What We Do
Most advisors focus on one aspect of a client’s financial picture, such as investments or insurance. However, wealth management is a comprehensive approach to managing your net worth through the coordination of all aspects of your fiscal and legal responsibilities. Cornerstone Wealth Management combines the in-house experience of investment management, financial planning, and estate planning and tax planning with trusted third parties to provide services in all areas of wealth management.
Cornerstone Wealth Management’s financial planning services can help individuals identify the strengths and weaknesses of their current & future financial picture.
Our process begins with assisting the client in gathering all the necessary data regarding investment allocation, insurance coverages, savings rates, determination of current and future expenses, income sources, legal documents, and any other data that would impact their financial plan.
We analyze this data to develop a comprehensive plan that helps diagnose areas of need and develop appropriate timelines that move the client towards their financial goals. We will complete written recommendations for our client with specific details to implement the plan.
If our planning client decides to continue with Cornerstone as their trusted advisor, we will help execute the implementation of the financial plan. We will determine the appropriate asset allocation and make all investments on the client’s behalf. Additional assistance will be provided to help the client in the areas of estate planning, tax planning, and risk management.
Cornerstone will continue to monitor their plan and guide them through every phase of their life.
Cornerstone Wealth Management provides investment advisory services to individuals, businesses, trusts, and retirement plans. We manage assets and view our clients’ financial picture from a variety of different perspectives, including, but not limited to, investment performance, tax efficiency, and wealth preservation and transfer.
Client portfolios are constructed through the ongoing purchase and sale of individual stocks, mutual funds, exchange-traded funds, certificates of deposit, municipal and corporate debt securities, and U.S. government securities. We consider the individual needs of each client in making purchase and sale decisions within clients’ accounts and will make any necessary adjustments for the individual needs and circumstances of each account.
We use a combination of technical and fundamental methods to assess risks and opportunities in the securities markets. Fundamental data helps us identify companies, industries, and sectors with compelling financial characteristics. Technical data helps us identify securities with attractive supply and demand characteristics.
Investments and client accounts are reviewed regularly by our portfolio managers. We also provide our clients with regular updates on their investments, quarterly newsletters, and regular meetings with our advisory team.