{
  "crd_number": 129246,
  "slug": "cornerstone-financial-group-llc-omaha-ne-129246",
  "primary_business_name": "CORNERSTONE FINANCIAL GROUP,LLC",
  "legal_name": "CORNERSTONE FINANCIAL GROUP,LLC",
  "dbas": [],
  "city": "Omaha",
  "state": "NE",
  "country": "United States",
  "cbsa_code": "36540",
  "metro": {
    "cbsa_code": "36540",
    "common_name": "Omaha",
    "msa_name": "Omaha, NE-IA",
    "path": "/advisors/ne/omaha"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-06-16",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-06-08",
  "carried_forward": false,
  "raum_total": 292238045.0,
  "raum_discretionary": 292238045.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 7,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 2307794.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 47299876.0,
      "count": 249
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 231958127.0,
      "count": 96
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 10672248.0,
      "count": 3,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "FL",
    "IA",
    "NE",
    "TX",
    "WA"
  ],
  "websites": [
    "https://cornerstonefinancialgroup.com",
    "https://linkedin.com/IN/DAVEHOPPEN",
    "https://linkedin.com/company/100480614",
    "https://linkedin.com/in/allison-cerven",
    "https://linkedin.com/in/reuben-brauer-cfp%C2%AE-5b18b520",
    "https://linkedin.com/in/spencer-schwarting-cfp%C2%AE-124732bb"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/129246",
  "city_as_filed": "OMAHA",
  "url": "https://advisorcensus.com/firm/cornerstone-financial-group-llc-omaha-ne-129246",
  "display_name": "Cornerstone Financial Group,llc",
  "summary": "Cornerstone Financial Group,llc is an SEC-registered investment advisory firm in Omaha, NE, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 8, 2026.",
  "citation": "AdvisorCensus. Cornerstone Financial Group,llc (CRD 129246): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Cornerstone Financial Group,llc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cornerstone Financial Group,llc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Cornerstone Financial Group,llc's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 states: Up to $1,000,000: 1% a year; $1,000,001 to $5,000,000: 0.8% a year; $5,000,001 to $10,000,000: 0.65% a year; $10,000,001 to $25,000,000: 0.5% a year; Above $25,000,001: 0.3% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Cornerstone Financial Group,llc located?",
      "a": "Cornerstone Financial Group,llc's principal office is in Omaha, NE, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Cornerstone Financial Group,llc registered with the SEC or a state?",
      "a": "Cornerstone Financial Group,llc is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 129246."
    },
    {
      "q": "How much does Cornerstone Financial Group,llc manage?",
      "a": "Cornerstone Financial Group,llc reports $292,238,045 in regulatory assets under management in its Form ADV filing dated June 8, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cornerstone Financial Group,llc's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Cornerstone Financial Group,llc: Regulatory assets under management: $247,020,527 in the October 2025 data and $292,238,045 in the October 2026 data, up 18%. Total employees: 6 in October 2025 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cornerstone Financial Group,llc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (249); high net worth individuals (96); corporations or other businesses not listed above (3)."
    },
    {
      "q": "Which custodians does Cornerstone Financial Group,llc use?",
      "a": "Cornerstone Financial Group,llc's 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."
    },
    {
      "q": "Does Cornerstone Financial Group,llc report any disciplinary disclosures?",
      "a": "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/129246"
    },
    {
      "q": "Does Cornerstone Financial Group,llc state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 says: \"There are no minimum investment amounts or conditions required for establishing an account managed by CFG. However, all clients are required to execute an agreement for services prior to commencing any work.\""
    },
    {
      "q": "What changed in Cornerstone Financial Group,llc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $247,020,527 to $292,238,045 (+18%). No longer lists an office in Englewood, CO."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 247020527.0,
      "total_employees": 6,
      "filing_date": "2025-06-16"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 292238045.0,
      "total_employees": 7,
      "filing_date": "2026-06-08"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $247,020,527 to $292,238,045 (+18%).",
        "No longer lists an office in Englewood, CO."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in CA, FL, IA, TX, WA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 25, 2026",
    "tiers": [
      {
        "band": "Up to $1,000,000",
        "rate": "1%"
      },
      {
        "band": "$1,000,001 to $5,000,000",
        "rate": "0.8%"
      },
      {
        "band": "$5,000,001 to $10,000,000",
        "rate": "0.65%"
      },
      {
        "band": "$10,000,001 to $25,000,000",
        "rate": "0.5%"
      },
      {
        "band": "Above $25,000,001",
        "rate": "0.3%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $1,000,000: 1% a year",
          "$1,000,001 to $5,000,000: 0.8% a year",
          "$5,000,001 to $10,000,000: 0.65% a year",
          "$10,000,001 to $25,000,000: 0.5% a year",
          "Above $25,000,001: 0.3% a year"
        ],
        "quotes": [
          "Annual Asset Management Services Fee Schedule\n\nAmount of Assets Under Management Annual Fee \nFirst $0 - $1,000,000 1.00% \nNext $1,000,001 - $5,000,000 0.80% \nNext $5,000,001 - $10,000,000 0.65% \nNext $10,000,001 - $25,000,000 0.50% \nAbove $25,000,000 0.30%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "There are no minimum investment amounts or conditions required for establishing an account managed by CFG. However, all clients are required to execute an agreement for services prior to commencing any work."
        ]
      }
    ],
    "quotes": [
      "Annual Asset Management Services Fee Schedule\n\nAmount of Assets Under Management Annual Fee \nFirst $0 - $1,000,000 1.00% \nNext $1,000,001 - $5,000,000 0.80% \nNext $5,000,001 - $10,000,000 0.65% \nNext $10,000,001 - $25,000,000 0.50% \nAbove $25,000,000 0.30%",
      "There are no minimum investment amounts or conditions required for establishing an account managed by CFG. However, all clients are required to execute an agreement for services prior to commencing any work."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/cornerstone-financial-group-llc-omaha-ne-129246.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 249,
      "fewer_than_5": false,
      "raum": 47299876.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 96,
      "fewer_than_5": false,
      "raum": 231958127.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 2307794.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 3,
      "fewer_than_5": true,
      "raum": 10672248.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/129246",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}