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December 13, 2016

Cornerstone Advisors Asset Management, LLC Awarded Best Place to Work in Money Management

Cornerstone Advisors Asset Management, LLC is proud to be named a Best Place to Work in Money Management for 2016 by Pensions & Investments. The award comes from the Pensions & Investments’ fifth annual survey and recognition program, which is dedicated to identifying and recognizing the best employers in the money management industry.

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August 03, 2016

The DOL Fiduciary Rule Summary

The Employee Retirement Income Security Act of 1974 (ERISA) imposes high standards of conduct and responsibility on fiduciaries who manage retirement plan assets. Over the past several years, the Department of Labor (DOL) has revised and expanded these rules and released final regulations in early April.

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June 02, 2016

Cornerstone Advisors Asset Management, Inc., Ranked No. 8 in Barron’s 2016 Ranking of Best Institutional Consultants

Cornerstone Advisors Asset Management, Inc., a Bethlehem, Pa.-based investment consulting firm, has been ranked No. 8 in Barron’s 2016 ranking of the nation’s best institutional consultants and is the top-ranking independent firm on the list. Cornerstone has $4.1 billion in institutional assets under management.

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August 13, 2015

Cornerstone Ranked 38th in 2015 Financial Advisor Magazine National RIA Ranking

Cornerstone Advisors Asset Management, Inc., an independent financial advisory firm, was recently ranked No. 38 in Financial Advisor Magazine’s 2015 National RIA Ranking. The list ranked registered investment advisor (RIA) firms based on year-end assets under management (AUM) as reported on Form ADV.

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June 19, 2015

Cornerstone Named to 2015 Financial Times 300 Top Registered Investment Advisers List

Cornerstone Advisors Asset Management, Inc. is pleased to announce that it has been named to the 2015 Financial Times 300 Top Registered Investment Advisers list for the second consecutive year.

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May 27, 2015

Forbes Ranks Cornerstone as Top 100 Wealth Manager

Cornerstone Advisors Asset Management, Inc., a Registered Investment Advisor (RIA) firm in Bethlehem, PA was ranked #27 on the list of Forbes’ Top 100 Wealth Managers for 2015.

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August 12, 2014

Cornerstone Named to 2014 Financial Times 300 Top Registered Investment Advisers List

Cornerstone Advisors Asset Management, Inc. was recently named to the inaugural 2014 Financial Times 300 Top Registered Investment Advisers list. The FT 300 list aims to provide affluent and wealthy investors with a quantifiable and objective list of elite financial advisers.

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July 29, 2014

Cornerstone Sponsors Senior Scholarship at Annual SportsFest

For the seventh consecutive year, Cornerstone Advisors Asset Management, Inc. and Cornerstone Institutional Investors, Inc. presented a rising high school senior with a $1000 scholarship toward their post-secondary education.

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July 23, 2014

Cornerstone Earns Top Rankings for Assets Under Management

Cornerstone Advisors Asset Management, Inc. (CAAM) and Cornerstone Institutional Investors, Inc. (CII) have earned top rankings for assets under management in the Lehigh Valley.

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June 20, 2014

Christopher Lakatosh Named One of LVB's "Forty Under 40"

Christopher Lakatosh, Principal and Senior Consultant of Cornerstone Institutional Investors, Inc. was recognized in the 2014 Lehigh Valley Business “Forty Under 40” issue.

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March 20, 2014

Cornerstone CIO Kevin Karpuk Joins the Financial Management Committee.

Kevin Karpuk, Chief Investment Officer of Cornerstone Advisors Asset Management, Inc. recently joined the Financial Management Committee of the Pennsylvania Association of Mutual Insurance Companies (PAMIC).

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March 14, 2014

401(k) Plan Fees – One of the Least Important Factors in Preparing for Retirement

In May 2012, the Department of Labor released their final fee disclosure rules. These rules were designed to create greater transparency around the fees plan sponsors and participants are paying in retirement plans. They also exposed the multiple profit centers of providers who offer proprietary funds and quantified the financial impact these have on total plan costs. Since then, plan sponsors and participants have been inundated with disclosure documents and notices describing in great detail the fees in their 401(k) plans. Shows like Frontline and many other nightly news programs have warned consumers about the perils of paying plan fees. These charges have been made out to be the primary scapegoat for why people do not have enough money for retirement. What I can share with you, having worked with more than 175 plan sponsors over the last 25 years, is that plan fees are often the least important variable in determining retirement plan readiness.

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January 08, 2014

Cornerstone Hires Consultant Michael M. Straubel

Michael M. Straubel joined Cornerstone Advisors Asset Management, Inc. in October as a Consultant. His responsibilities include Strategic Planning and creating best-fit solutions for both individual and institutional clients.

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December 12, 2013

Cornerstone CEO Tom Scalici Named Executive of the Year by Lehigh Valley Business

Tom Scalici, CEO of Cornerstone Advisors Asset Management, Inc. and Cornerstone Institutional Investors, Inc. was recently named Executive of the Year by Lehigh Valley Business, the Greater Lehigh Valley's business news publication.

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October 23, 2013

Cornerstone Named Finalist in Two Categories for LVB Business of the Year 2013

Cornerstone has been recognized as a finalist by Lehigh Valley Business in two categories of the 2013 Business of the Year program. Cornerstone Advisors Asset Management, Inc. has been nominated to receive the Business of the Year award in the 1 to 50 employee division and Cornerstone Institutional Investors, Inc. CEO, Tom Scalici, has been nominated for Executive of the Year.

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July 31, 2013

Cornerstone Hires Senior Consultant Tyler J. Papaz

Tyler J. Papaz joined Cornerstone Advisors Asset Management, Inc. in June as a Senior Consultant. His responsibilities include leading new and existing clients to solutions that help them achieve their goals.

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July 31, 2013

Cornerstone CEO a Keynote Speaker for Pennsylvania Free Enterprise Week

Tom Scalici, Chief Executive Officer of Cornerstone Advisors Asset Management, Inc. was invited to be a Keynote Speaker at the 2013 Pennsylvania Free Enterprise Week (PFEW) held at Lycoming College in Williamsport, PA during the week of July 7-13.

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July 09, 2013

Chief Investment Officer Kevin Karpuk, CFA, Named One of LVB's "Forty Under 40"

Cornerstone Companies own Chief Investment Officer Kevin Karpuk, CFA, was recently recognized in the Lehigh Valley Business Journal's "Forty Under 40" issue for 2013.

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July 09, 2013

Cornerstone Op Ed Article Featured in Lehigh Valley Business

“Business leaders need to take a greater responsibility for employees’ 401(k) plans.” Read Cornerstone Advisor's Kevin Karpuk's article in this months Lehigh Valley Business to find out more about educating employees, negotiating fees, structuring asset allocations, and making sure accounts are managed according to appropriate risk tolerances.

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February 25, 2013

Cornerstone Advisors Ranked #93 on P&I’s Top 100 List

Cornerstone Advisors Asset Management, Inc. has been placed at #93 on Pension & Investments top 100 list for Consultants Ranked by Worldwide Institutional Advisory Assets. As of June 30, 2012, their assets totaled $3.3 billion.

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September 25, 2012

Ryan Wood and Trevor Reid Earn Chartered Financial Analyst® Designations

Cornerstone Advisors Asset Management, Inc., an investment advisory firm that specializes in consulting to successful institutions and high net worth individuals, announced today that Ryan Wood, CFA and Trevor Reid, CFA earned the Chartered Financial Analyst® designation from the CFA Institute.

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August 13, 2012

Cornerstone Listed 22nd in National RIA Ranking for 2012

Cornerstone Advisors Asset Management, Inc. ranked as the 22nd largest Registered Investment Advisor (RIA) in the nation according to the 2012 Financial Advisor Magazine RIA Ranking. This ranking is based on year-end assets under management as of December 31, 2011.

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June 04, 2012

Cornerstone President Elected to Gettysburg College’s Board of Trustees

Cornerstone Advisors Asset Management, Inc., an investment advisory firm that specializes in consulting to successful institutions and high net worth individuals, announced today that Malcolm L. "Skip" Cowen II, President of Cornerstone, was elected to Gettysburg College's Board of Trustees.

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March 09, 2012

Cornerstone Ranks as Top 100 Retirement Plan Adviser Team

Cornerstone Advisors Asset Management, Inc., an investment advisory firm that specializes in consulting to successful institutions and high net worth individuals, announced today that it was recognized as one of PLANADVISER's Top 100 Retirement Plan Adviser Teams.

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January 31, 2012

Cornerstone Employees Earn Highly Regarded Financial Designation

Cornerstone Institutional Investors, Inc., a Registered Investment Advisor firm that specializes in consulting to middle market institutions and high net worth individuals, announced today that Ryan Wood, Chris Lakatosh, Trevor Reid, and Sean Lyons have earned their Accredited Investment Fiduciary (AIF®) certification.

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October 01, 2011

Cornerstone CEO To Speak at National Retirement Advisory Conference

Tom Scalici, Chief Executive Officer of Cornerstone Institutional Investors, Inc., a Registered Investment Advisor firm that specializes in consulting to middle market institutions, will speak at the Center for Due Diligence Advisor Conference held in Chicago, IL October 17-19.

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September 09, 2011

Cornerstone Listed as 26th in the Nation in Year End Assets Ranking

Cornerstone Advisors Asset Management ranked 26th in the nation in the year end asset category of $1 billion and over according to a 2011 Financial Advisor Magazine (FA) RIA survey.

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