Legacy Cornerstone Wealth LLC

Legacy Cornerstone Wealth serves a range of individual and institutional clients — including individuals and high‑net‑worth households, trusts, estates, charitable organizations, pension and profit‑sharing plans, and corporations — and generally requires a minimum household size for new relationships. The firm provides discretionary portfolio management, financial planning (including multi‑meeting Monte Carlo retirement analyses), and retirement‑plan/pension consulting and fiduciary services.

The firm delivers investment management through an asset‑based, fee model and can implement advice using in‑house proprietary models, third‑party model managers on the SEI platform, or other sub‑advisers, and it exercises trading discretion when authorized by the client. Financial planning is offered via in‑depth interviews and written reports, accounts are reviewed at least annually (and more often when needed), and sub‑adviser performance and model allocations are regularly monitored.

Noteworthy distinctions in the brochure include a focused offering of ERISA and qualified‑plan services (non‑discretionary 3(21) advice, discretionary 3(38) implementation, IPS/model construction and plan‑sponsor consulting), and the principal’s licensed insurance activity with disclosure that insurance recommendations may generate commission compensation and that an affiliated entity previously received client payments (and is being dissolved). The brochure also discloses the firm’s mix of proprietary versus third‑party model strategies and related conflicts of interest, and indicates the use of third‑party ratings and client testimonials in its marketing materials.