The following are links to recent media coverage on Cornerstone Advisors. Please note that the information contained should not be construed as a testimonial of any kind or indicative of any clients past or future investment experience with Cornerstone.
Links are being provided for informational purposes only. Cornerstone Advisors is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Cornerstone is not responsible for the content of any website or the collection or use of information regarding any website's use and/or members.
||Alaska Airlines Magazine – Sue Peterson, Managing Director and Client Manager, weighs in on strategic portfolio rebalancing
The stock market has been on a tear during the past five years. Since the Standard & Poor’s 500 Index fell to a low of 676 in March 2009 at the nadir of the Great Recession, the popular measurement of 500 large companies traded on the New York Stock Exchange and Nasdaq has risen nearly 200 percent, reaching an all-time high of 2,019 in September. However, with stock market volatility increasing and uncertainty growing about the health of the bull market, some investors are feeling a bit skittish these days.
The Points Living- Investing as a Trustee
Although you do not need to be a finance professional to serve as a trustee, you must have a solid understanding of basic investment principles so that you can exercise sound judgment in the organization’s investment decisions. Ultimate accountability for the organization’s investment program rests with the board.
In this article, you will find some important points to consider when becoming a trustee.
Northwest Prime Time - What to know before he goes: Preparing for widowhood
No one likes to think about the possibility of his or her spouse passing away. But whether we plan for it or not, statistics tell us most women will end up single at the end of their lives. In fact, women are four times more likely than men to be widowed, and widows typically survive their husbands by 14 years. Taking the time to get your affairs in order while both spouses are alive and well will go a long way toward creating security and confidence for the entire family.
Seattle Business - So you've been asked to join the board of a nonprofit. Here are some things you need to know.
Managing Director and Client Manager, Kerry Kozlowski, discusses guidelines for trustees seeking to evaluate or build the financial health of the organizations which they serve.
The Points Living - Leaving a Legacy
Each of us is creating a legacy, even if we are not doing so intentionally. A legacy reveals itself in many ways – in relationships, in kind deeds, helping our neighbors and the greater community, and in how we use our financial resources.
Puget Sound Business Journal - Wealth Management: Plan for a financial future without him
No one likes to think about the possibility of his or her spouse passing away. But whether we plan for it or not, statistics tell us most women will end up single at the end of their lives. In fact, women are four times more likely than men to be widowed, and widows typically survive their husbands by 14 years.
In this article, Sue Peterson, Client Manager and a Managing Director, explores how taking the time to get your affairs in order while both spouses are alive and well goes a long way toward creating security and confidence for the entire family.
The Points Living - Creating Your Wealth Management Roadmap
Dr. Lawrence J. Peter once famously said, “If you don’t know where you are going, you will probably end up somewhere else.”
He most likely wasn’t referring to planning your wealth and life goals, but his sentiment holds true. When you invest the time to assess and define your goals, and create a realistic plan for achieving them, you are far more likely to end up where you want to be.
Alaska Airlines Magazine – The Roth Difference
Cornerstone Advisors’ Managing Director and Client Manager, Dave Drews, discusses with M. Sharon Baker of Alaska Airlines Magazine, the intricacies of a traditional IRA versus a Roth.
The Points Living - Investing in Private Equity
Managing Director and Client Manager, Linda Olson, discusses the private equity market and how large risks can lead to the potential for even larger rewards.
LivFun - Time, Talent & Treasure
What picture springs to mind when you hear the word "giving"? Is giving a verb or an adjective? Do you think of a person you admire or an act of goodwill? Can you give without being a giver?
In this article Sue Peterson, a Managing Director and Client Manager at Cornerstone Advisors, explores what giving is.
The Points Living - Women, Wealth and Investing
It's a classic sitcom or comic strip scenario: a man and woman are driving along in a car, hopelessly lost. The woman suggests they ask someone for directions and the man (perhaps quite vocally) refuses. Hilarity ensues.
If only gender differences in approaches to financial management were as amusing in the real world.
Puget Sound Business Journal - Consumer Debt Can Become a Crushing Burden for Young Adults
Study hard, graduate college, get a job and enjoy your independence – this is the mantra many of us have heard and repeated for generations. But in today’s economy the mantra may be missing one important element – be smart and cautious about how you use debt on your road to future success.
The Points Living - A Well-Engineered Investment Portfolio
Linda Olson discusses how being deliberate in your design and careful in the construction of your portfolio, brings you safely to your ultimate financial destination.
The Wall Street Journal - From Random Acts to a Crafted Legacy
Sue Peterson, Managing Director and Client Manager, discusses helping her client to establish a clear philanthropic plan.
The Points Living - Creating Your Wealth Management Roadmap
Dr. Lawrence J. Peter once famously said, "If you don't know where you are going, you will probably end up somewhere else." He most likely wasn't referring to planning your wealth and life goals, but his sentiment holds true. When you invest the time to assess and define your goals, and create a realistic plan for achieving them, you are far more likely to end up where you want to be.
LivFun - Mother May I... In Reverse
Permission. Authorization. Consent. Each of these words implies that before taking action or making a decision, a higher power of some sort is involved and needs to be sought out and consulted. Sue Peterson, Managing Director and Client Manager at Cornerstone, discusses how having a conversation with your kids can help you go about spending "their inheritance" without the guilt.
LivFun - "Putting Your Regrets to Bed"
I could have. I used to. What if? How come? The London Olympics just ended, and I was struck by the bittersweet nature of the games, as some athletes met or exceeded their dreams and others saw them shattered on an international stage in front of a worldwide audience.
Seattle Business - Ken Hart, CEO of Cornerstone Advisors, on Preparing the Next Generation for Inheriting Wealth
If you ever want to make people uncomfortable, suggest they start talking finances with their family.
For a variety of reasons, many accomplished people view the idea of laying out their assets, investment strategies, expenses and priorities as something to be avoided. Unfortunately, not communicating with the next generation about wealth can lead to those hard-earned assets fading away.
LivFun - "Sweet Release: Understanding the high price of a debt held too long"
"You always." "You never." These two phrases come smothered in such hot sauce that they create a zing in the recipient. Contrast this with "I forgive you" - three little words that quench like a refreshing drink when you are truly parched. Such is the nature of words. They can evoke such a visceral response, and one that seems to live outside the normal space-time continuum.
Puget Sound Business Journal - Ken Hart, CEO of Cornerstone Advisors, on Low Interest Rates and Estate Planning
With interest rates at historic lows in the United States, there is much focus and debate on the formidable challenges facing today's investors. However, within this environment there is a less discussed, but very promising, opportunity for smart investors to efficiently and effectively transfer some of their wealth-building power to subsequent generations or to their communities through philanthropic giving.
Liv Fun - "Money Matters: Age with Grace Financially"
Seasons of life. Growth opportunities. Trials. Whatever one calls them, out of these experiences our character is formed. If we are so fortunate, we become acquainted with wisdom along the way. Since our world is desperately in need of wisdom, I want to encourage you to celebrate it — “to make it known publicly,” according to the dictionary. Celebrate wisdom you have earned and learned, and share those guiding principles with others.
Fiduciary News – “Will Broker Evolution Obviate the Fiduciary Standard Debate?”
Since the U.S. Court of Appeals rescinded the Merrill Rule in 2007, RIA/broker-dealer dual registration has become to de facto standard in the brokerage industry. But does it merely represent the final stages of a dying breed, long surpassed by a more agile business model? Ken Hart, CEO of Cornerstone Advisors, weighs in on the dual registration debate.
LivFun – “Money Matter$”
Money. Every generation needs it, earns it and spends it. But try to have an intergenerational discussion of financial management and it’s quickly evident that the key economic, political and social events of each age group have a strong impact on how they want to earn, spend and invest their money. In spite of these differences, helping your children and grandchildren to manage their finances may be easier than you think – if you can discover common ground.
||Cornerstone Advisors, Inc. Selects National Advisors Trust to Provide Trust Services
Cornerstone Advisors implements NATC’s Trust Representative Office program.
New private-labeled trust services brand formed, Cornerstone Advisors Trust Services
John Canorro, CFA Joins Cornerstone Advisors as Director, Operational Due Diligence
Cornerstone Advisors, a wealth and life building firm with almost $3 billion in assets under management, announced John Canorro has joined the firm as Director, Operational Due Diligence.
Cornerstone Advisors Promotes Dave Jackson, CPA, CFP® and CFA, to Wealth Planning Director
Cornerstone Advisors has announced Dave Jackson, CPA, CFP®, CFA, has been awarded new responsibilities as Director, Wealth Planning. He has been with Cornerstone since March 2012.
Linda Olson Joins Cornerstone Advisors as Client Manager
Cornerstone Advisors, a wealth and life building firm with more than $2.4 billion in assets under management, announced today that they have hired Linda Olson as a Client Manager. In Linda’s new role, she will focus on serving the needs of executives and wealthy families with complex financial needs. Linda brings to Cornerstone over 20 years of experience in the financial industry.
Anne Farrell Joins Cornerstone Advisors Board of Directors
Cornerstone Advisors, a wealth and life building firm with more than $2.4 billion in assets under management, today announced Anne Farrell has joined the firm’s Board of Directors. Ms. Farrell brings significant corporate and nonprofit board experience, with particular strength in board governance, strategic planning, and financial accountability.
Cornerstone Advisors Introduces RISE: Wealth Management Services
Cornerstone Advisors, a wealth and life building firm with more than $2 billion in assets under management, today announced the launch of RISE, the firm’s newly expanded wealth management services for tax-exempt organizations. As an extension of Cornerstone’s nearly three decades of work with ultra high net worth individuals and families, RISE unites the firm’s investment strategy expertise and insights into donor expectations to bring comprehensive services to private foundations, nonprofit organizations and endowments. Cornerstone has been serving foundation and nonprofit clients since 1993.