SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Cornerstone Select Advisors, LLC
St. Louis, MO
CRD 144044
Firm filing updated April 2, 2026 ·
- $315.3MAssets
- 4Advisory staff
- 790Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals164
- Other investment advisors140
- High net worth individuals40
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 164 | $37.5 million |
| High net worth individuals | 40 | $96.7 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $1.2 million |
| Other investment advisors | 140 | $179.3 million |
| Corporations or other businesses not listed above | Fewer than 5 clients | $620,889 |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Educational seminars/workshops
- Portfolio management for individuals and/or small businesses
- Educational seminars/workshops
Assets and accounts
- Regulatory assets$315.3 million
- Accounts790
- Discretionary$209.0 million · 675 accounts
- Non-discretionary$106.3 million · 115 accounts
People
- Employees4
- Advisory staff4
- Broker-dealer reps0
- Licensed insurance agents1
- Planning clients0
Registration details
- SEC-registered investment advisor. CRD 144044, SEC file 801-113472.
- Registered with the SEC as an investment advisor (status date on record: June 21, 2018).
Is Cornerstone Select Advisors, LLC a fiduciary?
Short answer: Cornerstone Select Advisors, LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
1 staff member is a licensed insurance agent and the firm is itself an insurance broker or agent.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.