Cornerstone Wealth Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, business succession planning, education planning, estate planning, insurance, philanthropic planning, and tax preparation. Financial planning was provided to 1–10 clients last fiscal year.
Cornerstone Wealth Group reports 2,506 clients. They include 2,054 individual clients, 319 high-net-worth individuals and 104 other clients. Of its assets, 100.0% ($2.49B across 2,274 accounts) are managed with discretion. It advised 50 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 82% | 40% |
| High-net-worth individuals | 13% | 58% |
| Banking or thrift institutions | 0% | 0% |
| Pension and profit-sharing plans | 0% | 0% |
| Charitable organizations | 0% | 0% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses; Other | 5% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 2,054 | $989M | 39.7% | $481K |
| High-net-worth individuals | 319 | $1.45B | 58.5% | $4.56M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | Fewer than 5 | $0 | 0.0% | — |
| Charitable organizations | Fewer than 5 | $0 | 0.0% | — |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | 29 | $17.3M | 0.7% | $597K |
| Other | 104 | $27.5M | 1.1% | $264K |
| Total | 2,506 | $2.49B | 100% | — |
- Clients
- 2,054
- Regulatory AUM
- $989M
- AUM share
- 39.7%
- Avg. per client
- $481K
- Clients
- 319
- Regulatory AUM
- $1.45B
- AUM share
- 58.5%
- Avg. per client
- $4.56M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 29
- Regulatory AUM
- $17.3M
- AUM share
- 0.7%
- Avg. per client
- $597K
- Clients
- 104
- Regulatory AUM
- $27.5M
- AUM share
- 1.1%
- Avg. per client
- $264K
Total
- Clients
- 2,506
- Regulatory AUM
- $2.49B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 50
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Cornerstone Wealth Group charges 0.30%–1.25% a year for its Comprehensive Portfolio Management. The fee is billed in advance and is negotiable. The brochure also prices 4 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning & Consulting
- Charged hourly or as a flat fee set by scope and complexity, generally negotiable, with a retainer of 50% of the estimated financial planning fee.
- Managed 529s and Annuities
- Advisory fee maximum of 1.00% for managed 529s and 0.75% for equity index and fixed index annuities; variable annuities are charged the tiered portfolio schedule.
- Retirement Plan Consulting
- 401(k) and 403(b) plan consulting is charged 50 to 65 bps on plan assets up to $1,000,000, stepping down to 15 to 20 bps from $25,000,001 to $50,000,000, negotiable above; minimum annual fee of $5,000.
- Tax Preparation Services
- Charged according to the complexity and scope of the engagement, generally billed on completion of the return or service.
Focus Operating, LLC owns 75% or more of Cornerstone Wealth Group and is in turn owned by Focus Financial Partners, LLC (75% or more). Craig Rubrecht is CEO; the leadership team includes Chief Investment Officer Clifford Hodge, Chief Financial Officer Terri Fiessinger and Chief Compliance Officer Rachel Posner. It has 50 employees.
Leadership
- Craig RubrechtChief Executive Officer
- Terri FiessingerChief Operations Officer, Chief Financial Officer
- Rachel PosnerChief Compliance Officer
- Jeffrey CarbonePartner
- Clifford HodgeChief Investment Officer
- Andrew SmithPartner
Investment adviser representatives
30 representatives listed in the SEC register as of 9 October 2026.
- Sean Michael Bandazian
- Robert William Benton
- Jonathan Steele Brown
- Gabrielle Elizabeth Cafalone
- Jeffrey Alan Carbone
- Cynthia Lynne Cross
- Jerett Ross Dimarzio
- Richard Gordon Fallon III
- Derek Ryan Gage
- Jeremy Warman Grant
- Patrick Hawkins
- Clifford Padgett Hodge III
- Kara Buteau Kunz
- Jared R McDaniel
- Cameron Franklin Meares
- Matthew Alan Moyzis
- Whitney Anne Pappas
- Andrea Lynn Pine
- Rachel Lee Posner
- Jeffrey Norman Powell
- Brenda Hance Pressley
- Craig Alan Rubrecht
- Matthew James Sandberg
- Andrew Kelsey Smith
- Wallace Edward Sutton
- Zachary Edward Sutton
- Joseph Edward Sweeney III
- Rodney Thomas Wendt
- Annabeth Grace Wilkes
- Edward Massenburg Wood III
Staff
- 50 employees
- 50 in advisory functions
- 24 state-registered reps
- 20 broker-dealer reps
- 16 insurance agents
- 3 soliciting firms
- Owns 75% or more of Cornerstone Wealth Group, LLC
Focus Operating, LLC
Control person · since September 2017
- Owns 75% or more of Focus Operating, LLC
Focus Financial Partners, LLC
Control person · since January 2007
- Owns 75% or more of Focus Financial Partners, LLC
Focus Financial Partners Inc.
Control person · since July 2018
- Owns 75% or more of Focus Financial Partners Inc.
Ferdinand FFP Acquisition, LLC
Control person · since August 2023
- Owns 75% or more of Ferdinand FFP Acquisition, LLC
Ferdinand FFP Intermediate Holdings, LLC
Control person · since August 2023
- Owns 75% or more of Ferdinand FFP Intermediate Holdings, LLC
Ferdinand FFP Parent, Inc.
Control person · since August 2023
- Owns 75% or more of Focus Financial Partners Inc.
Ferdinand FFP Ultimate Holdings, LP
Control person · since August 2023
- Owns 50% to 75% of Ferdinand FFP Ultimate Holdings, LP
CD&R Ferdinand Holdings, L.P.
Control person · since August 2023
- Owns 50% to 75% of CD&R Ferdinand Holdings, L.P.
Clayton, Dubilier & Rice Fund Xii, L.P.
Control person · since August 2023
- Owns 25% to 50% of CD&R Ferdinand Holdings, L.P.
CD&R Ferdinand Co-Investor, L.P.
Control person · since August 2023
Cornerstone Wealth Group’s regulatory assets grew 2.3× from $1.07B (March 2021) to $2.49B (August 2026); clients fell from 5,075 to 2,506 and employees rose from 32 to 50. In 2024, Sutton Wealth Advisors ($393M in its last filing) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $2.49B | 2,506 | 50 | 9 |
| July 2025 | $2.11B | 2,479 | 50 | 8 |
| March 2024 | $1.29B | 2,093 | 50 | 8 |
| May 2023 | $1.12B | 2,045 | 35 | 7 |
| July 2022 | $1.26B | 2,159 | 38 | 6 |
| March 2021 | $1.07B | 5,075 | 32 | 6 |
Firms that joined
20241 joined
- Sutton Wealth AdvisorsLast filed AUM $393M
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Cornerstone Wealth Group has 8 offices, with 9 listed addresses across 6 states.
South Carolina · 3 listed addresses
- 718 Lady Street, Columbia
- 150 Coach Light Way, Aiken
- 601 E. McBee Avenue, Greenville
North Carolina · 2 listed addresses
- 16810 Kenton Drive, Suite 200, HuntersvilleHQ
- 3436 Toringdon Way, Charlotte
California · 1 listed address
- 1736 Stockton Street, San Francisco
Colorado · 1 listed address
- 865 Albion St Suite 250, Denver
Florida · 1 listed address
- 3708 W Swann Ave, Tampa
Georgia · 1 listed address
- 3372 Peachtree Road, Atlanta
Other business names
Cornerstone Wealth Group has reported 3 other business names to the SEC.
- Cornerstone Enterprise Solutions Group
- Cornerstone Retire
- Cornerstone Wealth
Contact and registration details
- Legal name
- Cornerstone Wealth Group, LLC
- Headquarters
- 16810 Kenton Drive, Suite 200, Huntersville, NC 28078
- Website
- cwgadvisors.com
- Phone
- 704-987-3410
- SEC file
- 801-112164
- Structure
- Delaware LLC
- Fiscal year end
- December
Cornerstone Wealth Group uses Fidelity ($1.74B, 73%) and Charles Schwab ($631M, 27%) as custodians for its separately managed accounts. Cornerstone Wealth Group has custody of $767M in client assets for 1,652 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $631M27%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $1.74B73%
At year end, Cornerstone Wealth Group’s separately managed accounts were largely in funds (48%) and stocks (39%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.69B across 504 positions; the largest are State Str SPDR S&P 500 ETF T (5.4%), Apple Inc. (4.9%) and Nvidia Corporation (3.7%).
What the accounts hold
- Stocks39%
- Funds48%
- Registered funds47%
- Pooled vehicles1%
- Bonds5%
- State and local bonds2%
- Investment grade corporate bonds2%
- U.S. government and agency bonds1%
- Cash5%
- Other3%
- Annuity, alternative investment3%
Reported 13F holdings
- $1.69B
- Reported 13F value
- 504
- Positions
- 30.7%
- In the 10 largest
- +8.3%
- Value vs. prior quarter
- State Str SPDR S&P 500 ETF T · TR Unit5.4%
- Apple Inc.4.9%
- Nvidia Corporation3.7%
- iShares TR · Core S&P500 ETF3.1%
- iShares TR · Core MSCI Intl3.0%
- Microsoft Corp.2.9%
- Schwab Strategic TR · US Lrg Cap ETF2.1%
- Broadcom Inc.2.0%
- Alphabet Inc. · Cap Stk CL A1.9%
- SPDR Series Trust · ST Str P500etf1.6%
Together, the ten largest are 30.7% of reported value.
How many clients does Cornerstone Wealth Group have?
Cornerstone Wealth Group has 2,506 clients and manages $2.49 billion for them, as of August 2026. They include 2,054 individual clients, 319 high-net-worth individuals and 104 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 August 2026
What services does Cornerstone Wealth Group offer?
Cornerstone Wealth Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, business succession planning, education planning, estate planning, insurance, philanthropic planning, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Cornerstone Wealth Group charge?
Cornerstone Wealth Group charges 0.30%–1.25% a year for its Comprehensive Portfolio Management. The fee is billed in advance and is negotiable.
Which custodians does Cornerstone Wealth Group use?
Cornerstone Wealth Group’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $1.74B and Charles Schwab & Co., Inc. (San Francisco, CA), with $631M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 August 2026
How many financial advisors does Cornerstone Wealth Group have?
Cornerstone Wealth Group has 24 investment adviser representatives registered with state securities authorities, out of 50 employees, and 50 perform investment advisory functions. 20 employees are registered representatives of a broker-dealer and 16 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 Wealth Group invest in?
At the end of its last fiscal year, Cornerstone Wealth Group’s separately managed accounts held 47% registered funds (mutual funds, ETFs, BDCs), 39% exchange-traded equities, 5% cash and equivalents, 3% other, 2% state and local bonds, 2% investment grade corporate bonds, 1% U.S. government and agency bonds and 1% pooled vehicles (private funds and similar). The 3% other category is described as: Annuity, Alternative Investment.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cornerstone Wealth Group?
Cornerstone Wealth Group is owned through a chain of holding companies by Ferdinand FFP Parent, Inc., CD&R Ferdinand Co-Investor, L.P. and Clayton, Dubilier & Rice Fund Xii, L.P. Its direct owner is Focus Operating, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 August 2026
How does Cornerstone Wealth Group get paid?
Cornerstone Wealth Group is paid through a percentage of assets under management, fixed fees and other compensation. 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 Wealth Group?
Cornerstone Wealth Group’s main office is at 16810 Kenton Drive, Suite 200, Huntersville, NC 28078. Its phone number is 704-987-3410. Its website is cwgadvisors.com.