Cornerstone Advisory—a wealth management firm located in Hunt Valley, Maryland with more than $1.2 billion in assets under management—is pleased to announce it has been named to the 2019 Financial Times 300 Top Registered Investment Advisers. The list recognizes top independent advisory firms from across the U.S.
“We are honored to be recognized by the Financial Times. I am so thankful for our loyal clients, who entrust us with their financial affairs, and for our talented team members, who provide exceptional advice and services. Cornerstone Advisory’s success is the result of these lasting relationships,” said Tom Biddison III, one of the three principals of Cornerstone Advisory.
This is the sixth annual FT 300 list, produced independently by the Financial Times in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on the asset management industry.
RIA firms applied for consideration, having met a minimum set of criteria. Applicants were then graded on six factors: assets under management (AUM); AUM growth rate; years in existence; advanced industry credentials of the firm’s advisers; online accessibility; and compliance records. There are no fees or other considerations required of RIAs that apply for the FT 300.
The final FT 300 represents an impressive cohort of elite RIA firms, as the “median” practice in this year’s list manages $1.7 billion in assets. The FT 300 Top RIAs hail from 37 states.
About Cornerstone Advisory
Cornerstone Advisory, founded in 2006, is an independent, registered investment advisory firm and fiduciary with more than $1.2 billion in assets under management as of June 27, 2019. Cornerstone advisors and staff act as advocates for their clients to build lasting relationships. The firm provides family office services for high net worth families, endowments, and companies. Through Cornerstone Advisory, clients access the same types of investments and portfolios which are typically only available to large institutions.
Disclosure: The Financial Times 300 Top Registered Investment Advisers is an independent listing produced annually by the Financial Times (June 2019). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT’s research. The listing reflected each practice’s performance in six primary areas: assets under management, asset growth, compliance record, years in existence, credentials and online accessibility. This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300. Working with a highly-rated Registered Investment Adviser does not ensure that a client or prospective client will experience a higher level of performance. These ratings should not be construed as an endorsement of the Registered Investment Adviser by any client, nor are they representative of any one client’s evaluation.