Author - cornerstonews

Short Term Excess Cash – Where do we park it?

Short Term Excess Cash – Where do we park it? Sometimes our clients come into excess cash. They sell an asset or a business. They receive an inheritance or gift. They receive a large bonus or award. And, though the client feels secure in the fact that Cornerstone is investing their other assets in a personalized and diversified portfolio, the client is reluctant to enter the market with the excess cash. Perhaps the market is volatile or perhaps the client...

LPL Financial Welcomes Washington-Based Wealth Advisor Matt Riesenweber

SAN DIEGO, Sept. 01, 2015 (GLOBE NEWSWIRE) -- LPL Financial LLC, the nation’s largest independent broker-dealer*, a custodian for registered investment advisors (RIAs), and a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today announced that wealth advisor Matt Riesenweber, CFP®, CMFC, has created a new firm, Cornerstone Wealth Strategies (Cornerstone). The firm has joined LPL’s broker-dealer platform and will provide fee-based advisory services through Financial Advocates Investment Management, an independent RIA on LPL’s hybrid RIA platform. Cornerstone...