Cornerstone Select Advisors, LLC
Registered investment adviser · St. Louis, MO · CRD #144044
Form ADV data as of 2026-09-01Regulatory assets
$315.3 million
Total accounts
790
Employees
4
Disclosure events
3
Firm details
- Website: https://www.csastl.com
- Telephone: 314-862-5155
- SEC file number: 801-113472
- Most recent Form ADV filing: 2026-04-02
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 3 disclosure questions answered Yes, covering 3 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator entered an order in connection with investment-related activity (past 10 years)
- Another regulator denied, suspended, or revoked a registration or restricted activity
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $209.0 million |
| Non-discretionary regulatory assets under management | $106.3 million |
| Total regulatory assets under management | $315.3 million |
| Discretionary accounts | 675 |
| Non-discretionary accounts | 115 |
| Total accounts | 790 |
| Regulatory assets under management attributable to non-U.S. persons | $0 |
People
| Total employees (excluding clerical) | 4 |
| Employees performing investment advisory functions (including research) | 4 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 4 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 1 |
| Firms or persons who solicit advisory clients on the firm's behalf | 1 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $14.8 million |
| Clients for whom the firm has custody | 32 |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 2 |
How the firm is compensated
Advisory services offered
Other business activities
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends brokers or dealers to clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 164 | $37.5 million |
| High net worth individuals | 40 | $96.7 million |
| Pension and profit sharing plans (not the participants or government plans) | Not reported | $1.2 million |
| Other investment advisers | 140 | $179.3 million |
| Corporations or other businesses not listed above | Not reported | $620,889 |