Cobblestone Asset Management
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$258,879,212
Total clients
432
7% high-net worth
Total advisors
4
of 4 employees
Firm size
Team
4-10 advisors or $500M+ in AUM
Average clients per advisor
108
Average account size
$599,257
About
Cobblestone Asset Management provides ongoing, discretionary portfolio management to individuals (including high‑net‑worth clients), corporations, and other investment advisors. The firm documents each client’s goals and risk tolerance in an Investment Policy Statement and also offers a platform that unaffiliated third‑party advisors may use to deliver portfolio management to their clients.
Investment advice is tailored to client objectives and typically emphasizes ETFs while also employing equities, fixed income, real estate funds, commodities, private placements and options where appropriate. Cobblestone uses a mix of analytical methods — including fundamental, quantitative, technical analysis and modern portfolio theory — applies model allocations alongside customized recommendations, and engages in both long‑ and short‑term trading and options strategies under discretionary authority.
Noteworthy for a firm of its size, Cobblestone serves as the sponsor of a wrap fee program and operates a platform for other advisors, arrangements it treats separately from its non‑wrap advisory services. Several supervised persons are registered representatives of an independent broker‑dealer (Independent Financial Group) and are licensed insurance agents and may accept commissions for brokerage or insurance sales; the firm discloses and documents those relationships and related conflicts of interest.
Client services
Financial planning
Portfolio management
Selection of other advisers
Expertise
Options & derivatives strategies
Passive / index investing
Private / alternative investments
Real estate investing
Fee options
Up to 2.0% annually
Commissions are accepted by some representatives for sale of investment products, but not the primary compensation for advisory services.
Main office location
Cobblestone Asset Management
9011 Arboretum Parkway, Suite 180
Richmond VA 23236, United States
Number of offices
1
Most active in
Cobblestone Asset Management has reported serving >5 clients in these states in the last 12 months.
California · Colorado · Florida · Georgia · Maryland · North Carolina · South Carolina · Texas · Virginia
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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