Cornerstone Securities provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Cornerstone Securities reports 900 clients. They include 812 individual clients and 88 high-net-worth individuals. Of its assets, 100.0% ($210M across 1,246 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 90% | 56% |
| High-net-worth individuals | 10% | 44% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 812 | $118M | 56.1% | $145K |
| High-net-worth individuals | 88 | $92.2M | 43.9% | $1.05M |
| Total | 900 | $210M | 100% | $233K |
- Clients
- 812
- Regulatory AUM
- $118M
- AUM share
- 56.1%
- Avg. per client
- $145K
- Clients
- 88
- Regulatory AUM
- $92.2M
- AUM share
- 43.9%
- Avg. per client
- $1.05M
Total
- Clients
- 900
- Regulatory AUM
- $210M
- AUM share
- 100%
- Avg. per client
- $233K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Cornerstone Securities charges up to 2.00% for its IAR Directed Asset Management Services. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning or Consulting
- Negotiated with the IAR: billed hourly at up to $500 an hour, or as a flat fee up to $10,000.
Russell Fieger owns 75% or more of Cornerstone Securities. The leadership team of Cornerstone Securities includes Chief Compliance Officer Russell Fieger. It has 10 employees.
Leadership
- Russell FiegerCEO/Chief Compliance Officer
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
Staff
- 10 employees
- 10 in advisory functions
- 10 state-registered reps
- 10 insurance agents
- Owns 75% or more of Cornerstone Securities LLC
Russell Fieger
Control person · since April 2006
Cornerstone Securities’ regulatory assets grew 1.7× from $125M (March 2021) to $210M (September 2026); clients rose from 600 to 900 and employees were 10 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $210M | 900 | 10 | 4 |
| May 2025 | $175M | 800 | 10 | 4 |
| March 2021 | $125M | 600 | 10 | 5 |
Besides its headquarters, Cornerstone Securities has 3 offices, with 4 listed addresses in Illinois and Kansas.
Kansas · 3 listed addresses
- 9270 Glenwood St, Suite B, Overland ParkHQ
- 6901 Shawnee Mission Pkwy, Overland Park
- 9270 Glenwood, Overland Park
Illinois · 1 listed address
- 132 W Northwest Hwy, Arlington Heights
Contact and registration details
- Legal name
- Cornerstone Securities LLC
- Headquarters
- 9270 Glenwood St, Suite B, Overland Park, KS 66212
- Website
- taylordfinancialservices.com
- Phone
- 913-538-5483
- SEC file
- 801-133715
- Structure
- Kansas LLC
- Fiscal year end
- December
Cornerstone Securities uses Charles Schwab ($210M) as custodian for its separately managed accounts. Cornerstone Securities does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Diego, CA · $210M100%
At year end, Cornerstone Securities’ separately managed accounts were mostly in stocks (75%) and bonds (13%).
What the accounts hold
- Stocks75%
- Bonds13%
- U.S. government and agency bonds10%
- State and local bonds1%
- Investment grade corporate bonds1%
- High-yield corporate bonds1%
- Cash12%
How many clients does Cornerstone Securities have?
Cornerstone Securities has 900 clients and manages $210 million for them, as of September 2026. They include 812 individual clients and 88 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 21 September 2026
What services does Cornerstone Securities offer?
Cornerstone Securities provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Cornerstone Securities charge?
Cornerstone Securities charges up to 2.00% for its IAR Directed Asset Management Services. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable.
Source: ADV 2A, filed 1 April 2026
Which custodians does Cornerstone Securities use?
Cornerstone Securities’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Diego, CA), with $210M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 September 2026
How many financial advisors does Cornerstone Securities have?
Cornerstone Securities has 10 investment adviser representatives registered with state securities authorities, out of 10 employees, and 10 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 10 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Cornerstone Securities invest in?
At the end of its last fiscal year, Cornerstone Securities’ separately managed accounts held 75% exchange-traded equities, 12% cash and equivalents, 10% U.S. government and agency bonds, 1% state and local bonds, 1% investment grade corporate bonds and 1% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cornerstone Securities?
Cornerstone Securities’ direct owner is Russell Fieger (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 21 September 2026
How does Cornerstone Securities get paid?
Cornerstone Securities is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Cornerstone Securities?
Cornerstone Securities’ main office is at 9270 Glenwood St, Suite B, Overland Park, KS 66212. Its phone number is 913-538-5483. Its website is taylordfinancialservices.com.