Dagco, Inc. Dba Cornerstone Wealth Management (Westlake)

Dagco, Inc. Dba Cornerstone Wealth Management is a large advisory firm based in Westlake. It manages $86.72 million of regulatory assets for 414 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Ohio, and Texas.

Dagco, Inc. Dba Cornerstone Wealth Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dagco, Inc. Dba Cornerstone Wealth Management: assets under management

The assets under management (AUM) of Dagco, Inc. Dba Cornerstone Wealth Management is $86.72 million. The firm's AUM has grown by 121% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $86.24 million in discretionary accounts and $477.64 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $209.84 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $159.21 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dagco, Inc. Dba Cornerstone Wealth Management for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Dagco, Inc. Dba Cornerstone Wealth Management

David Alan Gomersall has been acting as President since 1 Dec 1995. Kaye Elizabeth O'boyle joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Alan Gomersall	President	1 Dec 1995	75% - 100%	4373347
Kaye Elizabeth O'boyle	Chief compliance officer	1 Jan 2005	Other	4946863

Based in Westlake

The principal office where Dagco, Inc. Dba Cornerstone Wealth Management performs its advisory services is located at 835 Sharon Drive, Westlake, OH 44145 7703, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.