Michael Sellman has been Chief Compliance Officer of Cornerstone Wealth Advisors since February 2014, is a control person of the firm and directly owns between 25% and 50% of it.
Cornerstone Wealth Advisors, Inc. is a Carlsbad, CA firm with $146M under management, 157 clients and 4 advisers across 3 offices, as of its February 2026 filing.
Michael Sellman’s longest registration was 9 years at Cornerstone Wealth Advisors, Inc. (2011–2020). Before joining Cornerstone Wealth Advisors in 2020, Michael Sellman was registered through Cornerstone Wealth Advisors, Inc. and Select Money Management, Inc.
- – present · 6 yearsCarlsbad, CA · Adviser representative · Firm CRD 309544
- Cornerstone Wealth Advisors, Inc.– · 9 yearsCarslsbad, CA · Adviser representative · Firm CRD 157771
- Select Money Management, Inc.– · under a yearCarlsbad, CA · Adviser representative · Firm CRD 153256
- Morgan Stanley Smith Barney LLC– · 1 yearCarlsbad, CA · Adviser representative · Firm CRD 149777
- Morgan Stanley & Co. Incorporated– · under a yearCarlsbad, CA · Adviser representative · Firm CRD 8209
- Citigroup Global Markets Inc.– · 1 yearBoise, ID · Adviser representative · Firm CRD 7059
Investment adviser representative registrations
Michael Sellman is registered as an investment adviser representative in 2 states, as a resident of Texas. The first approvals date from June 2020; the most recent is California, in July 2020.
- CaliforniaSince 7 July 2020
- TexasResidentSince 3 June 2020
Examinations
| Exam | Name | Passed |
|---|---|---|
| SIE | Securities Industry Essentials Examination | Credited |
| Series 31 | Futures Managed Funds Examination | 18 December 2008 |
| Series 66 | Uniform Combined State Law Examination | 18 May 2007 |
| Series 7 | General Securities Representative Examination | 4 April 2007 |
- Name
- Securities Industry Essentials Examination
- Name
- Futures Managed Funds Examination
- Name
- Uniform Combined State Law Examination
- Name
- General Securities Representative Examination
- Full name
- Michael W Sellman
- CRD
- 5261051
- Firm
- Cornerstone Wealth Advisors · CRD 309544
- Role
- Chief Compliance Officer
- Office
- 1808 ASTON AVENUE, SUITE 150, Carlsbad, CA 92008
- Registration
- Investment adviser registration
- In the industry since
- April 2007
- Disciplinary history
- Not yet shown here · SEC record
Where does Michael Sellman work?
Michael Sellman has been Chief Compliance Officer of Cornerstone Wealth Advisors, Inc. since February 2014, and is a control person of the firm.
Is Michael Sellman a financial advisor?
Yes. Michael Sellman has a current investment-adviser registration in California and Texas, through Cornerstone Wealth Advisors since June 2020.
How many years of experience does Michael Sellman have?
Michael Sellman has 19 years in the financial industry, since April 2007, across 6 adviser firms.
What exams has Michael Sellman passed?
Michael Sellman has passed 3 licensing exams: the Series 7, Series 66 and Series 31. The earliest, the Series 7, was passed in April 2007. FINRA credited Michael Sellman with the SIE, which began in October 2018.
Where did Michael Sellman work before Cornerstone Wealth Advisors?
Before Cornerstone Wealth Advisors, Michael Sellman was registered through Select Money Management, Inc., November 2010 to August 2011; Morgan Stanley Smith Barney LLC, June 2009 to November 2010; Morgan Stanley & Co. Incorporated, October 2008 to June 2009; Citigroup Global Markets Inc., May 2007 to September 2008.
Where is Michael Sellman based?
Michael Sellman’s registered office is in Carlsbad, CA.
Is Michael Sellman registered with FINRA?
No. Michael Sellman has no current broker registration.
How can I verify Michael Sellman’s record?
Search CRD 5261051 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes Michael Sellman’s full registration record.