Investment adviser · CRD 142359

CORNERSTONE ADVISORY

Investment adviser filing (IA)

CORNERSTONE ADVISORY, LLC

HUNT VALLEY, MD, United States · Form ADV filed Sep 1, 2026

Regulatory AUM
$2.25B
Form ADV · Item 5.F
Client accounts
3,135
Accounts, not individual clients
Employees
19
Reported in this filing
Advisory professionals
9
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
High-net-worth individuals452$1,854,939,56082.5%
Retirement plans24$165,285,5347.3%
Individuals356$160,580,4737.1%
Corporations & businesses21$36,739,0971.6%
Pooled investment vehicles1$30,427,3471.4%
CharitiesFewer than 5$1,034,7730.0%
Filing source

Form ADV 2129711 · Sep 1, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

1 Private fund

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

ALTERNATIVE MARKETS FUND, L.P.Hedge Fund · Last reported Sep 1, 2026$30.4MGross asset value
Fund administrator FLEMING FUND SERVICES BEL AIR, Maryland, United States Investor statements: Some (provided to some but not all investors) Related to adviser: No
Auditor SC&H HUNT VALLEY, Maryland, United States
Custodian MORGAN STANLEY SMITH BARNEY LLC PURCHASE, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

SC&H
PCAOB 2297

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

Fund details & source
Fund ID
805-5809878801
Reported beneficial owners
69
Minimum commitment
$500K

Form ADV 2129711 · Sep 1, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Sep 1, 2026. View historical filings

Reported services

Financial planning · Individual portfolio management · Pooled investment vehicle management · Pension consulting

Compensation

Percentage of assets · Hourly · Fixed

Principal office

211 OLD PADONIA ROAD
HUNT VALLEY, MD, 21030, United States

CRD 142359

Filing source

Form ADV 2129711 · Sep 1, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.