Articles

Department of Labor Fiduciary Standard Rule

Department of Labor Fiduciary Standard Rule Some of you may have heard the discussion on the news lately of the Department of Labor (DOL) Fiduciary Standard applicable to financial advisors.  We have been asked by clients recently if we are a fiduciary for them and we have been happy to say YES.  We thought we’d let you know what the discussion is generally about as well as why these developments are not likely to change the way we work [...]

Read more...

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 [...]

Read more...