Cornerstone Equity Advisors Inc (New York)

Cornerstone Equity Advisors Inc is a large advisory firm based in New York. It manages $35.06 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2001.

Cornerstone Equity Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cornerstone Equity Advisors: assets under management

The assets under management (AUM) of Cornerstone Equity Advisors Inc is $35.06 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $35.06 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.01 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cornerstone Equity Advisors Inc for their services and products based on a percentage of assets under management. 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 Cornerstone Equity Advisors Inc

James Arthur Dematteo has been acting as President since 1 Apr 1997. Brendan Edward Murray joined the executive team most recently as the Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Arthur Dematteo	President	1 Apr 1997	25% - 50%	1477795
Stephen Christopher Leslie	Ceo	1 Apr 1997	25% - 50%	1176526
David Schlang	Shareholder	1 Sep 1998	Other	2741083
Brendan Edward Murray	Compliance officer	1 Jan 2001	Other	1323638

Based in New York

The principal office where Cornerstone Equity Advisors Inc performs its advisory services is located at 67 Wall Street, 23 Rd Floor, New York, NY 10005, which is also the mailing address of the firm. The firm also has an office outside of the United States.