# Cornerstone Wealth Management

Cornerstone Wealth Management is a Bank / Wealth / Trust based in Des Peres, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Des Peres, United States
- **Region:** North America
- **Address:** Westlake, OH, United States
- **Founded:** 1963
- **Assets under management:** Undisclosed
- **Website:** cornerstonewealthmgmt.com
- **LinkedIn:** https://www.linkedin.com/company/thecwmgroup

## Regulatory record

- **CRD number:** 164666
- **SEC file number:** 801-51066
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-05-04T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/164666

## About

Founded in 1963, Cornerstone Wealth Management predates the modern RIA movement by nearly two decades. The firm was established in Westlake, Ohio, a western suburb of Cleveland, and has maintained its base there throughout its history. The absence of a publicly named principal or founder in available records is consistent with a practice that has historically operated through professional networks rather than a marquee individual brand. The firm provides both discretionary and non-discretionary investment advisory services. Its SEC registration as an RIA confirms fiduciary status. There is no public evidence of proprietary fund vehicles, direct co-investment structures, or alternative-asset origination capabilities. The geographic footprint is focused on Northeast Ohio. Team size and total regulatory assets under management are not publicly disclosed. No adjacent vehicles — philanthropic entities, trust companies, or operating businesses — have been identified. Cornerstone's structural differentiator is its quiet longevity in a sector marked by consolidation. Sixty-plus years as an independent RIA in the Midwest is an outlier. Most firms of its vintage either sold to consolidators, merged into bank trust departments, or expanded into multi-city platforms. Cornerstone's continued operation as a single-office, independently owned practice implies a succession model — whether family, internal management buyout, or long-tenured partner continuity — that has not required external capital or a liquidity event.

## Questions

### What is Cornerstone Wealth Management's investment approach?

Based on its RIA registration and available descriptions, Cornerstone offers portfolio management and investment advisory services with both discretionary authority — where it directly manages client assets — and non-discretionary advisory relationships where it provides guidance without trading authority. This dual-approach is common among traditional independent RIAs serving a mix of fully delegated and self-directed clients.

## Related profiles

- [Cornerstone Wealth Advisors](https://altss.com/profile/cornerstone-wealth-advisors)
- [Cornerstone Wealth Planning](https://altss.com/profile/cornerstone-wealth-planning)

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Last updated: 2026-08-11T02:43:31.692Z

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