{"url":"https://nivawealth.com/firms/cornerstone-wealth-management-164666","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/164666","regulatoryAum":4934013239,"crd":"164666","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"3025049","suffix":null,"lastName":"Anderhub","firstName":"Eric","middleName":"Xavier"},{"crd":"5500617","suffix":null,"lastName":"ANDERSON","firstName":"CHRISTOPHER","middleName":"SCOTT"},{"crd":"4119911","suffix":"II","lastName":"AULBERT","firstName":"DONALD","middleName":"PAUL"},{"crd":"4925166","suffix":null,"lastName":"BECKRICH","firstName":"MARK","middleName":"EVAN"},{"crd":"1608624","suffix":"JR","lastName":"BELL","firstName":"RONALD","middleName":"LINWOOD"},{"crd":"3188572","suffix":null,"lastName":"BENSON","firstName":"JASON","middleName":"WESLEY"},{"crd":"7442638","suffix":null,"lastName":"BETTS","firstName":"KEVIN","middleName":"RAY"},{"crd":"4264257","suffix":null,"lastName":"BOEHLE","firstName":"BRIAN","middleName":"LEE"},{"crd":"1931148","suffix":null,"lastName":"BRIAR","firstName":"JULIE","middleName":"MARIE"},{"crd":"7553683","suffix":null,"lastName":"Bridwell","firstName":"Jacob","middleName":"Thomas"},{"crd":"2683147","suffix":null,"lastName":"BRIDWELL","firstName":"LARRY","middleName":null},{"crd":"4344613","suffix":null,"lastName":"CALLIER","firstName":"SANDRA","middleName":"MARIE"},{"crd":"5047217","suffix":null,"lastName":"CASEY","firstName":"DERRICK","middleName":"STANLEY"},{"crd":"4659130","suffix":null,"lastName":"Cauthorn","firstName":"Benjamin","middleName":"Carlton"},{"crd":"5174580","suffix":null,"lastName":"CLAYTON","firstName":"CHRISTOPHER","middleName":"ROY"},{"crd":"6944073","suffix":null,"lastName":"Clemens","firstName":"Bruce","middleName":"William"},{"crd":"6897781","suffix":null,"lastName":"Crook","firstName":"Regina","middleName":"Erin"},{"crd":"6588366","suffix":null,"lastName":"Cross","firstName":"Ashley","middleName":"Amber"},{"crd":"4275359","suffix":null,"lastName":"DAVIDSON","firstName":"VONDAL","middleName":"RADEAN"},{"crd":"7253736","suffix":null,"lastName":"Davis","firstName":"Trevor","middleName":"William"},{"crd":"3241941","suffix":null,"lastName":"DEPROSPERO","firstName":"MARK","middleName":"CHRISTOPHER"},{"crd":"2308115","suffix":null,"lastName":"DIXON","firstName":"BRIAN","middleName":"DENVER"},{"crd":"1625760","suffix":null,"lastName":"DOYLE","firstName":"PATRICK","middleName":"JOSEPH"},{"crd":"2988100","suffix":null,"lastName":"DUSSI","firstName":"ROBERT","middleName":"JOHN"},{"crd":"2948816","suffix":null,"lastName":"ELLER","firstName":"CHARLES","middleName":"RICHARD"},{"crd":"4854293","suffix":null,"lastName":"ENLOW","firstName":"JIMMY","middleName":"ALLEN"},{"crd":"5079732","suffix":null,"lastName":"ETHERIDGE","firstName":"MICHAEL","middleName":"B."},{"crd":"6551047","suffix":null,"lastName":"FAERBER","firstName":"JORDAN","middleName":null},{"crd":"4278696","suffix":null,"lastName":"FALL","firstName":"MATTHEW","middleName":"ALAN"},{"crd":"6444660","suffix":null,"lastName":"FENTON","firstName":"LAURA","middleName":"ANN"},{"crd":"7021882","suffix":null,"lastName":"GARRISON","firstName":"LESLIE","middleName":"KAREN"},{"crd":"1964527","suffix":null,"lastName":"GOODEN","firstName":"THOMAS","middleName":"SHAW"},{"crd":"5240796","suffix":null,"lastName":"Gore","firstName":"John","middleName":"Russell Fletcher"},{"crd":"3160058","suffix":null,"lastName":"Green","firstName":"Curtis","middleName":"Randall"},{"crd":"6428809","suffix":null,"lastName":"HADZIC","firstName":"ALISON","middleName":"DAWN"},{"crd":"6527012","suffix":null,"lastName":"HOBBS","firstName":"RACHEL","middleName":"ELIZABETH"},{"crd":"2786649","suffix":null,"lastName":"HUBER","firstName":"DALE","middleName":"GERARD"},{"crd":"7366725","suffix":null,"lastName":"Joyner","firstName":"Kassidy","middleName":null},{"crd":"4227806","suffix":"JR.","lastName":"KALLAOS","firstName":"WILLIAM","middleName":"SAM"},{"crd":"2756441","suffix":null,"lastName":"KAPLAN","firstName":"DAVID","middleName":"LEE"},{"crd":"7131817","suffix":null,"lastName":"Keifer","firstName":"Gabrielle","middleName":"Rose"},{"crd":"6648727","suffix":null,"lastName":"Keifer","firstName":"Grant","middleName":"Joseph"},{"crd":"1964546","suffix":null,"lastName":"KEIFER","firstName":"JOSEPH","middleName":"MICHAEL"},{"crd":"3040364","suffix":null,"lastName":"Klassen","firstName":"Chad","middleName":"Jeremy"},{"crd":"6932719","suffix":null,"lastName":"KRICKOVIC","firstName":"NIKOLA","middleName":null},{"crd":"5746583","suffix":null,"lastName":"La Rue","firstName":"David","middleName":"Charles"},{"crd":"5260679","suffix":null,"lastName":"LO","firstName":"ROBERT","middleName":"HON-LUNG"},{"crd":"5400598","suffix":null,"lastName":"LOHMEYER","firstName":"ANDREW","middleName":"DALE"},{"crd":"5199516","suffix":null,"lastName":"Loper","firstName":"Thomas","middleName":"Casey"},{"crd":"7965170","suffix":null,"lastName":"McKey","firstName":"James","middleName":"Keith"},{"crd":"2490696","suffix":null,"lastName":"MILLONAS","firstName":"DEAN","middleName":"ANDREW"},{"crd":"4735175","suffix":null,"lastName":"MINTON","firstName":"MARK","middleName":"WALKER"},{"crd":"5537893","suffix":null,"lastName":"MORSE","firstName":"NATHAN","middleName":"Paul"},{"crd":"5295835","suffix":null,"lastName":"MOTT","firstName":"CARLISLE","middleName":"HOPEWOOD"},{"crd":"2775144","suffix":null,"lastName":"Neeman","firstName":"Calvin","middleName":"Amandus"},{"crd":"2598079","suffix":null,"lastName":"PATTERSON","firstName":"TAYSHA","middleName":"COLVIN"},{"crd":"2895381","suffix":null,"lastName":"PERRY","firstName":"JOHN","middleName":"RUSSELL"},{"crd":"5650859","suffix":null,"lastName":"Pockrus","firstName":"Simon","middleName":"Paul"},{"crd":"5726462","suffix":null,"lastName":"RAINS","firstName":"MARSHALL","middleName":"ROCKTON"},{"crd":"7704737","suffix":null,"lastName":"REECE","firstName":"CONNOR","middleName":null},{"crd":"5404682","suffix":null,"lastName":"RODRIGUEZ","firstName":"JEREMIAH","middleName":"RAPHAEL"},{"crd":"7785643","suffix":null,"lastName":"Roque","firstName":"Cade","middleName":null},{"crd":"4375742","suffix":null,"lastName":"RUFKAHR","firstName":"MATTHEW","middleName":"LEE"},{"crd":"4334359","suffix":null,"lastName":"SCHELLMAN","firstName":"MATTHEW","middleName":"JAMES"},{"crd":"1674426","suffix":null,"lastName":"SCHMIDT","firstName":"JAMES","middleName":"ALAN"},{"crd":"6324047","suffix":null,"lastName":"SCHMIDT","firstName":"JAMES","middleName":"ROBERT"},{"crd":"2525779","suffix":null,"lastName":"SHOEMAKER","firstName":"GREGORY","middleName":"ALAN"},{"crd":"4401606","suffix":null,"lastName":"SILVA","firstName":"GABRIEL","middleName":null},{"crd":"2684982","suffix":null,"lastName":"SMITH","firstName":"DANIEL","middleName":"EDWARD"},{"crd":"2909500","suffix":null,"lastName":"SMITH","firstName":"ERIC","middleName":"SHANNON"},{"crd":"1547990","suffix":null,"lastName":"SONTAG","firstName":"THOMAS","middleName":"JOHN"},{"crd":"4134303","suffix":null,"lastName":"STRICKLER","firstName":"LAURA","middleName":"PATTERSON"},{"crd":"7567683","suffix":null,"lastName":"Swenson","firstName":"Blake","middleName":"M"},{"crd":"2794756","suffix":null,"lastName":"SWENSON","firstName":"CHRISTOPHER","middleName":"JON"},{"crd":"7512516","suffix":null,"lastName":"Tait","firstName":"Steven","middleName":"Matthew"},{"crd":"4437463","suffix":null,"lastName":"THOMPSON","firstName":"AARON","middleName":"DREW"},{"crd":"5272154","suffix":null,"lastName":"THOMPSON","firstName":"ERIK","middleName":"EUGENE"},{"crd":"5530758","suffix":null,"lastName":"TOBEN","firstName":"BENJAMIN","middleName":"GREGORY"},{"crd":"3224228","suffix":null,"lastName":"TYBURSKI","firstName":"NICHOLAS","middleName":"ANDREW"},{"crd":"6496145","suffix":null,"lastName":"WADKOWSKI","firstName":"BROOKE","middleName":"N"},{"crd":"1013604","suffix":"JR","lastName":"WALKER","firstName":"GEORGE","middleName":"WILLIAM"},{"crd":"3028276","suffix":null,"lastName":"WARD","firstName":"TIMOTHY","middleName":"PIERCE"},{"crd":"5354313","suffix":null,"lastName":"Wehmer","firstName":"John","middleName":"Henry"},{"crd":"5633129","suffix":null,"lastName":"WELCHER","firstName":"ELIZABETH","middleName":"BENNETT"},{"crd":"1237469","suffix":null,"lastName":"WEST","firstName":"DEAN","middleName":"EARL"},{"crd":"7050789","suffix":null,"lastName":"Wray","firstName":"Charles","middleName":"Paul"},{"crd":"1899311","suffix":null,"lastName":"WRAY","firstName":"LORI","middleName":"LYNN"},{"crd":"2051470","suffix":"Jr","lastName":"Wray","firstName":"Louis","middleName":"Earl"},{"crd":"4591346","suffix":null,"lastName":"Yingst","firstName":"Kevin","middleName":"Warren"},{"crd":"7745850","suffix":null,"lastName":"Young","firstName":"Ella","middleName":"Katherine"}],"total":90,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-05-19","regulatoryAum":2819783189,"clients":13620,"employees":142,"offices":44},{"filedOn":"2022-03-30","regulatoryAum":3018465636,"clients":15394,"employees":147,"offices":45},{"filedOn":"2023-05-01","regulatoryAum":3119640218,"clients":17400,"employees":153,"offices":49},{"filedOn":"2024-03-28","regulatoryAum":3295074554,"clients":16986,"employees":148,"offices":42},{"filedOn":"2025-06-12","regulatoryAum":4082513557,"clients":18812,"employees":139,"offices":43},{"filedOn":"2026-05-04","regulatoryAum":4934013239,"clients":12691,"employees":103,"offices":46}],"secFileNumber":"801-76973","legalName":"Cornerstone Wealth Management, LLC","displayName":"Cornerstone Wealth Management","slug":"cornerstone-wealth-management-164666","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/cornerstone-wealth-management-usa/","founded":null,"organization":"Missouri limited liability company","fiscalYearEnd":"December","headquarters":{"street":"13358 Manchester Road, Suite 200","city":"Des Peres","state":"MO","stateName":"Missouri","country":"United States","postalCode":"63131"},"tradeNames":["Bell & Associates Wealth Management","Carlisle Mott Financial","Dixon Incorporated","Focus Wealth Management","Genfinity Wealth Management","Legends Financial Services Group LLC","Lifetime Planning, Inc.","Milestone Investment Counsel","Morse Wealth Management","Rains Wealth Management","Stauros Financial, LLC","Steamboat Financial Group","Stone 8 Wealth Management, LLC","Thoroughbred Financial Solutions","Triada Advisors","Vine Wealth Management","West Financial Services"],"registration":{"secApproved":"15 August 2012","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":386247.3821262245,"staff":{"employees":103,"advisory":102,"brokerDealerReps":102,"insuranceAgents":82,"promoters":0},"aum":{"regulatory":4934013239,"discretionary":4934013239,"discretionaryAccounts":20602,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":808842759,"nonUsClientsPct":0,"nonAumClients":4},"clientTypes":[{"label":"Individuals (other than HNW)","clients":8943,"regulatoryAum":1489899744},{"label":"High-net-worth individuals","clients":3511,"regulatoryAum":3320425153},{"label":"Pension and profit-sharing plans","clients":125,"regulatoryAum":30627454},{"label":"Charitable organizations","clients":39,"regulatoryAum":20778458},{"label":"Corporations and other businesses","clients":73,"regulatoryAum":71935136},{"label":"Other","clients":null,"fewerThan5":true,"regulatoryAum":347294}],"feePrograms":[{"role":"main","program":"Asset Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032376","versionId":1032376,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-30","documentName":"FORM ADV PART 2A - FIRM BROCHURE","fee_rate_low":1.4,"fee_rate_high":2.4,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Consulting","summary":"Hourly at up to $400 for financial advisors, or flat fees of $500 to $5,000, with a retainer of 50% of the fee.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032376","versionId":1032376,"submittedOn":"2026-03-30","documentName":"FORM ADV PART 2A - FIRM BROCHURE"},{"role":"other","program":"Retirement Account Consulting and Management","summary":"Hourly at $250, as flat fees of $750 to $10,000 a year, or as a percentage of assets of up to 2.5% on a schedule, invoiced to the client.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032376","versionId":1032376,"submittedOn":"2026-03-30","documentName":"FORM ADV PART 2A - FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T05:00:49.342224+00:00","documents":[{"name":"FORM ADV PART 2A - FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032376","versionId":1032376,"submittedOn":"2026-03-30"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032377","versionId":1032377,"submittedOn":null}]},"custodians":[{"name":"LPL Financial LLC","shortName":"LPL Financial","location":"Boston, MA","smaAssets":4925988560}],"custodyNote":"Cornerstone Wealth Management has custody of $29.7M in client assets for 3,306 clients.","leadership":[{"name":"Thomas Gooden","title":"Chief Compliance Officer & Member","crd":"1964527"},{"name":"Donald Aulbert","title":"Member","crd":"4119911"},{"name":"Liyin Bao","title":"Member","crd":"6121213"},{"name":"Leslie Garrison","title":"Member","crd":"7021882"},{"name":"John Howard","title":"Member","crd":"6894868"},{"name":"Khurram Naveed","title":"Member","crd":"6804049"},{"name":"Joseph Keifer","title":"Managing Member","crd":"1964546"},{"name":"Dean Millonas","title":"Managing Member","crd":"2490696"},{"name":"Patrick Lodes","title":"Member","crd":"4695127"},{"name":"Christopher Swenson","title":"Member","crd":"2794756"},{"name":"John Wehmer","title":"Member","crd":"5354313"},{"name":"William Friebel","title":"Member","crd":"2855285"}],"ownership":[{"label":"Joseph Keifer","detail":"Managing member in the 25% to 50% ownership band and a control person, since August 2012."},{"label":"Dean Millonas","detail":"Managing member in the 10% to 25% ownership band and a control person, since August 2012."},{"label":"Patrick Lodes","detail":"Member in the 10% to 25% ownership band, since April 2014."},{"label":"Christopher Swenson","detail":"Member in the 5% to 10% ownership band, since February 2016."},{"label":"John Wehmer","detail":"Member in the 5% to 10% ownership band, since January 2020."},{"label":"William Friebel","detail":"Member in the 5% to 10% ownership band, since April 2022."}],"filedOffices":{"otherThanPrincipal":45,"privateResidences":3},"listedOfficeAddresses":46,"foreignOffices":[],"officesByState":[{"state":"Arizona","offices":1,"addresses":[{"street":"2812 N. Norwalk","city":"Mesa"}]},{"state":"Arkansas","offices":5,"addresses":[{"street":"700 S. Walton BLVD.","city":"Bentonville"},{"street":"307 Judge Smith Drive","city":"Marion"},{"street":"4700 S. Thompson St.","city":"Springdale"},{"street":"3718 S. Pinnacle Hills Parkway","city":"Rogers"},{"street":"3632 Johnson Mill BLVD.","city":"Springdale"}]},{"state":"California","offices":2,"addresses":[{"street":"2580 E Main St.","city":"Ventura"},{"street":"34530 Bob Hope DR.","city":"Rancho Mirage"}]},{"state":"Florida","offices":1,"addresses":[{"street":"12824 Spring Lake Drive","city":"Cooper City"}]},{"state":"Georgia","offices":2,"addresses":[{"street":"304 South Main Street","city":"Madison"},{"street":"3115 Roswell RD","city":"Marietta"}]},{"state":"Illinois","offices":4,"addresses":[{"street":"930 South Commercial Street","city":"Harrisburg"},{"street":"1000 Eleven South","city":"Columbia"},{"street":"3507 W. Elm Street","city":"McHenry"},{"street":"1007 W Jefferson Ave","city":"Effingham"}]},{"state":"Minnesota","offices":2,"addresses":[{"street":"225 10th St. N","city":"Mountain Lake"},{"street":"16201 90th St.","city":"Otsego"}]},{"state":"Missouri","offices":17,"addresses":[{"street":"13358 Manchester Road, Suite 200","city":"Des Peres","headquarters":true},{"street":"6895 Lake Saint Louis BLVD.","city":"Lake Saint Louis"},{"street":"200 S. Hanley","city":"Clayton"},{"street":"3964 S. Old Highway 94","city":"Saint Charles"},{"street":"1034 S. Brentwood BLVD., Ste 1603","city":"St. Louis"},{"street":"16091 Swingley Ridge RD, Suite 110","city":"Chesterfield"},{"street":"1801 W. 32nd St., BLG C","city":"Joplin"},{"street":"12673 Alswell Lane","city":"St. Louis"},{"street":"14567 N. Outer RD.","city":"Chesterfield"},{"street":"4082 Stonecroft DR.","city":"St. Charles"},{"street":"13358 Manchester RD","city":"Des Peres"},{"street":"4130 S. Fairview Avenue","city":"Springfield"},{"street":"820 E. 6th Street","city":"Washington"},{"street":"1451 High Street","city":"Washington"},{"street":"7417 Mexico RD.","city":"St Peters"},{"street":"980 Executive DR.","city":"Osage Beach"},{"street":"1420 Wellington View Lane","city":"Wildwood"}]},{"state":"Oklahoma","offices":2,"addresses":[{"street":"2738 E 51st Street","city":"Tulsa"},{"street":"809 South Mustang Road","city":"Yukon"}]},{"state":"Tennessee","offices":2,"addresses":[{"street":"213 East Main Street","city":"Waverly"},{"street":"575 Mall BLVD","city":"Dyersburg"}]},{"state":"Texas","offices":1,"addresses":[{"street":"107 W. Fannin St.","city":"Leonard"}]},{"state":"Virginia","offices":4,"addresses":[{"street":"16 Gosnell Crossing","city":"Staunton"},{"street":"323 Deep Hollow Lane","city":"Strasburg"},{"street":"30 Ladd RD.","city":"Fisherville"},{"street":"13924 Coalfield Commons Place","city":"Midlothian"}]},{"state":"Washington","offices":2,"addresses":[{"street":"1531 Thorndyke Avenue West","city":"Seattle"},{"street":"12011 Bel-Red Road","city":"Bellevue"}]},{"state":"Wisconsin","offices":1,"addresses":[{"street":"1503 N. Spring Street","city":"Beaver Dam"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"314-394-1670","stateRegisteredReps":93,"otherAdviserReps":11,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":15},{"label":"U.S. state and local bonds","percent":1},{"label":"Non-investment grade corporate bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":75},{"label":"Cash and cash equivalents","percent":5},{"label":"Other","percent":1,"detail":"Structured Notes"}],"privateFunds":0},"sources":{"adv1FilingDate":"4 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/164666/PDF/164666.pdf","brochureDate":"30 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032376","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Cornerstone Wealth Management have?","answer":"Cornerstone Wealth Management has 12,691 clients and manages $4.93 billion for them, as of May 2026. They include 8,943 individual clients, 3,511 high-net-worth individuals, and 125 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 4 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Cornerstone Wealth Management offer?","answer":"Cornerstone Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Cornerstone Wealth Management charge?","answer":"Cornerstone Wealth Management charges 1.40%–2.40% a year for its Asset Management. The fee is billed in advance and is negotiable.","source":"FORM ADV PART 2A - FIRM BROCHURE, filed 30 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Cornerstone Wealth Management use?","answer":"Cornerstone Wealth Management’s separately managed account assets are held at LPL Financial LLC (Boston, MA), with $4.93B. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Cornerstone Wealth Management have?","answer":"Cornerstone Wealth Management has 93 investment adviser representatives registered with state securities authorities, out of 103 employees, and 102 perform investment advisory functions. 102 employees are registered representatives of a broker-dealer and 82 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Cornerstone Wealth Management invest in?","answer":"At the end of its last fiscal year, Cornerstone Wealth Management’s separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 15% exchange-traded equities, 5% cash and equivalents, 2% high-yield corporate bonds, 1% state and local bonds and 1% other. The 1% other category is described as: Structured Notes.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Cornerstone Wealth Management?","answer":"Cornerstone Wealth Management’s direct owners are Joseph Keifer, Dean Millonas, Patrick Lodes, Christopher Swenson, John Wehmer and William Friebel, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 4 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Cornerstone Wealth Management get paid?","answer":"Cornerstone Wealth Management 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Cornerstone Wealth Management registered with the SEC?","answer":"Yes, Cornerstone Wealth Management has been registered with the SEC as an investment adviser since 15 August 2012. Its CRD number is 164666 and its SEC file number is 801-76973.","source":"Form ADV Part 1A, Item 1, filed 4 May 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Cornerstone Wealth Management?","answer":"Cornerstone Wealth Management’s main office is at 13358 Manchester Road, Suite 200, Des Peres, MO 63131. Its phone number is 314-394-1670.","source":"Form ADV Part 1A, Item 1.F, filed 4 May 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}