Cornerstone Investment Group

What Cornerstone Investment Group does

Cornerstone Investment Group is an independent financial advisory firm founded in 2009 by Ronnie Spence in Pikeville, Kentucky. The firm provides comprehensive financial planning services to individuals, families, business owners, and high-net-worth households, organized around three core practice areas: Personal Financial Planning, Business Financial Planning, and Multi-generational Financial Planning. Service offerings include investment management, retirement planning, estate planning, insurance planning, tax-sensitive planning, and asset allocation, supplemented by client-facing financial calculators hosted on the firm's website.

The firm operates with a small team (1-10 employees) led by founder and lead Financial Advisor Ronnie Spence, supported by Directors of Client Services (Michelle Hampton and Alora Adkins). It delivers securities and investment products through affiliations with independent broker/dealers Royal Alliance Associates, Inc. and Osaic Wealth, Inc. (member FINRA/SIPC), and maintains a professional referral network with CPAs, attorneys, and other specialists to support cross-disciplinary planning work. The firm is licensed to serve individual residents in seven U.S. states: Kentucky, Ohio, West Virginia, Florida, Maryland, Pennsylvania, and Louisiana.

The business model is relationship-driven and sales-led, generating revenue through advisory fees on financial planning and wealth management services on a recurring basis. Pricing is quote-based and tailored to individual client needs, with no publicly disclosed fee schedules. The firm relies on personal referrals, community relationships, and its professional network as primary client acquisition channels, with a supporting digital presence through its website, Twitter, and Facebook. No proprietary technology platform, AI capabilities, funding rounds, or M&A activity are disclosed.

Name

Cornerstone Investment Group

Legal name

Cornerstone Investment Group

Website

https://cornerstoneinv.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Cornerstone Investment Group is an independent financial advisory firm in Pikeville, KY providing comprehensive financial planning, investment management, retirement, and estate planning services to individuals, families, business owners, and high-net-worth clients across seven U.S. states.

Ownership category

akta.pro rank

Headquarters

HQ city

Pikeville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Financial Advisory Services: Revenue generated from comprehensive financial planning and wealth management services, including investment management, retirement planning, estate planning, and insurance planning. Services are provided through affiliations with independent broker/dealers (Royal Alliance Associates, Inc., Osaic Wealth, Inc.).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Cornerstone Investment Group is an independent financial advisory firm offering comprehensive financial planning services to individuals, families, and business owners. Its core offerings span three practice areas: personal financial planning (investment and retirement planning), business financial planning (employee benefits, succession planning, buy-sell agreements), and multi-generational financial planning (estate planning, charitable giving, wealth transfer). Securities are offered through broker/dealer affiliates Royal Alliance Associates, Inc. and Osaic Wealth, Inc.

Product overview

Cornerstone Investment Group offers a unified suite of financial advisory services centered around three core planning disciplines: Personal Financial Planning for individuals, Business Financial Planning for entrepreneurs and business owners, and Multi-generational Financial Planning for high-net-worth families. The firm supplements these advisory services with Financial Calculators as a client-facing tool. All services are delivered through their team of financial advisors and emphasize personalized, relationship-based wealth management rather than a technology platform architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Financial Planning A client-focused process tailored to help individuals develop financial goals, build a financial road map, and implement the financial tools and strategies required for wealth management. Intended for individual clients seeking investment, retirement, and estate planning guidance.
• Business Financial Planning A personalized approach for business owners focused on developing objectives, strategies, and tactics to pursue long-term financial results, including employee group benefits, executive compensation planning, retirement plan services, buy-sell agreements, and business succession planning.
• Multi-generational Financial Planning A visionary approach designed to support the accumulation, conservation, utilization, and transfer of family wealth for higher-net-worth clients, including estate planning coordination, business succession consulting, advanced tax advising, and charitable giving.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and supporting.

• Osaic Wealth, Inc.coreChannel Partner/ Reseller/ DistributorSecurities offered through Osaic Wealth, Inc., a member of FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. This is the primary broker/dealer affiliation through which Cornerstone Investment Group offers securities and investment products.
• Royal Alliance Associates, Inc.coreChannel Partner/ Reseller/ DistributorRonnie Spence provides comprehensive financial guidance through his affiliation with Royal Alliance Associates, Inc., an independent broker/dealer platform for financial advisors.
• CPAs, Attorneys, and Other Professionals NetworksupportingStrategic or Co-development PartnerCornerstone has established connections with CPAs, attorneys, and other professionals dedicated to working as a team to meet all aspects of clients' financial planning needs. This professional network supports comprehensive financial planning services.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Waddell & Reed Financial: Financial advisory firm offering financial planning, investment management, and insurance products to individuals and families through a network of financial advisors — directly comparable in product mix and channel.
• LPL Financial: Largest independent broker-dealer in the U.S., hosting thousands of independent advisors who offer retail financial planning through affiliated RIA platforms — directly comparable to Cornerstone's Royal Alliance / Osaic Wealth distribution model.
• Cambridge Investment Research: Independent broker-dealer supporting RIAs and financial advisors in retail wealth management. Comparable as an infrastructure peer for independent practices of Cornerstone's size and go-to-market.
• Carson Group: Independent advisor platform supporting financial advisors delivering comprehensive wealth management and financial planning to individuals and business owners — same partnership/B-D affiliation model as Cornerstone.
• Cetera Financial Group: Independent broker-dealer network supporting thousands of financial advisors delivering personal financial planning, retirement, and wealth management services to individuals and small-business clients.
• Edward Jones: National financial advisory firm built around a local-branch, relationship-based advisor model serving individuals and small-business clients. Edward Jones is the closest scaled analog to Cornerstone's community-anchored, single-advisor financial planning approach.
• Creative Planning: Large independent RIA offering comprehensive financial planning, investment management, estate, and tax planning to individuals and HNW families. Demonstrates the scaling potential of Cornerstone's service model.

Broad incumbents

• Northwestern Mutual: Large mutual financial services firm offering financial planning, investment, and insurance solutions through a captive advisor network serving individuals, families, and business owners across multiple states.
• Ameriprise Financial: Large diversified financial services firm with a significant franchise of independent financial advisors offering comprehensive financial planning, retirement, and investment management — overlaps Cornerstone's full-service planning offering at much greater scale.
• Raymond James Financial: Diversified financial services firm with a large independent advisor channel providing wealth management, retirement planning, and estate services to individuals and business owners across multiple states.

Market position

Strengths4 records

Weaknesses2 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/CornerstoneIG
• Facebookfacebook.com/CornerstoneInvGroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cornerstone Investment Group