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Bobby Alvin Parks

Investment Adviser Representative at Cornerstone Advisors LLC

Fayetteville, ARCRD #5138701Investment Adviser Representative
No disclosures on record
Sourced from SEC IAPD & FINRA BrokerCheck
Years of Experience
18 yrs
Exams Passed
5

Professional summary

Compiled by AdvisorFinder from public regulatory records. This advisor has not provided a personal biography.

Bobby Alvin Parks is an investment adviser representative with Cornerstone Advisors LLC in Fayetteville, AR, where they have been registered since 2026. They have worked in the securities industry since 2008 and have been registered with 4 firms, including Cornerstone Registered Investment Advisors and MML Investors Services, LLC. They have passed 5 industry qualification exams, including the Series 65 (investment adviser), Series 7 (general securities representative), and Series 63 (state securities agent). They are registered to provide investment advice in Oklahoma.

Office

4201 Shiloh Dr, Suite 1600
Fayetteville, AR 72703

Advisors at this office: 4

Branch office as filed with FINRA, counting current advisors in the directory who work there.

Registrations & licenses

Registration type
Investment Adviser Representative
As of August 14, 2026, from the advisor's current registrations on SEC IAPD
State registrations
Investment adviser:
Oklahoma

Registration requirements vary by state and service. Contact the advisor's firm to confirm whether they can serve you.

Examinations passed
Series 65
Uniform Investment Adviser Law Examination
Passed 3/15/2013
Series 63
Uniform Securities Agent State Law Examination
Passed 6/29/2006
SIE
Securities Industry Essentials Examination
Passed 10/1/2018
Series 7
General Securities Representative Examination
Passed 4/21/2014
Series 6
Investment Company Products/Variable Contracts Representative Examination
Passed 7/22/2006

Financial-firm registration history

Registration history as reported to FINRA, most recent first.

Cornerstone Advisors LLCCurrent
3/2/2026 – Fayetteville, AR
Cornerstone Advisors LLC
1/2/2023 – 12/31/2025Fayetteville, AR
Cornerstone Registered Investment Advisors
7/27/2021 – 8/25/2023Oklahoma City, OK
MML Investors Services, LLC
3/25/2017 – 2/11/2020Oklahoma City, OK
MSI Financial Services, Inc.
5/1/2013 – 3/25/2017Oklahoma City, OK

Reported employment history

Employment the advisor reported on their SEC/FINRA filings, as of October 8, 2026. It may not be a complete history.

  1. Metropolitan LIFE Insurance Co
    Jul 2006 – Mar 2017Oklahoma City, OK
  2. Metlife Securities Inc
    May 2006 – Feb 2020Oklahoma City, OK
  3. MML Investors Services, LLC
    Mar 2017 – Feb 2020Oklahoma City, OK
  4. Cornerstone Advisors LLC
    Feb 2026 – no end date reportedFayetteville, AR
  5. MetLife
    Jul 2006 – Feb 2020Oklahoma City, OK
  6. MSI Financial Services Inc (CRD 14251)
    May 2006 – Mar 2017Oklahoma City, OK
  7. Cornerstone Registered Investment Advisors
    Feb 2020 – Jul 2023Oklahoma City, OK
  8. Cornerstone Fayetteville Advisors, LLC CRD 325163
    Jul 2023 – no end date reportedFayetteville, AR

Official records & sources

Data as of May 30, 2026 · Source: SEC IAPD & FINRA BrokerCheck

About Cornerstone Advisors LLC

These details describe the firm overall. Individual advisors' services, clients, and fees may differ.

Fee arrangements the firm reports

  • Percentage of assets under management
  • Hourly

Arrangements the firm reports on its Form ADV; this advisor may not charge every fee listed. Estimated from the firm's Form ADV — individual terms may differ. Not a quote.

Services the firm offers

Financial PlanningPortfolio Management for Individuals and Small BusinessesPortfolio Management for Businesses and InstitutionsPension Consulting

Client types the firm serves

IndividualsHigh Net Worth

Firm assets under management

Under $100M

Firm disclosures (Form ADV)
No disciplinary history reportedVerify on SEC IAPD
Advisors listed on AdvisorFinder:
4
Offices listed on AdvisorFinder:
2
Main office:
Fayetteville, AR
SEC file number:
801-130418

Counts reflect AdvisorFinder directory coverage, not necessarily the firm's complete network.

Form ADV data as of September 30, 2026

View full firm profile

Other advisors at Cornerstone Advisors LLC

3 other advisors in the directory

View Cornerstone Advisors LLC firm profile

Similar advisors in Fayetteville, AR

Other advisors whose filed branch office is in the same city.

About this profile

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. Bobby Alvin Parks has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on BrokerCheck or SEC.gov before making any decision. AdvisorFinder may be compensated for referrals generated through this page.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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