Mayfield Heights, OH Monarch Centre Office

Cornerstone Family Office serves a small roster of high‑net‑worth individuals and their related entities, including trusts, estates, charitable organizations, and business entities. The firm provides personalized financial counseling that includes tax preparation and planning, estate and charitable planning, investment reporting and coordination, and administrative services such as bill paying and cash management.

Cornerstone develops tailored financial plans based on client goals and family dynamics, issues documented action plans after meetings, and conducts at least annual reviews with ongoing monitoring of implementation. The firm does not manage client assets directly; instead it assists clients in selecting, overseeing, and reporting on third‑party investment managers and participates in manager interviews while clients retain final selection and custody.

Several of the firm’s principals are Certified Public Accountants, and Cornerstone reports that income, estate, and gift taxation consume a substantial portion of its advisory time, reflecting a tax‑focused practice. The firm is affiliated with other investment advisers and an accounting practice, discloses fee‑sharing arrangements with recommended managers, and generally does not employ percentage‑of‑assets fees or serve non‑high‑net‑worth individual clients.