# Cornerstone Financial Management LLC

> Cornerstone Financial Management LLC is an SEC-registered investment advisory firm in Burlington, MA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 140967
- Filed as: CORNERSTONE FINANCIAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Burlington, MA
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/140967
- AdvisorCensus page: https://advisorcensus.com/firm/cornerstone-financial-management-llc-burlington-ma-140967

## Quick answers

**How is Cornerstone Financial Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Cornerstone Financial Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Cornerstone Financial Management LLC charge?**
Its Form ADV Part 2A brochure dated March 26, 2026 states: Flat fee: up to $10,000 (Project-Based Financial Planning). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Cornerstone Financial Management LLC located?**
Cornerstone Financial Management LLC's principal office is in Burlington, MA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Cornerstone Financial Management LLC registered with the SEC or a state?**
Cornerstone Financial Management LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 140967.

**How much does Cornerstone Financial Management LLC manage?**
Cornerstone Financial Management LLC reports $166,991,911 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (99% discretionary).

**How have Cornerstone Financial Management LLC's assets and staff changed since 2024?**
In the Form ADV data for Cornerstone Financial Management LLC: Regulatory assets under management: $113,877,241 in the October 2024 data and $166,991,911 in the October 2026 data, up 47%. Total employees: 3 in October 2024 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cornerstone Financial Management LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (52); high net worth individuals (49); charitable organizations (7).

**Which custodians does Cornerstone Financial Management LLC use?**
Cornerstone Financial Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Cornerstone Financial Management LLC 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/140967

**Does Cornerstone Financial Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 26, 2026 says: "We do not have a minimum account size requirement, however, see Item 5 for our minimum fee."

**What changed in Cornerstone Financial Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $135,213,590 to $166,991,911 (+24%). Added an office in Newport, RI.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 26, 2026)

- Account minimum: None

> We do not have a minimum account size requirement, however, see Item 5 for our minimum fee.

- Flat fee: up to $10,000 (Project-Based Financial Planning)

> Clients receiving Project-Based Financial Planning will be charged either a fixed or hourly fee. Our fixed fee rate ranges up to $10,000 and our hourly rate ranges up to $400.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

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: $166,991,911
- Discretionary: $165,331,270
- Non-discretionary: $1,660,641

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 52 | $25,660,662 |
| High net worth individuals | 49 | $139,903,135 |
| Charitable organizations | 7 | $1,428,114 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2024 (2 years)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, MA, NH, RI, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Newport, RI
- Providence, RI

### Websites listed on Form ADV (Item 1.I)
- cornerstonefm.com
- Facebook @CornerstoneFinancialManagement
- LinkedIn @cornerstonefm
- YouTube @cornerstonefinancialmanage3976

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $113,877,241 | 3 | March 29, 2024 |
| October 2025 | $135,213,590 | 4 | March 12, 2025 |
| October 2026 | $166,991,911 | 7 | March 26, 2026 |

Regulatory assets under management: $113,877,241 in the October 2024 data and $166,991,911 in the October 2026 data, up 47%.
Total employees: 3 in October 2024 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $135,213,590 to $166,991,911 (+24%).
- Added an office in Newport, RI.

### November 2025
- Added an office in Providence, RI.
- No longer lists an office in North Kingstown, RI.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cornerstone Financial Management LLC (CRD 140967): Form ADV filing data as of October 2026.