Cornerstone Wealth Management Group

Wealth Management Firm in Wichita County, TX

Firm Info
Address: 3508 McNiel Ave, Wichita Falls, TX 76308, USA
Phone: (940) 687-0700

Firm Size
Assets Under Management: $112 million
# of Advisors: 3
# of Clients: 702
Client to Advisor Ratio: 234:1
Average Account Size: $159,544
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses

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

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

  • Charitable Organizations

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

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Cornerstone Wealth Management Group Overview

Cornerstone Wealth Management Group is a fee-only registered investment advisory firm that offers investment advice only to individuals and small businesses. The firm was established in 2022 and is headquartered in Greeneville, TN. Unlike other financial firms, Cornerstone Wealth Management Group does not receive any commissions or fees for selling financial products. The firm offers a range of services that include financial planning and portfolio management. The financial planning service is designed to help clients create a comprehensive financial plan that takes into account their current financial situation, future goals, and risk tolerance. The portfolio management service is geared towards individuals and small businesses looking for professional investment management and asset allocation guidance. At Cornerstone Wealth Management Group, the focus is on providing unbiased investment advice and managing clients' assets to help them achieve their financial goals. With a fee-only fee arrangement, the firm is committed to putting clients' interests first and avoiding any conflicts of interest that may arise from commission-based sales. Overall, Cornerstone Wealth Management Group is a trusted partner that can help clients navigate the complex world of finance and invest wisely for a brighter future.

CORNERSTONE WEALTH MANAGEMENT GROUP has built a reputation for offering comprehensive financial planning and investment management services to a diverse group of clients. Their client base includes individuals seeking strategies for growth and preservation of wealth, high net worth individuals looking for sophisticated financial planning and estate planning services, and charitable organizations aiming to make a lasting impact on their respective missions. The firm recognizes that each client has unique needs and goals, which is why they offer customized services tailored to meet the specific requirements of their clients. In terms of fee structures, CORNERSTONE WEALTH MANAGEMENT GROUP offers a range of options to accommodate different preferences and needs. For clients seeking ongoing financial planning and investment management services, the firm typically charges a percentage of assets under management (AUM). This allows clients to benefit from the firm's wealth management expertise and to enjoy a more hands-off approach to their finances. For clients looking for more ad-hoc services or specific advice, the firm offers hourly rates. This structure gives clients the flexibility to work with the firm on a project basis or to receive targeted support when needed. Additionally, for clients requiring a specialized service or a one-time consultation, the firm offers fixed fees. The firm values transparency and ensures that all fees are clearly communicated and agreed upon upfront, so clients can make informed decisions about their financial future.

Typical Clients, Fee Structures & Investment Minimum

Based on the Part 2 Brochure of Cornerstone Wealth Management Group, there is no mention of an investment minimum. Therefore, it is not possible to determine what the firm's investment minimum is. It is recommended to contact the company directly or consult with a financial advisor to inquire further about their investment minimum requirements.

How This Office Can Help Wichita County, TX Residents

Jessica Krusey at Ameriprise Financial Services, LLC is committed to providing expert financial advice and guidance to clients in Laguna Niguel, CA. With extensive knowledge in portfolio management, wealth preservation, retirement planning, and investment strategies, Jessica is equipped to help her clients navigate a range of financial situations. Laguna Niguel residents may face a unique set of financial circumstances, including navigating the expensive local real estate market, planning for retirement in one of the most expensive counties in the US, and managing investment portfolios to ensure long-term financial stability. With her in-depth understanding of these challenges, Jessica is able to offer customized financial plans to help her clients overcome these obstacles and achieve their financial goals. She is dedicated to building strong relationships with her clients, ensuring that every plan is tailored to their individual needs and preferences.


Services Offered by Cornerstone Wealth Management Group

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 Wealth Management Group 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 3508 McNiel Ave, Wichita Falls, TX 76308, USA
Phone (940) 687-0700
Directions
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Other Office Locations

Firm Headquarters
Firm headquarters location 517 N. MAIN STREET, SUITE A, GREENEVILLE, TN 37745, United States

This firm has no other locations.

State Registrations

Cornerstone Wealth Management Group is registered to service clients in the following states:

  • Tennessee

Disciplinary History

Cornerstone Wealth Management Group does not have any disclosures. Please visit it's Form ADV for more details.