Data / Investment advisers / Minnesota / Cornerstone Wealth Advisors, Inc.
Cornerstone Wealth Advisors, Inc., Edina, MN: $609 million AUM, SEC registered investment adviser
Updated November 7, 2026. Source: the SEC's Form ADV data files for investment advisers.
Cornerstone Wealth Advisors, Inc. is an SEC registered investment adviser with its main office in Edina, Minnesota and reports $609 million in regulatory assets under management in its Form ADV filed June 11, 2026. Its clients include high net worth individuals, individuals and charitable organizations. It is paid through a percentage of assets under management and fixed fees.
The request: Watch Cornerstone Wealth Advisors, Inc. (CRD number 124947): each new Form ADV amendment, with AUM, clients and private funds. $10 of work on sign-up, no card.
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- Registration
- SEC registered investment adviser
- CRD number
- 124947
- SEC file number
- 801-61799
- SEC status
- Approved, effective February 20, 2003
- Main office
- 3300 Edinborough Way Suite 450, Edina, MN 55435
- Phone
- (952) 920-3900
- Website
- cornerstonewealthadvisors.com
- Regulatory AUM
- $608,657,729 in the Form ADV filed June 11, 2026
- Discretionary AUM
- $587,540,426
- Non discretionary AUM
- $21,117,303
- Accounts
- 1,479
- Employees
- 8, of which 8 give investment advice
- Form of organization
- Corporation
- Paid through
- a percentage of assets under management, fixed fees
- Form ADV Item 11 disclosures
- None reported
- Latest Form ADV filing
- June 11, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| High net worth individuals | 173 | $501.1 million |
| Individuals (other than high net worth individuals) | 163 | $100.3 million |
| Charitable organizations | 1 | $7.3 million |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| April 1, 2026 | $608.7 million | March 12, 2026 |
| December 1, 2025 | $527.8 million | March 12, 2025 |
Other advisers in Edina
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| Silveroak Wealth Management LLC | Edina | $2.00 billion | Not listed | adviserinfo.sec.gov |
| Cahill Financial Advisors, Inc. | Edina | $1.77 billion | Not listed | adviserinfo.sec.gov |
| O'Brien-Staley Partners | Edina | $1.43 billion | 6 | adviserinfo.sec.gov |
| First Light Asset Management, LLC | Edina | $1.41 billion | 3 | adviserinfo.sec.gov |
| DSG Capital Advisors, LLC | Edina | $780.3 million | Not listed | adviserinfo.sec.gov |
| Stiles Financial Services, Inc. | Edina | $548.7 million | Not listed | adviserinfo.sec.gov |
| Acumen Financial Advisors, LLC | Edina | $465.2 million | Not listed | adviserinfo.sec.gov |
| Flourish Wealth Management Inc. | Edina | $455.2 million | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in Edina, MN
- Investment advisers in Minnesota
- Advisers with $500 million to $1 billion in AUM
- Advisers serving high net worth individuals
- Advisers serving individuals
- Cornerstone Wealth Advisors, Inc. on the SEC's adviser search
Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.