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CORNERSTONE PORTFOLIO RESEARCH
Legal name: BALIS ENTERPRISES LLC
CRD 315130File 801-121634
APPROVED
Filing as of Jun 4, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$444.3M
Below cohort median (national)
Discretionary AUM
$444.3M
Clients
3
1,338 accounts
Employees
8
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- PLRO
- Registration date
- Jun 25, 2021
- Principal office
- Not reported
- Phone
- 484-631-3684
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $444.3M
- Discretionary AUM
- $444.3M
- Non-discretionary AUM
- $0
- Discretionary accounts
- 1,338
- Non-discretionary accounts
- 0
- Total accounts
- 1,338
- AUM per client
- $148.1M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other investment advisers | 3 | $444.3M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- A percentage of assets under your management
Advisory activities
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 5 | 8 | increased by3 |
| Apr 1, 2026 | Clients | 6 | 3 | decreased by3 |
| Apr 1, 2026 | AUM | $1,848,592,587 | $444,315,128 | decreased by$1,404,277,459 |
| Apr 1, 2026 | Accounts | 4,995 | 1,338 | decreased by3,657 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 3 | 5 | increased by2 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 0 | 6 | increased by6 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $581,957,998 | $1,848,592,587 | increased by$1,266,634,589 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 2 | 4,995 | increased by4,993 |
| Apr 1, 2022 | Employees | 4 | 3 | decreased by1 |
| Apr 1, 2022 | Clients | 1,035 | 0 | decreased by1,035 |
| Apr 1, 2022 | AUM | $572,990,638 | $581,957,998 | increased by$8,967,360 |
| Apr 1, 2022 | Accounts | 2,445 | 2 | decreased by2,443 |
| Nov 1, 2021 | Registration | APPROVED-120 | APPROVED | |
| Nov 1, 2021 | Employees | 1 | 4 | increased by3 |
| Nov 1, 2021 | AUM | $0 | $572,990,638 | increased by$572,990,638 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “CORNERSTONE PORTFOLIO” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“CORNERSTONE PORTFOLIO” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.