Dagco provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 251–500 clients last fiscal year.
Dagco reports 463 clients. They include 272 individual clients, 104 high-net-worth individuals, and 71 corporations and other businesses. Of its assets, 98.7% ($621M across 1,160 accounts) are managed with discretion; $8.06M across 13 accounts are not. Of its clients, 6% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 59% | 13% |
| High-net-worth individuals | 22% | 55% |
| Pension and profit-sharing plans | 2% | <1% |
| Charitable organizations | 2% | 3% |
| Corporations and other businesses | 15% | 28% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 272 | $81.3M | 12.9% | $299K |
| High-net-worth individuals | 104 | $346M | 55.1% | $3.33M |
| Pension and profit-sharing plans | 9 | $4.99M | 0.8% | $554K |
| Charitable organizations | 7 | $18.7M | 3.0% | $2.68M |
| Corporations and other businesses | 71 | $177M | 28.2% | $2.5M |
| Total | 463 | $629M | 100% | $1.36M |
- Clients
- 272
- Regulatory AUM
- $81.3M
- AUM share
- 12.9%
- Avg. per client
- $299K
- Clients
- 104
- Regulatory AUM
- $346M
- AUM share
- 55.1%
- Avg. per client
- $3.33M
- Clients
- 9
- Regulatory AUM
- $4.99M
- AUM share
- 0.8%
- Avg. per client
- $554K
- Clients
- 7
- Regulatory AUM
- $18.7M
- AUM share
- 3.0%
- Avg. per client
- $2.68M
- Clients
- 71
- Regulatory AUM
- $177M
- AUM share
- 28.2%
- Avg. per client
- $2.5M
Total
- Clients
- 463
- Regulatory AUM
- $629M
- AUM share
- 100%
- Avg. per client
- $1.36M
- Clients outside the U.S.
- 6%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Dagco charges up to 1.00% a year for its Investment management advisory services. The fee is billed in arrears, is negotiable and has a $40 annual minimum. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning services
- Financial planning is charged hourly at $300 to $600, or as a one-time fee typically $1,500 to $15,000, or as an annual retainer of $3,000 to $15,000.
Nick Dionisos owns 25% to 50% of Dagco. The leadership team of Dagco includes President Nick Dionisos and Chief Compliance Officer Edmund Malone. It has 8 employees, 4 of them in advisory roles.
Leadership
- Nick DionisosPresident and Senior Investment Consultant
- Michael KelleyVice President
- Edmund MaloneChief Compliance Officer
- Christina FanourakisDirector of Financial Planning
- Nicholas KaplanDirector of Wealth Management
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
- Nick Dionisos
- Christina Kyrkos Fanourakis
- Nicholas Michael Kaplan
- Michael Wayne Kelley II
- Edmund Vincent Malone
- Augustine Raymond Matheson
- Anastasiya Sembay
Staff
- 8 employees
- 4 in advisory functions
- 5 state-registered reps
- Owns 25% to 50% of Dagco, Inc.
Nick Dionisos
Control person · since June 1997
- Owns 25% to 50% of Dagco, Inc.
Michael Kelley
Control person · since October 2020
- Owns 5% to 10% of Dagco, Inc.
Nicholas Kaplan
since January 2025
- Owns 5% to 10% of Dagco, Inc.
Christina Fanourakis
since January 2025
Dagco’s regulatory assets grew 2.2× from $284M (February 2021) to $629M (September 2026); clients rose from 338 to 463 and employees from 6 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $629M | 463 | 8 | 1 |
| April 2025 | $518M | 434 | 8 | 1 |
| April 2024 | $421M | 404 | 8 | 1 |
| April 2023 | $330M | 382 | 8 | 1 |
| March 2022 | $353M | 372 | 7 | 1 |
| February 2021 | $284M | 338 | 6 | 1 |
Besides its headquarters, Dagco has 0 offices, with 1 listed address in Ohio.
Ohio · 1 listed address
- 27366 Center Ridge Road, WestlakeHQ
Contact and registration details
- Legal name
- Dagco, Inc.
- Headquarters
- 27366 Center Ridge Road, Westlake, OH 44145
- Website
- cornerstonewealthmgmt.com
- Phone
- 440-899-4000
- @1209533
- SEC file
- 801-51066
- Structure
- Ohio corporation
- Fiscal year end
- December
Dagco uses Charles Schwab ($556M) as custodian for its separately managed accounts. Dagco has custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $556M100%
At year end, Dagco’s separately managed accounts were mostly in funds (62%) and stocks (16%). Its reported 13F holdings for the quarter ended 30 June 2026 total $541M across 117 positions; the largest are SPDR Portfolio Short Term Treasury ETF (9.9%), iShares Core Dividend Growth ETF (7.6%) and iShares Core S&P 500 Index ETF (6.5%).
What the accounts hold
- Stocks16%
- Funds62%
- Bonds16%
- Cash6%
Reported 13F holdings
- $541M
- Reported 13F value
- 117
- Positions
- 57.9%
- In the 10 largest
- +17.3%
- Value vs. prior quarter
- SPDR Portfolio Short Term Treasury ETF · State Street Spd9.9%
- iShares Core Dividend Growth ETF · Core Div Grwth7.6%
- iShares Core S&P 500 Index ETF · Core S&P500 ETF6.5%
- Vanguard High Dividend Yield ETF · High Div Yld6.5%
- Vanguard Growth ETF · Growth ETF6.3%
- Schwab US Large-cap Growth ETF · US Lcap GR ETF4.9%
- Schwab US Dividend Equity ETF · US Dividend EQ4.8%
- Vanguard Short-term Corporate Bond ETF · Shrt Trm Corp. BD4.5%
- First Trust Smid Cp Rising Div Achv ETF · Smid Risng ETF3.4%
- Sellas Life Sciences Group Inc.3.4%
Together, the ten largest are 57.9% of reported value.
How many clients does Dagco have?
Dagco has 463 clients and manages $629 million for them, as of September 2026. They include 272 individual clients, 104 high-net-worth individuals, and 71 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 September 2026
What services does Dagco offer?
Dagco provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Dagco charge?
Dagco charges up to 1.00% a year for its Investment management advisory services. The fee is billed in arrears, is negotiable and has a $40 annual minimum.
Source: CORNERSTONE WEALTH MANAGEMENT FORM ADV PART 2A, filed 11 February 2026
Which custodians does Dagco use?
Dagco’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $556M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 September 2026
How many financial advisors does Dagco have?
Dagco has 5 investment adviser representatives registered with state securities authorities, out of 8 employees, and 4 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 Dagco invest in?
At the end of its last fiscal year, Dagco’s separately managed accounts held 62% registered funds (mutual funds, ETFs, BDCs), 16% exchange-traded equities, 16% U.S. government and agency bonds and 6% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Dagco?
Dagco’s direct owners are Nicholas Kaplan, Nick Dionisos, Michael Kelley and Christina Fanourakis, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 17 September 2026
How does Dagco get paid?
Dagco 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 Dagco?
Dagco’s main office is at 27366 Center Ridge Road, Westlake, OH 44145. Its phone number is 440-899-4000. Its website is cornerstonewealthmgmt.com.