March 1, 2013 – Cornerstone Financial Partners, Inc. a wealth management firm headquartered in Cornelius NC, has closed on 3 recent wealth management firm acquisitions. Cornerstone is pleased to announce the asset acquisition of Grey Oak Wealth Management located in Greensboro, NC – March 2013, Maralyn Henry Financial Services in Aiken, SC – September 2012, and Protegrity Wealth Management in Reidsville, NC – September 2012. “These acquisitions allow Cornerstone to better service its expanding client base throughout the Carolinas” says Craig Rubrecht, Senior Partner of Cornerstone Financial Partners.
Scale Finance has been providing CFO and Accounting Manager Services to Cornerstone since 2010.
Founded in 2001, Cornerstone is lead by 4 wealth management professionals with diverse and complementary backgrounds. Combined, the partners offer over 75 years of experience and share a passion for the industry and the clients they serve. Cornerstone is centered around managing and growing their client’s assets and offering sound financial advice while providing exceptional client service. Brian Needleman, Senior Partner and Chief Investment Officer adds, “We believe the key to successful investment management is achieving the optimal balance between enhancing returns and managing risk.”
About Cornerstone Wealth
Cornerstone Wealth, a Registered Investment Advisor, is a team of professionals that provides independent financial advice with complete transparency and accountability. As a fiduciary, we are client-centered and hold ourselves to a higher standard. Every member of our team strives to provide our clients with a unique and unparalleled wealth management experience. Every member of the Cornerstone Wealth team shares a passion for helping clients pursue their financial goals. Cornerstone Wealth currently has nine offices in the Carolinas and one office in California. We invite you to learn more by visiting www.cfpwealth.com or call 704-987-3410.
About Scale Finance
Scale Finance LLC (www.scalefinance.com) provides contract CFO services, Controller solutions, and support in raising capital, or executing M&A transactions, to entrepreneurial companies. The firm specializes in cost-effective financial reporting, budgeting & forecasting, implementing controls, complex modeling, business valuations, and other financial management, and provides strategic help for companies raising growth capital or considering M&A/recapitalization opportunities. Most of the firm’s clients are growing technology, healthcare, business services, consumer, and industrial companies at various stages of development from start-up to tens of millions in annual revenue. Scale Finance has multiple offices in the Carolinas including Charlotte, Raleigh/Durham, Greensboro, and Wilmington with a team of more than 45 professionals serving more than 130 companies throughout the region.
