Why should I consider using a Fee-Only, Registered Investment Advisor?
Fee-Only Registered Investment Advisors have a fiduciary responsibility to choose investments that are in your best interest.
Cornerstone Wealth Management is a Fee-Only Registered Investment Advisor. This means that neither the advisors nor the firm receive any commissions for the sale of any product based on the investment recommendations we make to you. We don’t accept compensation from any brokerage firm, mutual fund company, or insurance company. We’re only paid by you, through your standard asset management fee. This approach allows us to show our clients that we represent only them with no conflicts of interest.
Simply put, we believe that the greater an advisor’s dependence on commission income, the greater the conflict. In the end, that conflict can cost you both in out-of-pocket expenses and in the quality of advice you receive.