Cornerstone Wealth Advisors, Inc. fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 12, 2026. Fees can change, so confirm with the firm before you hire them.

Flat or project fee

$3,000⁠-⁠$40,000

“The first is an annual a fixed dollar amount, determined on a case-by-case basis and which increases annually, of $3,000 - $40,000 for the Retirement Planning and Advice portion.”

Quarterly fee

$1,250/qtr

“A minimum fee of $5,000.00 annually ($1,250.00 quarterly) to all clients; this can be assessed as a flat fee, based on income, or asset-based fee.”

Annual fee

$15,000/yr

“This retainer will not exceed $15,000.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Cornerstone Wealth Advisors, Inc. bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Our fees are billed quarterly in arrears and are calculated on a pro-rata annualized basis based on the average daily value of your portfolio throughout the quarter.”
• “Unless otherwise noted in writing, our firm bills on cash.”
• “In rare cases, we will agree to directly bill clients so that they may pay by check.”

How Cornerstone Wealth Advisors, Inc.’s fees compare

• Its flat or project fee of $3,000-$40,000 spans the Minnesota median of $5,250. 89% of the 108 other Minnesota planners that publish a flat or project fee charge less.
• 6 of the 6 other planners in Edina that publish a flat or project fee charge less.
• Its annual fee of $15,000 is above the Minnesota median of $8,050. 76% of the 49 other Minnesota planners that publish an annual fee charge less.
• 3 of the 5 other planners in Edina that publish an annual fee charge less.

About Cornerstone Wealth Advisors, Inc.

• Firm size: 8 employees.
• Registered as an adviser: 2003 (23 years).

Firm details from Form ADV

How the firm is paid

Fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

1% a year

Clients

336

Employees

8

Works with

Individuals, high net worth individuals, and charities

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, portfolio management for businesses and institutions, and pension consulting

Assets managed

$608,657,729

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

124947

Website

cornerstonewealthadvisors.com (opens in new tab)

Phone

(952) 920-3900

Can advise clients in 10 states: California, Colorado, Florida, Louisiana, Minnesota, New Mexico, Oregon, Texas, Virginia, Wisconsin

Other planners in Edina that publish fees

• Abens Financial Services IncEdina$250/hr, $5,000⁠-⁠$100,000/yr
• Acumen Financial Advisors, LLCEdina$500⁠-⁠$10,000/yr
• Cahill Financial Advisors, Inc.EdinaUp to $5,000
• Contego Capital Group, Inc.Edina$500⁠-⁠$5,000
• DSG Capital Advisors, LLCEdina$125⁠-⁠$475/hr
• Flourish Wealth Management Inc.Edina$150⁠-⁠$400/hr, $7,500⁠-⁠$30,000

Compare all 26 planners in Edina