Cornerstone Trust Management Services LLC (Trevose)


Cornerstone Trust Management Services LLC is a large advisory firm based in Trevose. It manages $786.13 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2014.

Cornerstone Trust Management Services provides investment advisory services to banking institution acting as trustee of cemetery and funeral home trusts. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cornerstone Trust Management Services: assets under management

The assets under management (AUM) of Cornerstone Trust Management Services LLC is $786.13 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cornerstone Trust Management Services LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Robert B Hellman serves?

The only and largest group of clients of Robert B Hellman is banking or thrift institutions with 1 clients and $786.13 million of assets under management. Among the 11 most similar advisory firms, Cornerstone Trust Management Services has the highest percentage of banking or thrift institutions out of all clients.

The amount of regulatory assets under management is $786.13 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Cornerstone Trust Management Services doesn't advise any private funds.

Careers at Cornerstone Trust Management Services LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Robert B Hellman has been acting as President since 1 Feb 2014. Allen Royal Freedman joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
L.L.C. Cemetery Management Services Sole member 1 Dec 2001 75% - 100% 26-0047038
Frank Milles Cco, ceo, president, treasurer 1 Feb 2014 Other 6331942
Robert B Hellman Director 1 Feb 2014 Other 6331943
Fenton Renwick Talbott Director 1 Feb 2014 Other 1460474
Austin Kyongwon So Chief compliance officer 1 Jun 2016 Other 6691460
Allen Royal Freedman Director 1 Jul 2016 Other 6692581
William Robert Shane Director 1 Jul 2016 Other 6692582

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Henlopen Memorial Park Subsidiary Llc Sole member 1 Sep 2004 75% - 100% 26-1618002
Cornerstone Family Services Of West Virginia Llc Sole shareholder 1 Sep 2004 Other 80-0112461
Stonemor Operating Llc Sole member 1 Sep 2004 Other 90-0182025
Stonemor Partners L.P. Sole member 1 Sep 2004 75% - 100% 80-0103159
Inc. Cornerstone Family Services Of West Virginia Subsidiary Sole member 1 Dec 2009 75% - 100% 20-1010994

Based in Trevose

The principal office where Cornerstone Trust Management Services LLC performs its advisory services is located at 3600 Horizon Boulevard, Trevose, PA 19053, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 215-826-2800 or by fax 215-434-7310. The normal business hours are 9:00 a.m. - 5:00 p.m eastern time zone on Monday - Friday.