Financial Cornerstones, LLC

Financial Cornerstones, LLC, established in The Woodlands, TX, offers comprehensive portfolio management services to individuals, high net worth individuals, trusts, estates, charitable organizations, and various business entities. Acting as a fiduciary, the firm prioritizes clients' best interests, providing a service-oriented approach with open communication. The firm sponsors a wrap fee program, allowing clients to pay a single fee for advisory services and custodial transaction costs. Transaction fees are covered by the firm, incentivizing limited trading activities. Recommended custodian, Charles Schwab & Co., Inc., does not charge transaction fees for U.S. listed equities and ETFs. The firm's fee structure ranges from 0.45% to 1.25% based on assets under management or a flat annual fee of $6,250. Clients are encouraged to maintain a minimum account balance of $500,000 for portfolio management services. The firm's portfolio manager, Mark Lasseigne, conducts client meetings to understand financial goals, risk tolerance, and investment objectives. Investment strategies include fixed income, long-term purchases, and various methods of analysis such as charting, cyclical analysis, fundamental analysis, and quantitative analysis. Clients have the opportunity to place reasonable restrictions on their portfolios, with accounts reviewed annually. The firm does not accept proxy authority and does not pay referral fees. Financial Cornerstones, LLC does not have financial constraints impairing its obligations to clients and has no relationships with securities issuers.