Cornerstone Trust Management Services reports 1 client. They include 1 other client. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $1.08B across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Other | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Other | Fewer than 5 | $1.08B | 100.0% | $1.08B |
| Total | 1 | $1.08B | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $1.08B
- AUM share
- 100.0%
- Avg. per client
- $1.08B
Total
- Clients
- 1
- Regulatory AUM
- $1.08B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Cornerstone Trust Management Services is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Cemetery Management Services, L.L.C. owns 75% or more of Cornerstone Trust Management Services and is in turn owned by Henlopen Memorial Park Subsidiary LLC (75% or more). Lilly Donohue is CEO; the leadership team includes Chief Investment Officer William Corbett and Chief Financial Officer Scott Stefani. It has 2 employees, 1 of them in advisory roles.
Leadership
- Lilly DonohueChief Executive Officer and President
- Scott StefaniChief Financial Officer and Treasurer
- William CorbettChief Investment Officer
- Karen SheeanChief People Officer
- Lorena TrujilloCCO, General Counsel, Secretary
Staff
- 2 employees
- 1 in advisory functions
- Owns 75% or more of Cornerstone Trust Management Services LLC
Cemetery Management Services, L.L.C.
Control person · since December 2001
- Owns 75% or more of Cemetery Management Services, L.L.C.
Henlopen Memorial Park Subsidiary LLC
Control person · since September 2004
- Owns 75% or more of Henlopen Memorial Park Subsidiary LLC
Cornerstone Family Services of West Virginia Subsidiary, Inc.
Control person · since December 2009
Cornerstone Family Services of West Virginia LLC
Sole shareholder · Control person · since September 2004
Stonemor Operating LLC
Sole member · Control person · since September 2004
- Owns 75% or more of Stonemor Operating LLC
Stonemor Partners L.P.
Control person · since September 2004
- Owns 75% or more of Stonemor Partners L.P.
Stonemor LP Holdings, LLC
since December 2019
Stonemor Inc.
General partner · Control person · since December 2019
- Owns 75% or more of Stonemor Inc.
Everstory Parent Corp.
Control person · since November 2022
Cornerstone Trust Management Services’ regulatory assets grew from $824M (March 2021) to $1.08B (March 2026); clients were 1 in both filings and employees fell from 3 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.08B | 1 | 2 | 1 |
| March 2025 | $1.16B | 1 | 3 | 1 |
| March 2024 | $1B | 1 | 3 | 1 |
| March 2023 | $1B | 1 | 3 | 1 |
| March 2022 | $876M | 1 | 3 | 1 |
| March 2021 | $824M | 1 | 3 | 1 |
Besides its headquarters, Cornerstone Trust Management Services has 0 offices, with 1 listed address in Florida.
Florida · 1 listed address
- 955 Keller Road, Suite 1500, Altamonte SpringsHQ
Contact and registration details
- Legal name
- Cornerstone Trust Management Services LLC
- Headquarters
- 955 Keller Road, Suite 1500, Altamonte Springs, FL 32714
- Website
- Not reported
- Phone
- 215-826-2800
- SEC file
- 801-79734
- Structure
- Delaware LLC
- Fiscal year end
- December
Cornerstone Trust Management Services uses Regions Bank As Custodian ($1.08B) as custodian for its separately managed accounts. Cornerstone Trust Management Services does not have custody of client assets.
- Regions Bank As CustodianRegions Bank As Custodian · Birmingham, AL · $1.08B100%
At year end, Cornerstone Trust Management Services’ separately managed accounts were mostly in funds (94%).
What the accounts hold
- Funds94%
- Pooled vehicles93%
- Registered funds1%
- Cash6%
How many clients does Cornerstone Trust Management Services have?
Cornerstone Trust Management Services has 1 client and manages $1.08 billion for them, as of March 2026. They include 1 other client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
Which custodians does Cornerstone Trust Management Services use?
Cornerstone Trust Management Services’ separately managed account assets are held at Regions Bank As Custodian (Birmingham, AL), with $1.08B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does Cornerstone Trust Management Services have?
Cornerstone Trust Management Services has 0 investment adviser representatives registered with state securities authorities, out of 2 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Trust Management Services invest in?
At the end of its last fiscal year, Cornerstone Trust Management Services’ separately managed accounts held 93% pooled vehicles (private funds and similar), 6% cash and equivalents and 1% registered funds (mutual funds, ETFs, BDCs).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cornerstone Trust Management Services?
Cornerstone Trust Management Services is owned through a chain of holding companies by Stonemor LP Holdings, LLC and Everstory Parent Corp. Its direct owner is Cemetery Management Services, L.L.C. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Cornerstone Trust Management Services get paid?
Cornerstone Trust Management Services is paid through a percentage of assets under management. 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 Trust Management Services?
Cornerstone Trust Management Services’ main office is at 955 Keller Road, Suite 1500, Altamonte Springs, FL 32714. Its phone number is 215-826-2800.