# Cornerstone Alternatives

> Cornerstone Alternatives is an SEC-registered investment advisory firm, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 330043
- Filed as: CORNERSTONE ALTERNATIVES
- Legal name: Cornerstone Alternatives LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/330043
- AdvisorCensus page: https://advisorcensus.com/firm/cornerstone-alternatives-330043

## Quick answers

**How is Cornerstone Alternatives compensated?**
On its Form ADV (Item 5.E, October 2026), Cornerstone Alternatives reports these compensation arrangements: a percentage of assets under its management; hourly charges. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Cornerstone Alternatives registered with the SEC or a state?**
Cornerstone Alternatives is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 330043.

**How much does Cornerstone Alternatives manage?**
Cornerstone Alternatives reports $159,360,886 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (2% discretionary).

**How have Cornerstone Alternatives' assets and staff changed since 2024?**
In the Form ADV data for Cornerstone Alternatives: Regulatory assets under management: $103,332,733 in the October 2024 data and $159,360,886 in the October 2026 data, up 54%. Total employees: 2 in October 2024 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cornerstone Alternatives serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (410).

**Which custodians does Cornerstone Alternatives use?**
Cornerstone Alternatives' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Cornerstone Alternatives report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/330043

**What changed in Cornerstone Alternatives' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $181,359,121 to $159,360,886 (-12%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $159,360,886
- Discretionary: $3,444,353
- Non-discretionary: $155,916,533

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 410 | $159,360,886 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2024 (2 years)
- Employees: 6 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, IL, MA, MD, MI, NC, NH, NJ, NY, OR, PA, SC, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [cornerstonealternatives.com](https://cornerstonealternatives.com)
- [cornerstonealts.com/auth/sign-in](https://cornerstonealts.com/auth/sign-in)
- LinkedIn @cornerstone-alternatives

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $103,332,733 | 2 | June 25, 2024 |
| October 2025 | $181,359,121 | 3 | July 28, 2025 |
| October 2026 | $159,360,886 | 6 | March 30, 2026 |

Regulatory assets under management: $103,332,733 in the October 2024 data and $159,360,886 in the October 2026 data, up 54%.
Total employees: 2 in October 2024 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $181,359,121 to $159,360,886 (-12%).

### January 2026
- No longer registered or notice-filed in MN.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cornerstone Alternatives (CRD 330043): Form ADV filing data as of October 2026.