DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Cornerstone Wealth Management

Independent wealth managerWestlake, OhioCRD 106950SEC 801-51066websiteIAPD
Legal name Dagco, Inc.
Latest filing Jul 7, 2026
First filing on the tape Nov 21, 2011 · 35 filings
SEC status approved since Feb 1, 1996
RAUM
$629M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
68%
$428M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$126M
derived; firm RAUM over IAPD count
Employees
8
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$629M as of Jul 7, 2026
Mar 14, 2012$93.5M then
HNW client RAUM$346M as of Jul 7, 2026
Mar 21, 2018$75.9M then
State-registered IARs (5.B.3)5 as of Jul 7, 2026
Mar 14, 20120 then
Employees (5.A)8 as of Jul 7, 2026
Mar 20, 20135 then
Private funds: no history
RAUM +21% over the last fiscal year+24% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Jul 7, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$126MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
75derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.3MderivedHNW RAUM over HNW clients
Average account
$535,950derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
3.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.0%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
yesreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$346M55%
  • Corporations and businesses$177M28%
  • Individuals$81.3M13%
  • Charitable organizations$18.7M3.0%
  • Pension and profit-sharing plans$5.0M0.8%
Individual clients
272reported
HNW clients
104reported
Pension plan clients
9reported
Charitable clients
7reported
Accounts
1,173reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.68 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Nick DionisosWestlake, OhApr 3, 200730 y0
Christina Kyrkos FanourakisCertified Financial PlannerWestlake, OhOct 28, 201510 y0
Michael Wayne KelleyCertified Financial PlannerWestlake, OhOct 1, 202012 y4
Nicholas Michael KaplanCertified Financial PlannerWestlake, OhJul 28, 202210 y1
Edmund Vincent MaloneWestlake, OhOct 26, 202214 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Nick Dionisos · President And Senior Investment Consultantcontrol
    since 06/1997 · owns 50% to 75%
  • Wayne Michael Kelley · Vice Presidentcontrol
    since 10/2020 · owns 25% to 50%
  • Vincent Edmund Malone · Chief Compliance Officercontrol
    since 12/2022 · owns less than 5%
  • Elizabeth Kaye O'Boyle · Secretarycontrol
    since 01/2005 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Westlake, Oh · principal500
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,049 to 1,173
    Apr 3, 2025 to Feb 11, 2026
  • HNW clients · 84 to 104
    Apr 3, 2025 to Feb 11, 2026
  • Individual clients · 264 to 272
    Apr 3, 2025 to Feb 11, 2026
  • Pension plan clients · 8 to 9
    Apr 3, 2025 to Feb 11, 2026
  • Discretionary RAUM · $511M to $621M
    Apr 3, 2025 to Feb 11, 2026
  • HNW RAUM · $248M to $346M
    Apr 3, 2025 to Feb 11, 2026
  • Individual RAUM · $70.8M to $81.3M
    Apr 3, 2025 to Feb 11, 2026
  • Non-discretionary RAUM · $6.9M to $8.1M
    Apr 3, 2025 to Feb 11, 2026
  • Pension RAUM · $6.7M to $5.0M
    Apr 3, 2025 to Feb 11, 2026
  • RAUM · $518M to $629M
    Apr 3, 2025 to Feb 11, 2026
  • Accounts · 1,044 to 1,049
    Jan 30, 2025 to Apr 3, 2025
  • Charity clients · 6 to 7
    Jan 30, 2025 to Apr 3, 2025
  • Corporate clients · 65 to 71
    Jan 30, 2025 to Apr 3, 2025
  • HNW clients · 105 to 84
    Jan 30, 2025 to Apr 3, 2025
  • Individual clients · 287 to 264
    Jan 30, 2025 to Apr 3, 2025
  • Financial planning clients · 251-500 to 251-500
    Jan 30, 2025 to Apr 3, 2025
  • Discretionary RAUM · $524M to $511M
    Jan 30, 2025 to Apr 3, 2025
  • HNW RAUM · $228M to $248M
    Jan 30, 2025 to Apr 3, 2025
  • Individual RAUM · $129M to $70.8M
    Jan 30, 2025 to Apr 3, 2025
  • Non-discretionary RAUM · $19.7M to $6.9M
    Jan 30, 2025 to Apr 3, 2025
  • Pension RAUM · $6.7M to $6.7M
    Jan 30, 2025 to Apr 3, 2025
  • RAUM · $544M to $518M
    Jan 30, 2025 to Apr 3, 2025
  • Accounts · 920 to 1,044
    Apr 12, 2024 to Jan 30, 2025
  • Advisory employees · 5 to 4
    Apr 12, 2024 to Jan 30, 2025
  • Corporate clients · 67 to 65
    Apr 12, 2024 to Jan 30, 2025
  • HNW clients · 62 to 105
    Apr 12, 2024 to Jan 30, 2025
  • Individual clients · 261 to 287
    Apr 12, 2024 to Jan 30, 2025
  • Discretionary RAUM · $417M to $524M
    Apr 12, 2024 to Jan 30, 2025
  • HNW RAUM · $193M to $228M
    Apr 12, 2024 to Jan 30, 2025
  • Individual RAUM · $75.6M to $129M
    Apr 12, 2024 to Jan 30, 2025
  • Non-discretionary RAUM · $3.7M to $19.7M
    Apr 12, 2024 to Jan 30, 2025
  • Pension RAUM · $5.6M to $6.7M
    Apr 12, 2024 to Jan 30, 2025
  • RAUM · $421M to $544M
    Apr 12, 2024 to Jan 30, 2025
  • Accounts · 829 to 920
    Apr 11, 2023 to Mar 22, 2024
  • Advisory employees · 4 to 5
    Apr 11, 2023 to Mar 22, 2024
  • Charity clients · 7 to 6
    Apr 11, 2023 to Mar 22, 2024
  • Corporate clients · 63 to 67
    Apr 11, 2023 to Mar 22, 2024
  • HNW clients · 57 to 62
    Apr 11, 2023 to Mar 22, 2024
  • Individual clients · 245 to 261
    Apr 11, 2023 to Mar 22, 2024
  • Pension plan clients · 10 to 8
    Apr 11, 2023 to Mar 22, 2024
Signals
6 dated events
  • Cornerstone Wealth Management reported RAUM $543.6M, up 29% from $421.0M (2024-04-12 to 2025-01-30)
    Jan 30, 2025 · RAUM change · derived
  • Brandon Tyler Davidson left Cornerstone Wealth Management for Johnson Investment Counsel, Inc. (registered 2024-10-11)
    Jun 24, 2024 · Advisor changed firm · fact
  • Vincent Edmund Malone (Chief Compliance Officer) appeared on Schedule A of Cornerstone Wealth Management
    Jan 26, 2023 · Control person joined · fact
  • Timothy Peter Marcinek left Cornerstone Wealth Management for Mclean Asset Management Corp. (registered 2022-05-03)
    Mar 17, 2022 · Advisor changed firm · fact
  • Richard Frank Kammer left Cornerstone Wealth Management for Pinnacle Advisors (registered 2023-01-03)
    Jan 28, 2022 · Advisor changed firm · fact
  • Wayne Michael Kelley (Vice President) appeared on Schedule A of Cornerstone Wealth Management
    Oct 1, 2020 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
440-899-4000reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/1209533/adminreportedpublic record, Form ADV, Sep 17, 2026
Website
cornerstonewealthmgmt.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
440-899-4000reportedpublic record, Form ADV, Jul 7, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$126Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026