What is your mission statement?
I manage assets for clients to meet defined client goals within the clients’ comfort level. I manage their accounts as I believe they would if they had the time, interest, expertise and experience. As a Christian, I am called to be a loving servant to my clients, maintaining a healthy work ethic and a high standard of ethics.
What types of accounts do you handle?
I handle a wide range of investments and types of accounts. These include IRA, 529, SEP, SIMPLE, 401k, pensions, cash balance plans, trusts of various kinds, annuities, even participant accounts in their retirement plan at work.
Do you set up and manage 401k and other types of retirement plans for employers?
Absolutely! For 401(k) see 401k Plans. For other plans, call me.
What is your investment process?
See How I Work with Clients. For more detail, call or email me.
What is your minimum account size?
I have no minimum account size. For clients starting after May 1, 2011 there is a minimum quarterly fee of $500. Clients generally fall between $250,000 and $6,000,000 in investable assets.
How much does it cost to have you manage my investments?
See the Fee Schedule on this site. Management fees start at 1.25% annually with breakpoints at $500,000 and above. For one-time consulting projects I charge $150/hour.
Do you do financial planning?
I do financial planning for clients with a team approach. My fees are included in the quarterly management fee. I believe strongly in the team approach – investment advisor, CPA, attorney and insurance agent, each practicing their specialty. I don’t think one advisor does well trying to be all things to all people.
How are you regulated?
The firm is regulated by the states in which it has clients. Cornerstone Investment Services, is located in NC and registered as an investment advisor with the Office of the Secretary of State of North Carolina and as well as South Carolina and Colorado. I have clients in other states as well that don’t require separate registration for the number of clients I have there.