# Cornerstone Wealth Advisors, Inc.

> Cornerstone Wealth Advisors, Inc. is an SEC-registered investment advisory firm in Edina, MN, registered since 2003, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 11, 2026.

- CRD: 124947
- Filed as: CORNERSTONE WEALTH ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Edina, MN
- Filing period: October 2026
- Form ADV filing dated: June 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124947
- AdvisorCensus page: https://advisorcensus.com/firm/cornerstone-wealth-advisors-inc-edina-mn-124947

## Quick answers

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

**How much does Cornerstone Wealth Advisors, Inc. charge?**
Its Form ADV Part 2A brochure dated March 12, 2026 states: Subscription: up to $15,000 a year (financial planning, advice and investment management). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Cornerstone Wealth Advisors, Inc. located?**
Cornerstone Wealth Advisors, Inc.'s principal office is in Edina, MN, according to its Form ADV.

**Is Cornerstone Wealth Advisors, Inc. registered with the SEC or a state?**
Cornerstone Wealth Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 124947.

**How much does Cornerstone Wealth Advisors, Inc. manage?**
Cornerstone Wealth Advisors, Inc. reports $608,657,729 in regulatory assets under management in its Form ADV filing dated June 11, 2026 (97% discretionary).

**How have Cornerstone Wealth Advisors, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Cornerstone Wealth Advisors, Inc.: Regulatory assets under management: $373,054,055 in the October 2021 data and $608,657,729 in the October 2026 data, up 63%. Total employees: 6 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cornerstone Wealth Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (173); individuals (other than high net worth individuals) (163); charitable organizations (1).

**Which custodians does Cornerstone Wealth Advisors, Inc. use?**
Cornerstone Wealth Advisors, Inc.'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.

**Does Cornerstone Wealth Advisors, Inc. 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/124947

**Does Cornerstone Wealth Advisors, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated March 12, 2026 says: "There is no minimum asset level or account size to establish an advisory relationship"

**What changed in Cornerstone Wealth Advisors, Inc.'s recent Form ADV filings?**
In the July 2026 filing data: Registered or notice-filed in OR.

## 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 12, 2026)

- Account minimum: None

> There is no minimum asset level or account size to establish an advisory relationship

- Subscription: up to $15,000 a year (financial planning, advice and investment management)

> For clients under the age of forty (40), in lieu of an asset-based fee, we may charge an annual retainer fee not exceeding 1.00% of income billed quarterly in arrears. This retainer will not exceed $15,000.

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

### 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: $608,657,729
- Discretionary: $587,540,426
- Non-discretionary: $21,117,303

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 163 | $100,341,108 |
| High net worth individuals | 173 | $501,058,164 |
| Charitable organizations | 1 | $7,258,457 |

### 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
- Pension consulting services

### Firm details
- Registered since: 2003 (23 years)
- Employees: 8 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, LA, MN, NM, OR, TX, VA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- cornerstonewealthadvisors.com
- LinkedIn @andrea-eaton-cfp
- LinkedIn @jonathan-guyton-cfp
- LinkedIn @olivia-flynn-cfp
- LinkedIn @sarakantor

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $373,054,055 | 6 | March 29, 2021 |
| October 2022 | $454,741,261 | 4 | March 21, 2022 |
| October 2023 | $384,379,363 | 4 | February 24, 2023 |
| October 2024 | $445,409,622 | 9 | August 1, 2024 |
| October 2025 | $527,770,544 | 8 | March 12, 2025 |
| October 2026 | $608,657,729 | 8 | June 11, 2026 |

Regulatory assets under management: $373,054,055 in the October 2021 data and $608,657,729 in the October 2026 data, up 63%.
Total employees: 6 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Registered or notice-filed in OR.

### April 2026
- Regulatory assets under management went from $527,770,544 to $608,657,729 (+15%).
- Employees performing advisory functions went from 5 to 8.
- Registered or notice-filed in VA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cornerstone Wealth Advisors, Inc. (CRD 124947): Form ADV filing data as of October 2026.