# Cornerstone Wealth Management

> Cornerstone Wealth Management is an SEC-registered investment advisory firm in Westlake, OH, registered since 1996, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 17, 2026.

- CRD: 106950
- Filed as: CORNERSTONE WEALTH MANAGEMENT
- Legal name: Dagco, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Westlake, OH
- Filing period: October 2026
- Form ADV filing dated: September 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106950
- AdvisorCensus page: https://advisorcensus.com/firm/cornerstone-wealth-management-westlake-oh-106950

## Quick answers

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

**Where is Cornerstone Wealth Management located?**
Cornerstone Wealth Management's principal office is in Westlake, OH, according to its Form ADV.

**Is Cornerstone Wealth Management registered with the SEC or a state?**
Cornerstone Wealth Management is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 106950.

**How much does Cornerstone Wealth Management manage?**
Cornerstone Wealth Management reports $628,669,491 in regulatory assets under management in its Form ADV filing dated September 17, 2026 (99% discretionary).

**How have Cornerstone Wealth Management's assets and staff changed since 2021?**
In the Form ADV data for Cornerstone Wealth Management: Regulatory assets under management: $284,148,251 in the October 2021 data and $628,669,491 in the October 2026 data, up 121%. 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 Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (272); high net worth individuals (104); corporations or other businesses not listed above (71).

**Which custodians does Cornerstone Wealth Management use?**
Cornerstone Wealth Management'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 Management 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/106950

**What changed in Cornerstone Wealth Management's recent Form ADV filings?**
In the October 2026 filing data: Registered or notice-filed in IL.

## From the Form ADV filing

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

### 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: $628,669,491
- Discretionary: $620,608,534
- Non-discretionary: $8,060,957

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 272 | $81,321,060 |
| High net worth individuals | 104 | $346,228,084 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 9 | $4,986,125 |
| Charitable organizations | 7 | $18,727,221 |
| Corporations or other businesses not listed above | 71 | $177,407,001 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1996 (30 years)
- Employees: 8 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, GA, IL, KY, LA, MI, NH, NJ, OH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- cornerstonewealthmgmt.com
- fee-onlyadvisor.com
- Facebook facebook.com
- LinkedIn @1209533

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $284,148,251 | 6 | February 26, 2021 |
| October 2022 | $352,887,541 | 7 | August 24, 2022 |
| October 2023 | $329,921,552 | 8 | April 11, 2023 |
| October 2024 | $420,993,061 | 8 | April 12, 2024 |
| October 2025 | $518,388,665 | 8 | April 3, 2025 |
| October 2026 | $628,669,491 | 8 | September 17, 2026 |

Regulatory assets under management: $284,148,251 in the October 2021 data and $628,669,491 in the October 2026 data, up 121%.
Total employees: 6 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Registered or notice-filed in IL.

### August 2026
- Registered or notice-filed in AZ.

### March 2026
- Regulatory assets under management went from $518,388,665 to $628,669,491 (+21%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cornerstone Wealth Management (CRD 106950): Form ADV filing data as of October 2026.