Cornerstone Wealth Strategies

Matt Riesenweber Doesn’t Respect his Clients – Uses Harsh Tone and Avoids any Questions

Do anything except hiring Cornerstone Wealth Strategies. It’s a financial planner firm in Kennewick, Washington and has some of the worst and indecent professionals of the area. 

My financial advisor, Matt Riesenweber, would never listen to anything I say and always use demeaning terms in a meeting. He talks in a rude manner and acts as a know-all. Instead of asking me what I wanted to achieve financially, he would tell me what I should think of. Matt is a micro-manager and treats his clients like he would treat an intern at his company. On top of all that, his team members don’t do anything about this problem too. Why would they? Matt is their boss, after all. 

Apart from that, Matt and his advisors don’t prepare plans for their customers. I asked them multiple times to give me a proper plan but they always avoided it!

Horrible Service By Cornerstone Wealth Strategies

I had contacted Cornerstone Wealth Strategies by calling them on their number (509) 396-0588 and at that time, I had a good conversation with their representative. Their client service specialists do an okay job, but their wealth advisors are horrible, just horrible. I used to talk to Matt and he was my wealth advisor for a long time! During that entire duration, I never even heard of a ‘good plan’ from him or anyone from that company. They were providing me with investment planning services but they never provided me with any proper or reliable plans whatsoever

Nevertheless, Matt would always make sure that you knew who you were talking to. He would remind you that he is a sought-after professional and his time is valuable. In his books, the client knows nothing. 

I had asked Matt to develop an indepth plan and give me some suggestions. He gave me several suggestions but never explained what their role was in the plan. According to Matt, I should have simply followed his advice and done what he was telling me to do because he knows everything. 

His behavior was quite irritating and Matt’s narcissism doesn’t help the case.

Whenever I questioned any suggestion or decision, Matt would cut that meeting short and start claiming that I should think more about his suggestions rather than “come up with excuses”. 

This is a regular problem with Cornerstone Wealth Strategies. Their wealth advisors are jerks who act as know-alls and force their preferred investments on their clients. 

I think SEC should look into those people after they only care about their fees and commission. Most of the clients complain that the advisors never prepared a plan even when requested for one, multiple times. Either their financial advisors are lazy or they don’t value financial planning. The only reason why any client would even stay with them for any time might be because of their client service professionals. But those client service associates aren’t the reason why anyone would hire Cornerstone Wealth Strategies. People hire these people for their investment planning services, which they fail to deliver. 

I spent a fortune in fees and commissions. Still, they didn’t improve their services even for a bit. I always requested Matt to give me my money’s worth and take the financial plans seriously. I wanted my plans to be aligned with my financial goals. But Matt would always take the questions as a question on his competence and answer in a rude manner.

I don’t think Matt Riesenweber knows much about client service. And that’s the sole reason why I don’t recommend Cornerstone Wealth Strategies to anyone. 

Cornerstone Wealth Strategies Review 2020: Conclusion

Don’t take the risk! Go someplace else. 

You can find many financial planners in Kennewick. So don’t risk your money by investing with these jerks. Individuals tend to hire Cornerstone Wealth Strategies because they only read praises about them. There is not a single review that covers Matt’s services or behavior. I don’t know the reason why no one has ever shared such an important detail but nevertheless, you shouldn’t bother risking your money with them. 

I didn’t get any returns from the investments Matt had recommended me. And I don’t plan on staying with those investments further. The fact Matt never told me why those investments are good for me bothers me a lot. I’m pretty sure he keeps many clients in the dark. 

5.1 Total Score
Avoid!

The advisors at Cornerstone Wealth Strategies talk rudely to their clients, and keep them in the dark. They don’t care about client service at all.

3.8Expert Score
Trust
3
Support
4
Reputation
5
Experience
3
6.3User's score
Trust
6.4
Support
6.4
Reputation
6.2
Experience
6.4
CONS
  • Terrible behaviour
  • No sense of manners in advisors
  • Give vague responses to questions and queries
  • Fail in communicating with the client
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7 Comments
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  1. 0.5
    Trust
    10
    Support
    10
    Reputation
    10
    Experience
    10

    It’s never worth it to hire a financial advisor. You’d be better off spending that money on yourself, learning about how to invest, rather than hire someone who you don’t even know very well.

    Helpful(0) Unhelpful(0)You have already voted this
  2. 0.5
    Trust
    10
    Support
    10
    Reputation
    10
    Experience
    10

    What’s the deal with these 5-star reviews? Is this some kind of reverse “review bombing”? Because if that’s the case then I don’t think Cornerstone Wealth Strategies is a good business at all. They might be the most unethical enterprise out there.

    - CONS: Just look at the reviews before my one, what kind of fake stuff is that?!
    Helpful(0) Unhelpful(0)You have already voted this
  3. 5
    Trust
    100
    Support
    100
    Reputation
    100
    Experience
    100

    Good experience with you people

    + PROS: Nice
    - CONS: Good
    Helpful(1) Unhelpful(1)You have already voted this
  4. 4.85
    Trust
    100
    Support
    100
    Reputation
    90
    Experience
    100

    Good experience

    + PROS: Pros
    - CONS: Cons
    Helpful(1) Unhelpful(1)You have already voted this
  5. 5
    Trust
    100
    Support
    100
    Reputation
    100
    Experience
    100

    Good experience with you people May God bless you more

    + PROS: God bless you more
    - CONS: Good
    Helpful(1) Unhelpful(0)You have already voted this
  6. I guess every industry has such organisations. Really opens your eyes, doesn’t it?

    What’s worse is that you can’t go to FINRA for bad client service. They only get involved if the advisor has caused you some kind of monetary advice.

    I would suggest you check with a lawyer who handles FINRA or SEC cases. They might be able to get you some compensation from Cornerstone Wealth Strategies.

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