Business Details
19 Years
experience
Your Trusted Partner for Financial Advisory Solutions
Cornerstone Advisory is a private wealth management firm dedicated to helping clients achieve financial independence and build meaningful legacies. With a client-centered approach, we combine over $2 billion in assets under management and 190 years of collective advisor experience to deliver customized financial solutions. Our team of fiduciaries specializes in wealth forecasting, diversified portfolio creation, and access to institutional-grade investments typically unavailable to individual investors. We prioritize long-term relationship-building, transparent communication, and advocacy through vetted professional networks.Our commitment extends beyond finance through the Cornerstone Foundation, which supports local communities and charitable causes. By integrating advanced technology with personalized service, we provide comprehensive family office solutions, retirement planning, and socially responsible investing options. Our advisors work closely with high-net-worth individuals, families, and business owners to navigate complex financial landscapes while maintaining strict adherence to ethical standards and regulatory compliance.
Services
Wealth Management
Financial Planning
Investment Management
Socially Responsible Investing
Family Office Services
Details
- Year established: 2007
Highlights and features
- We manage over $2 billion in assets with 190+ years of combined advisor experience
- We provide institutional investment access typically reserved for large endowments
- Our fiduciary advisors legally prioritize client interests above all else
- We offer comprehensive family office services with personalized financial planning
- Our socially responsible investing options align portfolios with client values
Services
Wealth Management
Our wealth management services combine personalized financial planning with diversified portfolio strategies. We work with high-net-worth individuals to create customized investment solutions that align with their specific goals and risk tolerance. By utilizing advanced wealth forecasting tools and institutional-grade investment options, we help clients preserve and grow their assets while preparing for intergenerational wealth transfer.
Financial Planning
We provide comprehensive financial planning that addresses all aspects of personal wealth. Our fiduciary advisors analyze clients' complete financial situations to develop tailored strategies covering retirement income, tax optimization, estate planning, and risk management. We integrate traditional financial planning with access to alternative investments and specialized services for business owners and multi-generational families.
Investment Management
Our investment management approach combines traditional and alternative assets to create diversified portfolios. We offer access to private equity, hedge funds, and structured notes typically available only to institutional investors. Our team continuously monitors market conditions and proactively adjusts portfolios while maintaining strict risk management protocols to protect client capital.
Socially Responsible Investing
We help clients align their investment portfolios with their personal values through customized ESG (Environmental, Social, Governance) strategies. Our approach goes beyond simple exclusionary screening to create portfolios that actively support sustainable initiatives while maintaining competitive financial returns through diversified alternative investment options.
Family Office Services
Our family office services provide comprehensive financial solutions for multi-generational wealth management. We offer consolidated reporting, tax coordination, and legacy planning through a client portal with sophisticated forecasting tools. Our team handles complex financial matters including concentrated stock management, charitable giving strategies, and intergenerational wealth transfer planning.
People
Tom Biddison
Managing Partner
Tom Biddison co-founded Cornerstone Advisory in 2007 with over 25 years of financial services experience. He specializes in fiduciary wealth management and structured note creation, working with high-net-worth families and institutional clients. Tom holds degrees from University of Virginia and University of Baltimore, and actively supports local healthcare and diabetes research charities.
Don Huber
Managing Partner
Don Huber brings extensive experience in real estate and multi-generational wealth planning to his role as Managing Partner. With a background at AXA Equitable, he focuses on comprehensive financial management for executives and entrepreneurs. Don holds a BA from Radford University and serves on multiple nonprofit boards while managing the firm's real estate holdings.
Jessica Favret
Private Wealth Associate
Jessica Favret serves as Private Wealth Associate and Director of Communications with 14 years of nonprofit sector experience. She specializes in client communications and technology implementation, holding a BS from Towson University. Jessica manages client reporting systems and coordinates the firm's digital communication strategies to enhance client experience.
Jim Foxen
Private Wealth Advisor
Jim Foxen has over 15 years of experience in financial products distribution, working with entrepreneurs and retirees on income strategies. He specializes in structured products and mutual funds, holding a finance degree from Northern Illinois University. Jim focuses on creating personalized investment solutions that align with client retirement goals.
Mike Gill
Private Wealth Advisor
Mike Gill joined Cornerstone in 2013 after working at Bessemer Trust, bringing expertise in business development and client relationship management. He holds degrees from Clemson University and University of Maryland, and serves on multiple community boards while managing investment portfolios for high-net-worth clients.
Questions
What makes Cornerstone Advisory different from other financial firms?
We combine fiduciary responsibility with access to institutional-grade investments typically reserved for large endowments, managing over $2 billion in assets with 190+ years of combined advisor experience.
How do you approach investment management?
We use a diversified approach combining traditional and alternative investments, including private equity and structured notes, while maintaining strict risk management protocols and proactive portfolio adjustments.
What financial planning services do you offer?
We provide comprehensive planning covering retirement income, tax optimization, estate planning, and risk management tailored to high-net-worth individuals and multi-generational families.
Can you help align investments with personal values?
Yes, our Socially Responsible Investing division creates customized ESG portfolios that support sustainable initiatives while maintaining competitive financial returns through diversified alternatives.
What technology tools do you provide clients?
Clients receive access to our secure portal with wealth forecasting software, consolidated reporting, and virtual meeting capabilities for comprehensive financial management and real-time portfolio visibility.
How do you support multi-generational wealth transfer?
Our family office services include concentrated stock management, charitable giving strategies, and legacy planning tools specifically designed for intergenerational wealth preservation and transfer.
