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The Cornerstone Group, LLC (Ocean Springs)


The Cornerstone Group, LLC is a large advisory firm based in Ocean Springs. It manages $26.79 million of regulatory assets for 183 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Mississippi.

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The Cornerstone Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Cornerstone Group: assets under management

The assets under management (AUM) of The Cornerstone Group, LLC is $26.79 million. The firm's AUM has gone down by -7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $26.04 million in discretionary accounts and $756.54 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $144.64 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $252.18 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Cornerstone Group, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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.

Based in Ocean Springs

The principal office where The Cornerstone Group, LLC performs its advisory services is located at 1001 Government Street, Ocean Springs, MS 39564, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 228-875-2001 or by fax 228-875-2678. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at www.lpl.com/cornerstone.group.


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