Cornerstone Capital Management Holdings LLC (New York)


Cornerstone Capital Management Holdings LLC is a large advisory firm based in New York. It manages $14 billion of regulatory assets for 59 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Illinois, Massachusetts, and 3 other states.

Cornerstone Capital Management Holdings provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. 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 Capital Management Holdings: assets under management

The assets under management (AUM) of Cornerstone Capital Management Holdings LLC is $14 billion. The firm's AUM has grown by 32% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $13.98 billion in discretionary accounts and $21 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $241.07 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $21 million.
Cornerstone Capital Management Holdings has custody of $105.95 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cornerstone Capital Management Holdings LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
New York Life Insurance Company Indirect interest holder 1 Sep 2008 75% - 100% 13-5582869

Based in New York

The principal office where Cornerstone Capital Management Holdings LLC performs its advisory services is located at 1180 Avenue Of The Americas, New York, NY 10036 8401, 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 212-938-6500 or by fax 212-938-8139. The normal business hours are 8:30 - 5:00 on Monday - Friday. You can find more information about the New York firm at cornerstonecapital.com.