Cornerstone Financial Planning

Financial Advisor in Montgomery County, MD

Firm Info
Address: 24908 Silver Crest Dr, Gaithersburg, MD 20882, USA
Phone: (301) 253-0600

Firm Size
Assets Under Management: $266.6 million
# of Advisors: 8
# of Clients: 820
Client to Advisor Ratio: 103:1
Average Account Size: $325,094
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Selection of Others Advisors

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth


Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)

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Cornerstone Financial Planning, LLC Overview

Cornerstone Financial Planning, LLC is an investment advisory firm based in Portsmouth, NH that provides fee-only financial planning services. The firm has been in business since 2016 and is focused on providing investment advice to their clients. As a registered investment advisory firm, Cornerstone Financial Planning, LLC offers a variety of investment and financial planning services to help clients achieve their goals. Their fee arrangement is based on fee-only, which means that clients pay only for the services they receive, with no commissions or other financial incentives involved. This setup helps ensure that the firm's interests align with their clients' best interests. Among the services that Cornerstone Financial Planning, LLC provides include financial planning, portfolio management for both individuals and small businesses, as well as selection of other advisors. By offering a range of services, the firm can better tailor their recommendations to each client's specific needs and goals. Overall, Cornerstone Financial Planning, LLC is a trusted and experienced partner for individuals and businesses seeking investment advice and financial planning services in the Portsmouth, NH area.

CORNERSTONE FINANCIAL PLANNING, LLC provides financial planning services to various types of clients. These clients include individuals looking to plan for their future, as well as high net worth individuals seeking to manage and grow their wealth. The firm works with clients both young and old, from all walks of life, to help them achieve their financial goals and secure their financial futures. When it comes to fee structures, CORNERSTONE FINANCIAL PLANNING, LLC offers different options depending on the services provided. For clients who require ongoing portfolio management, the firm typically charges a percentage of assets under management (AUM). For those who need more specific or one-time financial planning guidance, hourly fees are available. The fees for these services are based on the amount of time the advisor spends with the client and can vary depending on the complexity of the issue being addressed. Additionally, a fixed fee structure may be available for certain services. These fees are set in advance and are not dependent on the amount of assets managed or the amount of time spent advising the client. Overall, CORNERSTONE FINANCIAL PLANNING, LLC strives to offer transparent and reasonable fee structures to ensure that their services are accessible to clients from a wide range of financial backgrounds.

Typical Clients, Fee Structures & Investment Minimum

Cornerstone Financial Planning, LLC has an investment minimum of $750,000 for assets under their management or advice. This information is stated in their Part 2 Brochure note about investment minimums. Therefore, if investors want to work with Cornerstone Financial Planning, they must be able to invest at least $750,000. It is important to note that the firm's Part 2 Brochure explicitly mentions this investment minimum, indicating a level of transparency and clarity in their communication with potential clients.

How This Office Can Help Montgomery County, MD Residents

Cornerstone Financial Planning provides a wide range of financial planning services to clients in Montgomery County, MD including retirement planning, tax planning, investment management, and estate planning. Our financial advisors work with clients to analyze their current financial situation and develop a customized financial plan that aligns with both their long-term goals and their short-term needs. We understand that residents of Montgomery County, MD are facing unique financial situations such as navigating the high cost of living in the area while also saving for retirement, college, or other long-term goals. Our team of advisors is equipped to help clients prioritize their financial goals and make smart financial decisions that will help them achieve financial independence and security.

To view the Minimum Investment and Fee Schedule for Cornerstone Financial Planning, LLC, visit their Part 2 Brochure.

Services Offered by Cornerstone Financial Planning, LLC

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Cornerstone Financial Planning, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Fixed Fees (Other than subscription)
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 24908 Silver Crest Dr, Gaithersburg, MD 20882, USA
Phone (301) 253-0600
Directions
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Other Office Locations

Firm Headquarters
Firm headquarters location 210 COMMERCE WAY, SUITE 230, PORTSMOUTH, NH 3801, United States

This firm has no other locations.

State Registrations

Cornerstone Financial Planning, LLC is registered to service clients in the following states:

  • Florida
  • Maine
  • Massachusetts
  • New Hampshire
  • Texas

Disciplinary History

Cornerstone Financial Planning, LLC does not have any disclosures. Please visit it's Form ADV for more details.

FREQUENTLY ASKED QUESTIONS

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