Breaking Barriers: Women Leading the Way at Cornerstone Financial Solutions

Mar 9, 2025 | #Cornerstone Community

Pictured L-R

Jill Mollner, MBA, CFP®

Branch Operations Manager

Wealth Advisor, RJFS

Michelle Stahl

Partner, Chief Operating Officer, CFS

Office Manager, RJFS

Shelli Carlson

Chief Experience Officer, CFS

Branch Associate, RJFS

International Women’s Day, observed annually on March 8, is a global celebration of the achievements of women and a call to action for gender equality. In 2025, the theme “Accelerate Action” urges organizations and individuals to push forward in breaking barriers and creating opportunities for women in all fields.

In the traditionally male-dominated financial services industry, women continue to be underrepresented in leadership roles. As of 2024, women hold only 18.4% of C-suite positions globally, with projections estimating an increase to 21.8% by 2031.*

However, at Cornerstone Financial Solutions, the narrative is refreshingly different. The practice has always prioritized expertise, skills, and leadership ability over anything else, and as a result, its history is filled with women in leadership roles. Today, three out of four members of the organization’s leadership team are women—an achievement that reflects both ongoing dedication to excellence and a remarkable success story in an industry where women remain underrepresented in leadership. Their success is not a product of quotas or trends but of hard-earned expertise, commitment to the practice’s core values, and relentless drive to serve clients at the highest level.

Jill Mollner: Financial Planning with Heart

Jill Mollner, a Certified Financial Planner® professional and MBA graduate, combines technical expertise with a deep understanding of the profound impact financial choices have on people’s lives. Raised in Sioux Falls, her parents instilled a strong work ethic and appreciation for financial responsibility in Jill and her sister.

Jill’s approach to financial planning is personal. For her, success is about more than numbers; it’s about helping her clients realize their dreams. Jill is passionate about mentoring and showing her two daughters that women can lead and thrive in any industry.

Michelle Stahl: The Engine Behind Excellence

Celebrating her 25th anniversary with Cornerstone this year, Michelle Stahl is a cornerstone of the practice—both in name and in action. As Chief Operating Officer, she ensures that every aspect of the operations reflects a commitment to putting clients first. A Huron area native, Michelle has spent her entire career at Cornerstone, starting the day she interviewed after graduating from Southeast Technical Institute.

A mother of four daughters, Michelle is deeply invested in fostering a culture where women can thrive in leadership roles, both professionally and personally. Beyond the office, she is active in the community, focusing much of her efforts in Huron and the surrounding communities.

Shelli Carlson: Crafting Exceptional Client Experiences

With more than 25 years in the financial industry, Chief Experience Officer Shelli Carlson is a natural leader with a passion for mentoring the next generation of professionals. She leads marketing, business development, and client engagement at Cornerstone, fostering meaningful relationships and ensuring clients feel the depth of expertise and care Cornerstone offers. 

Outside of work, Shelli loves photography and travelling with her husband. As a new grandmother, she is also focused on leaving a legacy that empowers future generations of women to step into leadership roles.

A Model for the Future

The leadership of these three dynamic women at Cornerstone Financial is a powerful reflection of the “Accelerate Action” theme for International Women’s Day 2025. Their success is not just an internal triumph—it serves as an inspiring example of progress in financial services. By fostering a culture of excellence, value, and commitment, Cornerstone Financial is proving that breaking barriers isn’t just possible—it’s necessary.

As the financial industry continues to evolve, companies like Cornerstone Financial demonstrate that when women lead, industries transform. This International Women’s Day, let their journey inspire others to champion female leadership, ensuring that talent and dedication continue to drive the industry forward.

*Source: https://www.statista.com/statistics/1322160/share-of-women-financial-services-leadership-worldwide/?utm_source=chatgpt.com

Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Cornerstone Financial Solutions, Inc. is not a registered broker/dealer and is independent of Raymond James Financial Services. Raymond James does not provide tax or legal services. CSP #737250 Exp. 2026.03.05.

Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

Secure Passwords

Oct 22, 2024 | #Cornerstone Community

Strong passwords are the first line of defense against unauthorized access to your financial data by hackers with sophisticated tools to easily defeat weak ones.

Read more about creating an ironclad password.

Tips for an unthwartable password:

  • Avoid using the same password across multiple accounts. This includes variants of the same password.
  • Consider using a reputable password manager to store and generate strong passwords (LastPass or Dashlane are two examples.)
  • Two-Factor Authentication adds an extra layer of security by requiring a second piece of information to authenticate.

Passwords and phishing attacks:

  • Double-check the URL before clicking links and entering passwords.
  • Set up secure account recovery methods like using a mobile number or alternate password.
  • Avoid entering passwords on public computers, which may contain malware.
  • Regularly rotate your passwords to reduce risk and avoid using the same password for extended periods.

Raymond James is not affiliated and does not endorse LastPass or Dashlane.

CSP #605343 Exp. 9.24.25

Fraud Alert

Sep 5, 2024 | #Cornerstone Community

Who can place a fraud alert?

Anyone who suspects you have been, or are about to be, a victim of identity theft or fraud can place a fraud alert on their credit report. Appropriate if your wallet has been stolen or if you’ve been taken in by a phishing scam.

What does a fraud alert do?

A fraud alert will make it harder for someone to open a new credit account in your name. Potential creditors must use what the law refers to as “reasonable policies and procedures” to verify your identity before issuing credit in your name. Basically, a business must verify your identity before it issues new credit in your name. The steps potential creditors take to verify your identity may not always alert them that the applicant is not you.

When you place a fraud alert on your credit report, you can get a free copy of your credit report from each of the three credit bureaus.

Duration: A fraud alert stays on your credit report for at least 90 days and up to one year. After a year, you can renew it.

Cost: Free

How to place a fraud alert: Contact any one of the three credit bureaus — Equifax, Experian, and TransUnion. You will need to provide appropriate proof of your identity, which includes your Social Security number, name, address and other personal information that the credit bureau requests. You don’t have to contact all three. The credit bureau you contact must tell the other two to place a fraud alert on your credit report.

Extended Fraud Alert

Who can place an extended fraud alert?

An extended fraud alert is only available to people who have had their identity stolen and completed an FTC identity theft report at IdentityTheft.gov or filed a police report.

What does an extended fraud alert do?

Like a fraud alert, an extended fraud alert will make it harder for someone to open a new credit account in your name. A business must contact you before it issues new credit in your name.

When you place an extended fraud alert on your credit report, you can get a free copy of your credit report from each of the three credit bureaus twice within one year from when you place the alert, which means you could review your credit report six times in a year.

In addition, the credit bureaus will take you off their marketing lists for unsolicited credit and insurance offers for five years, unless you ask them not to.

Duration: An extended fraud alert lasts seven years.

Cost: Free

How to place an extended fraud alert: Contact any one of the three credit bureaus — Equifax, Experian, and TransUnion. You will need to provide appropriate proof of your identity, which includes your Social Security number, name, address and other personal information that the credit bureau requests. You don’t have to contact all three. The credit bureau you contact must tell the other two to place an extended fraud alert on your credit report.

What Doesn’t A Fraud Alert Do?

While a fraud alert can help keep an identity thief from opening new accounts in your name, it will not:

  • Protect you from an identity thief using your existing credit cards or other accounts.
  • Protect you from an identity thief opening new accounts in your name that do not require a credit check – such as a telephone, wireless or bank account.

And, the fraud alert alone won’t stop any identity theft that is already under way.

Sources:

https://consumer.ftc.gov/articles/what-know-about-credit-freezes-and-fraud-alerts#alerts

https://www.raymondjames.com/privacy-security-and-account-protection/credit-report-fraud-alerts

 

CSP #1006419 Exp 2.2.31

What Should You Do If You Suspect Identity Theft?

Aug 20, 2024 | #Cornerstone Community

If you think you may be the victim of identity theft, you should immediately take the following steps:

1. Contact the Federal Trade Commission at 877-438-4338 or access its online complaint form.

For more information on recognizing and dealing with identity theft, visit the FTC’s identity theft site.

2. Contact one of the three major credit bureaus, report the problem and request a fraud alert and/or credit freeze on your credit reports.

Equifax
equifax.com
800-525-6285 (fraud hotline)
800-685-1111 (Order report)
P.O. Box 740250
Atlanta, GA 30374

Experian
experian.com
888-397-3742 (fraud hotline)
888-397-3742 (Order report)
P.O. Box 9556
Allen, TX 75013

TransUnion
transunion.com
800-680-7289 (fraud hotline)
800-916-8800 (Order report)
P.O. Box 6790
Fullerton, CA 92634

You only need to call one of the three bureaus – the company you call is required to contact the other two, and within 24 hours all three of the bureaus will be on alert. In addition, on request the company you call will provide you with a free copy of your credit report. This can help you identify any new accounts that may have been opened. Pay particular attention to the section of the report that lists inquiries from new companies. Contact these companies immediately and have them remove any pending or new accounts from their system.

3. File a Police Report – Retain a copy of the report or the report number as proof of the crime. While most police departments throughout the country are increasingly aware of the dramatic impact of identity theft, some local authorities may be reluctant to take your report. If this happens, ask to file a “Miscellaneous Incidents” report. You can also try another jurisdiction, such as the state police, or contact your state Attorney General’s office to find out if state law requires the police to take reports for identity theft.

4. Contact Creditors’ Fraud Departments

    • Close any affected accounts.
    • Speak with someone in the security or fraud department of each creditor and describe what has occurred.
    • Follow up in writing with a letter or affidavit as well as copies (not originals) of any supporting documents.
    • Contact the following check-verification companies if your checks have been lost or stolen:
      • TeleCheck: 800-710-9898 or 1-800-927-0188
      • Certegy, Inc.: 800-437-5120
      • International Check Services: 800-631-9656
      • CheckRite: 800-766-2748
      • Chexsystems: 800-428-9623
      • CheckCenter/CrossCheck: 800-843-0760

5. Keep Good Records

    • Maintain complete, accurate records of all the steps you take in reporting identity theft.
    • When you notify various businesses and agencies, do so both by phone and in writing. Record the date you send any correspondence and how you send it. It’s a good idea to send all correspondence by certified mail, return receipt requested.
    • Keep a date/time log of phone calls, including the names of people with whom you speak and what they tell you.
    • Keep copies of any correspondence, along with the names, phone numbers and addresses of anyone you contact. This will be extremely important if you have to prepare a case to recover damages.

Other Steps:

    • If your Social Security card has been stolen, contact the Social Security Administration for a replacement card.
    • If the theft involves your mail, contact the Postal Inspection Service, the primary law-enforcement arm of the U.S. Postal Service.
    • If your driver’s license has been stolen, contact the issuing office to cancel it and obtain a replacement.

Not a Cornerstone Client?

With over 140 years combined team experience and 30 years in business, we are well-equipped to help you navigate the complexities of retirement planning and the financial industry. Contact us today at 605-351-8553 or cfsteam@mycfsgroup.com if you’d like to learn more about the unparalleled service you can expect from the Cornerstone team.

CSP #1006419 Exp. 2.2.31

In Case of Emergency: Organize Your Vital Info

Jul 16, 2024 | Estate Planning, Retirement Planning

Organize your vital personal, health, and financial information in one accessible place to help your loved ones navigate with ease should something happen to you.

Life can be unpredictable, and emergencies can happen when we least expect them. Think about this: if you have a medical emergency, could your loved ones access your phone? If your partner couldn’t talk, do you know their usernames and passwords? Does your family know the names of your doctor and important medical information? Could they easily find your IDs and legal documents?

Make sure your family doesn’t have to wade through piles of paperwork or argue about who will take care of the cat by having vital personal, health and financial information in a centralized and accessible place.  Here are some practical steps you can take:

Personal and Digital Connections

 

Compile a list of your usernames, passwords, and other login details in case someone needs to access your electronic devices or social media accounts. You can keep this information secure by using password management tools or a digital vault.

Create a list of essential personal and professional contacts who should be notified if you have an emergency or are incapacitated, including employers, attorneys, and financial advisors. Help make it easy for your family to reach out to your community of connections if needed.

Do you use an online financial aggregation service or app? A trusted contact will need to know how to access anything that is password protected.

Health and Medical Information

Who will advocate for your health needs during a medical emergency? Having quick access to your health information can be a lifesaver and help remove doubt and stress when handling difficult situations. Create a document with details about your primary healthcare providers, ongoing medical conditions, allergies, and any medications you’re currently taking.

Consider obtaining an advance directive to provide instructions for medical care if you become unable to make decisions. According to the Journal of Preventative Medicine only 26% of Americans have taken this important step.

Legal and Financial Documents

Ensure your important documents such as wills, trusts, advance directives, and power of attorney are in order and make sure a trusted person knows where to find all of this information. If you’re unable to manage your affairs for a period of time, your representative may need proof of ownership documents such as the deed to your house and vehicle titles or contracts such as sale of property.

Download an Essential Information Organizer

Not a Cornerstone client?

Will your loved ones have the information they need if something happens to you? Preparing involves organizing your personal, health, and financial information. The Cornerstone Experience® gives our clients access to our professional team and several online tools to help organize personal, health and financial information in a centralized and accessible place.

Contact us today at 605-357-8553 or cfsteam@mycfsgroup.com if you’d like to learn more about the unparalleled service you can expect from the Cornerstone team.

CSP #1071279 Exp 4.29.27