Cornerstone Advisors Llc
- Regulatory AUM
- $7.2M
- Discretionary
- $2.2M
- Clients
- 71
- Avg AUM / client
- $101K
- Accounts
- 71
- Employees
- 6
AUM over time
Annual snapshots from Form ADV filings · as of Jul 29, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 71 | $7.2M | 100.0% |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Cozart, Donna, Frances | Member | Jan 2023 (4y) | ≈ 18.75% – 50% via Cornerstone Financial Network, Llc | |
| Nikifor Alexandrov Paunov | Chief Compliance Officer | Jan 2023 (4y) | Less than 5% | |
| Lee Sanders | Registered representative | Chartered Financial Consultant | Oct 2023 (3y) | |
| John Cameron Savard | Registered representative | Mar 2025 (1y) | ||
| Horace Michael Cozart | Registered representative | Chartered Financial Consultant | Dec 2025 (1y) | |
| Bobby Alvin Parks | Registered representative | Mar 2026 (0y) | ||
| Daniel Brian Cuningham | Registered representative | Chartered Financial Consultant | Mar 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Cornerstone Financial Network, Llc | Managing Member | Jan 2023 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Cozart, Donna, Frances: 25% – 50% of Cornerstone Financial Network, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/19/2026 | 988 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
Custody
Reported custodians
- Charles Schwab & Co. $7.2M (100% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 29, 2026.
View current Form ADV (SEC/IAPD) ↗