Cornerstone Capital
Cornerstone Capital Wealth Management is an independent fiduciary advisory firm in Williamsville, NY, serving high-net-worth individuals, business owners, young professionals, and non-profits in Western New York through a proprietary PathStone Process and AUM-based fee model.
- Company typePrivate
- Founded-
- HeadquartersClarence Center, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Cornerstone Capital does
Cornerstone Capital Wealth Management is a private, independent fiduciary wealth management firm headquartered at 5635 Harris Hill Rd., Williamsville, NY, serving the Western New York region. The firm targets high-net-worth individuals and families with $1 million or more in investable assets, alongside business owners, young professionals/entrepreneurs/athletes, and non-profit organizations/endowments. Its core service is personalized, one-on-one financial planning delivered through a structured new client experience (FIT Meeting, Discovery Meeting, Implementation Meeting, Welcome Aboard, First Review, and ongoing Strategic/Tactical Meetings). Securities and advisory services are provided through affiliations with Kestra Investment Services, LLC and Kestra Advisory Services, LLC, under the broader Kestra Financial umbrella.
The firm's service suite spans Financial Planning, Investment Management, Insurance Planning, Estate Planning, and Charitable Giving for individual clients, plus business-focused modules (Succession Planning, Retirement Plan design including SEPs/SIMPLE IRAs/401(k)s/403(b)s/cash balance plans, Group Benefits, Key Employee Benefits, Tax Planning, Risk Management) and a non-profit module (investment policy statements, LOSAP administration). The central intellectual asset is the proprietary PathStone Process, a three-stage Discover-Design-Deploy wealth planning methodology with seven guiding principles, protected under common law trademark. Educational tools (financial calculators, animated videos, monthly newsletters, digital flipbooks) support client engagement and top-of-funnel marketing.
The business model is subscription-style recurring revenue: fees are a percentage of assets under management, billed annually, with no additional charges for personal meetings or telephone consultations. The firm is led by three named partners—Joseph M. Ervolina (Managing Partner), Robert C. Meissner III (Partner), and Dan Cavaretta (VP of Planning and Business Solutions)—with no public disclosure of total headcount, AUM, or revenue. No funding rounds, acquisitions, or institutional investment are indicated.
Cornerstone Capital firmographics
Firmographics- Name
- Cornerstone Capital
- Legal name
- Cornerstone Capital Wealth Management
- Website
- https://ccwealthmanagement.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Cornerstone Capital Wealth Management is an independent fiduciary advisory firm in Williamsville, NY, serving high-net-worth individuals, business owners, young professionals, and non-profits in Western New York through a proprietary PathStone Process and AUM-based fee model.
- Ownership category
- akta.pro rank
Cornerstone Capital industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Affluent/Premier Retail Banking (Mass Affluent) (FSABAAAG)
- akta.pro secondary industry
- Private Banking Business Owners & Entrepreneur Solutions (Liquidity Events, Pre-IPO) (FSABADAK)
Keywords
Where Cornerstone Capital is headquartered
LocationHeadquarters
- HQ city
- Clarence Center
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cornerstone Capital business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Assets Under Management (AUM) Fees: Fees are based on a percentage of assets under management, meaning advisors are compensated according to performance for clients. No extra service fees for personal meetings or telephone consultations. This is a recurring revenue model based on client portfolio values.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | AUM-based percentage fee structure with no additional service charges |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Cornerstone Capital product offering
Product offeringCore offering
Cornerstone Capital Wealth Management provides customized, fiduciary financial planning and investment management services to high-net-worth individuals, business owners, young professionals, and non-profit organizations. Services are delivered through the firm's proprietary PathStone Process, integrating wealth management with risk management, debt management, income and tax planning, and philanthropy. The firm charges asset-under-management-based fees with no additional charges for meetings or consultations.
Product overview
Cornerstone Capital Wealth Management offers a unified financial advisory platform anchored by its proprietary PathStone Process—a three-stage (Discover-Design-Deploy) wealth planning methodology. The core service suite includes Financial Planning and Investment Management as primary offerings, supplemented by Insurance Planning, Estate Planning, and Charitable Giving modules. For business clients, they provide specialized services including Succession Planning, Retirement Plans, Group Benefits, Key Employee Benefits, Tax Planning, Risk Management, and Business Consulting. Non-profit clients receive tailored investment management and LOSAP administration. The firm also provides client education tools including Financial Calculators, Educational Videos, Newsletters, and Flipbooks. Services are delivered through one-on-one advisory relationships, not software products.
Differentiator
Problem solved
Functional benefit
Products and services
- Financial Planning Full-service, team-based financial planning service that addresses all aspects of a client's financial future through collaboration with accountants, attorneys, insurance agents, and other professional organizations.
- Investment Management Personalized investment portfolio management tailored to individual financial security, risk tolerance, and educational approach, with ongoing monitoring and recommendations.
- Insurance Planning Proactive insurance planning service for future life events, protecting assets and loved ones through comprehensive insurance strategy analysis.
- Estate Planning Comprehensive estate planning service ensuring wealth preservation and smooth transfer of assets to beneficiaries while minimizing tax liabilities and fulfilling legacy goals.
- Charitable Giving Planning Strategic charitable giving coordination using Charitable Remainder Trusts (CRTs), donor-advised funds, and family foundations to maximize philanthropic impact and optimize tax advantages.
- Business Succession Planning Strategic preparation for business transition, including exit strategies, IPO planning, employee buyouts, and private equity engagement for business owners.
- Retirement Plan Services Diverse retirement plan design and administration including SEPs, SIMPLE IRAs, 401(k)s, 403(b)s, deferred compensation plans, and cash balance plans tailored to business needs.
- Group Benefits Employer-sponsored programs offering health, life, and other insurance coverage as part of employee compensation packages.
- Key Employee Benefits Strategies to reward and retain key employees through Non-Qualified Deferred Compensation, Long-Term Incentive Plans (LTIPs), Phantom Stock, Stock Appreciation Rights (SARs), and other Non-Qualified Stock Options.
- Tax Planning Tax planning opportunities identification and advisory for business owners in collaboration with CPAs, including tax strategy implementation for future planning.
- Business Risk Management Business risk assessment and insurance strategies to safeguard businesses from potential incidents, ensuring separation of business and personal assets.
- Business Consulting Comprehensive consulting services delivered through VAST (Value Added Service Team) partners including business coaching, business brokers, and investment banking professionals.
- Non-profit Investment Management Specialized financial planning for non-profits, endowments, and foundations ensuring sustainable growth and efficient fund management aligned with organizational mission.
- Investment Policy Statement Development Development and maintenance of tailored investment policy statements to guide non-profits in achieving financial objectives and ensuring prudent asset management.
- Length of Service Award Programs (LOSAP) Retirement plan administration for volunteer firefighters and emergency service personnel providing financial rewards based on length and level of service.
- PathStone Process Proprietary wealth planning methodology with three core phases (Discover, Design, Deploy) that integrates wealth management with risk management, debt management, income and tax planning, and philanthropy. Designed to continually adjust and monitor critical life and financial events.
Companies that use Cornerstone Capital
Customer profileSegments4 records
Ideal customer profiles4 records
Cornerstone Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Cornerstone Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- VAST Partners (Value Added Service Team)minorExternal professional network including business coaches, business brokers, and investment banking professionals engaged to provide comprehensive business consulting services for business owner clients.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Cornerstone Capital competitors and assessment
Company assessmentBroad incumbents
- Northwestern Mutual Wealth Management: National wealth management and insurance planning provider serving individuals and business owners with holistic financial planning. Comparable to Cornerstone in targeting business owners for succession planning, retirement plans, and integrated life insurance/wealth solutions.
- Edelman Financial Engines: One of the largest independent RIAs in the US serving mass-affluent and HNW clients with fee-only advice, financial planning, and investment management. Comparable as a large-scale fiduciary wealth advisory competitor with a broader national footprint than Cornerstone.
- Goldman Sachs Personal Financial Management: National wealth advisory arm of Goldman Sachs serving HNW and mass-affluent clients with holistic planning, investment management, and lending. Comparable in offering integrated wealth planning to affluent individuals, though much larger and backed by a major bank.
- Schwab Wealth Advisory: Charles Schwab's wealth advisory offering targeting investors with $500K+ including dedicated advisors and financial planning. Comparable to Cornerstone in serving affluent clients with personalized advice, though scaled via Schwab's custodial and technology platform.
Direct peers
- Ronald Blue Trust: Faith-based, fee-only RIA providing comprehensive financial planning, investment management, and estate/charitable planning to HNW clients. Comparable in offering integrated wealth planning with fiduciary, planning-led approach rather than transactional brokerage.
- Mariner Wealth Advisors: Independent RIA providing comprehensive wealth advisory, financial planning, estate planning, and tax services to HNW individuals and families. Closely comparable as a multi-partner, fee-based independent advisory firm with a similar integrated service offering.
- Baird Wealth Management: Employee-owned, fiduciary wealth management firm serving HNW individuals, families, and business owners with personalized planning and investment advice. Comparable in client focus, advisor-led model, and integrated business-owner services including retirement plans.
- Creative Planning: Large independent, fee-only RIA offering comprehensive financial planning, investment management, estate planning, and retirement plan services to HNW clients and business owners. Comparable in fiduciary model, integrated planning philosophy, and multi-segment approach.
- Sequoia Financial Group: Fee-only, fiduciary RIA delivering comprehensive wealth management, financial planning, and retirement plan services to HNW individuals, families, and business owners. Comparable in client mix, fiduciary model, and integrated personal-and-business planning approach.
Emerging players
- Facet Wealth: Tech-enabled, flat-fee financial planning firm serving HNW clients remotely with CFP-led advice. Comparable in offering fiduciary financial planning to affluent clients, but differentiated by virtual delivery and transparent flat fees versus Cornerstone's AUM model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Cornerstone Capital social profiles
Digital presenceCornerstone Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cornerstone Capital leadership team
Management profileNumber of profiles
Profiles3 records
Cornerstone Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cornerstone Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cornerstone Capital
What does Cornerstone Capital do?
Cornerstone Capital Wealth Management provides customized, fiduciary financial planning and investment management services to high-net-worth individuals, business owners, young professionals, and non-profit organizations. Services are delivered through the firm's proprietary PathStone Process, integrating wealth management with risk management, debt management, income and tax planning, and philanthropy. The firm charges asset-under-management-based fees with no additional charges for meetings or consultations.
Is Cornerstone Capital a public or private company?
Cornerstone Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Cornerstone Capital founded?
Cornerstone Capital was founded in -1. It employs 11 to 50 people.
Where is Cornerstone Capital based?
Cornerstone Capital is headquartered in Clarence Center, United States, in the North America region.
How does Cornerstone Capital make money?
One revenue line is on record: assets Under Management (AUM) Fees.
Who are Cornerstone Capital's main competitors?
Broad incumbents on record are Northwestern Mutual Wealth Management, Edelman Financial Engines, Goldman Sachs Personal Financial Management and Schwab Wealth Advisory. Direct peers are Ronald Blue Trust, Mariner Wealth Advisors, Baird Wealth Management, Creative Planning and Sequoia Financial Group. Facet Wealth is listed as an emerging player.
Does Cornerstone Capital have an API?
No public API is recorded for Cornerstone Capital.
What industry is Cornerstone Capital in?
Cornerstone Capital's product category is Wealth Management. Its primary akta.pro industry code is FSABAAAG, Affluent/Premier Retail Banking (Mass Affluent), with a secondary code of FSABADAK, Private Banking Business Owners & Entrepreneur Solutions (Liquidity Events, Pre-IPO). Its NAICS code is 523940 and its SIC code is 6282.