Our Story

Why Cornerstone Advisors?
Value Creation.


Working with hundreds of midsize banks, credit unions, start-ups, and finance companies every year, Cornerstone creates unique value through:

  • Proven solutions designed for midsize banks and large credit unions
  • Industry knowledge from client engagements, informed research, executive roundtables, and provocative content
  • Experienced cross functional consultants working thousands of onsite days with clients
  • Deep vendor knowledge allowing us to help our clients improve benefits, reduce costs, and manage risks

We are a national advisory firm legendary for the value we provide to our clients through improved strategy, technology and performance execution.

Our Story
 
1999

GonzoBanker launched at predecessor firm M One with Steve Williams, Terence Roche, Carl Faulkner, and Scott Hodgins as contributors.

2002

Founded as niche firm serving midsize banks, Cornerstone Advisors formed by CEO Scott Sommer, and principals Williams, Roche, and Faulkner.

Williams forms Strategy practice while Roche and Faulkner form Technology and System Selection practices.

 
 
2003

The first Cornerstone Performance Report released. “We couldn’t find these benchmarks anywhere else and our clients needed them, so we just started a study and invented them.” –Roche

2006

Conversion and Implementation practice formed with Managing Director Bill McFarland joining the firm.

 
 
2007

Faulkner forms Contract Negotiations practice tapping veteran CIO Bob Roth to lead its rapid growth as Managing Director.

2010

After years leading process and assessment projects using deep cuts of Cornerstone Performance Report benchmarks, Eric Weikart forms a growing Performance Solutions practice as Managing Director.

 
 
2014

Abound Resources joins us adding Vendor Management, additional Risk Management offerings, and team. CEO Brad Smith joins as Cornerstone Advisors’ Managing Director of Technology Solutions.

2014

After significant demand and client growth, dedicated practices formed in Payments, Channels, Risk, and Mergers & Acquisitions.

 
 
2015

After years of hard hitting gritty content, Gonzobanker releases its 300th article.

Gonzo Bankers Logo
2015

Ron Shevlin joins as Research Director developing more midsize bank focused research services including What’s Going On and Insight Vault.

 
 
2016

Our 14th straight year of growth while being obsessed with our clients.