Michael Sellman
Michael Sellman is a CFP-designated registered investment advisor at Cornerstone Wealth Advisors, INC., based in Carlsbad, CA, with 18 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Investment Management, Retirement Planning, and 1 more. Their firm serves 157 clients with $150M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $500K | 1.40% |
| $500K - $750K | 1.30% |
| $750K - $1.0M | 1.20% |
| $1M+ | 1.20% |
Rate is negotiable for accounts over $1,000,000.01. CWA will aggregate familial accounts for a discounted rate. This includes spouses/partners, children and grandparents.
Fee Estimator
Location
1808 Aston Avenue, Suite 150, Carlsbad, CA, 92008
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael operates under the DBA Cornerstone Wealth Advisors, providing advisory services and securities. He is also an independent insurance agent, dedicating minimal time to insurance sales and service.
Employment History
Current Registrations
Cornerstone Wealth Advisors, INC.
Previous Registrations
Gradient Securities, LLCBroker
Cornerstone Wealth Advisors, INC.
Select Money Management, INC.
Securities Equity GroupBroker
Morgan Stanley Smith Barney LLC
Morgan Stanley Smith BarneyBroker
Morgan Stanley & CO. Incorporated
Morgan Stanley & CO. IncorporatedBroker
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.