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Cornerstone Advisors LLC

Updated today

Client assets under management

$276,933,985

Clients

58

29% high-net-worth

Advisors

5

of 7 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

12

Very Low

Average account size

$4,774,724

About

Cornerstone Advisors LLC provides discretionary portfolio management, pension consulting, and financial planning to individuals (including high‑net‑worth clients), pension and profit‑sharing plans, and business entities. The firm, formed in January 2023 and owned by Cornerstone Financial Network, LLC, reports several hundred million dollars in assets under management while serving a relatively small number of client relationships.

Cornerstone documents client objectives in individualized Investment Policy Statements and combines multiple analytical methods—fundamental, quantitative, technical/charting, cyclical analysis, and modern portfolio theory—to implement tailored strategies. The firm uses both long‑ and short‑term trading and may employ margin, short sales, and options, typically operating with discretionary trading authority.

Operationally, Cornerstone requires clients to custody assets with specified custodians (including Schwab Institutional, Betterment Securities, Interactive Brokers, and Altruist) and discloses that it does not aggregate or block trades across multiple client accounts. The brochure also discloses that multiple supervised persons maintain insurance licenses and other outside business activities, which the firm acknowledges and monitors as potential conflicts of interest.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Options & derivatives strategies Annuities Tax-loss harvesting Wealth management

Occupation focus

Founder/Business Owner

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Fee options

Percentage

2.00%

Project-based

$150 to $250 per hour for financial planning services.

Other

Account minimum: No account minimum for any of CAL’s services

Main office location

Cornerstone Advisors LLC

4201 Shiloh Dr, Suite 1600

Fayetteville AR 72703, United States

Number of offices

2

Most active in

Arkansas · Georgia · Louisiana · Oklahoma · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Quick links

Advisors at this firm

user avatar

Lee S

ChFC®, Series 65, Series 66

Conway, AR

Cornerstone Advisors LLC

Lee Sanders is a financial advisor with Cornerstone Advisors LLC, holding the ChFC® designation along with Series 65 and Series 66 licenses. He has 17 years of industry experience, with prior roles at MassMutual Financial Group and Guardian Life Insurance Company. Outside of advising, he serves as Chief Revenue and Strategy Officer for a Texas-based green energy start-up. Cornerstone Advisors LLC provides discretionary portfolio management, pension consulting, and financial planning to individuals, pension plans, and business entities. The firm employs a variety of analytical methods to create tailored investment strategies and manages several hundred million dollars in assets across a limited number of client relationships.

Options & derivatives strategies Annuities Tax-loss harvesting Wealth management Founder/Business Owner
user avatar

John S

Series 65

Fayetteville, AR

Cornerstone Advisors LLC

John Savard is a financial advisor at Cornerstone Advisors LLC in Fayetteville, AR, holding a Series 65 designation with one year of industry experience. Prior to joining Cornerstone Advisors, he worked at DogWatch for eight years and Bank of Fayetteville for three years. Cornerstone Advisors LLC provides discretionary portfolio management, pension consulting, and financial planning services to individuals, pension and profit-sharing plans, and business entities. The firm employs a variety of analytical methods to create tailored investment strategies and manages several hundred million dollars in assets across a limited number of client relationships.

Options & derivatives strategies Annuities Tax-loss harvesting Wealth management Founder/Business Owner
user avatar

Bobby P

Series 63, Series 65

Fayetteville, AR

Cornerstone Advisors LLC

Bobby Parks is a financial advisor with Cornerstone Advisors LLC in Fayetteville, AR, holding Series 63 and Series 65 licenses and possessing 11 years of industry experience. His prior roles include positions at Mass Mutual Investors Services and MetLife. Outside of his advisory work, he is involved as a sales broker with Oklahoma Financial Network, LLC, focusing on various insurance products. Cornerstone Advisors LLC provides discretionary portfolio management, pension consulting, and financial planning to individuals, including high-net-worth clients, as well as pension and profit-sharing plans and business entities. The firm employs a range of analytical methods to develop tailored investment strategies and typically operates with discretionary trading authority.

Options & derivatives strategies Annuities Tax-loss harvesting Wealth management Founder/Business Owner
user avatar

Horace C

ChFC®, Series 63

Fayetteville, AR

Cornerstone Advisors LLC

Horace Cozart is a financial advisor at Cornerstone Advisors LLC with six years of industry experience. He holds the ChFC® designation and Series 63 license. Cozart has been associated with Cornerstone Financial since 2005 and joined Cornerstone Advisors LLC in 2025. He is also a licensed insurance agent. Cornerstone Advisors LLC provides discretionary portfolio management, pension consulting, and financial planning to individuals, pension and profit-sharing plans, and business entities. The firm employs a range of analytical methods to create tailored investment strategies and manages several hundred million dollars in assets across a focused client base.

Options & derivatives strategies Annuities Tax-loss harvesting Wealth management Founder/Business Owner
user avatar

Daniel C

ChFC®, Series 63

Fayetteville, AR

Cornerstone Advisors LLC

Daniel Cuningham is a financial advisor at Cornerstone Advisors LLC with eight years of industry experience. He holds the ChFC® and Series 63 designations. Prior to joining Cornerstone Advisors in 2026, he worked with several related firms including Cornerstone Fayetteville Advisors, Cornerstone Financial Network, and Mass Mutual Investors Services. Outside of his advisory role, he is the owner and broker of an insurance brokerage business, Oklahoma Financial Network LLC. Cornerstone Advisors LLC provides discretionary portfolio management, pension consulting, and financial planning services to individuals, pension and profit-sharing plans, and business entities. The firm employs a range of analytical methods and trading strategies to deliver tailored investment solutions and manages several hundred million dollars in assets for a limited number of client relationships.

Options & derivatives strategies Annuities Tax-loss harvesting Wealth management Founder/Business Owner
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