OneSeven welcomes $190M advisor to its growing network

OneSeven has a new advisory practice in its growing network, a $190 million AUM firm previously with Edelman Financial Engines.

James Selu has joined the RIA to form his new Los Angeles County-based independent practice, Palm Coast Wealth Management, after nine years at Edelman. The certified financial planner has 16 years of industry experience.

“Partnering with OneSeven has given me more freedom to choose financial products and solutions that best support my clients and their goals," Selu said in a statement. His practice will continue its custodian relationship with Schwab, while gaining the support and capabilities of OneSeven, including comprehensive marketing and business support, compliance, billing, and tech infrastructure.

The firm's latest new recruit brings its assets under management to more than $4.3 billion less than two years after its expansion though a merger with MGO Investment Advisors. There are 28 advisory teams in its network with offices in 14 states.

"We're thrilled to forge this partnership with James, united by shared values and a joint vision for uplifting the advisory profession to better serve our clients," said Todd Resnick, president of OneSeven. "We're excited to extend a warm welcome to James as he joins our network of advisors. We eagerly anticipate supporting his ongoing success."

Other firms that have recently joined the Ohio headquartered firm include Hyperion Wealth Group, a $250 million AUM firm founded by industry veteran Neil Garrison who spent 15 years at Morgan Stanley’s wealth management business Smith Barney before its rebrand to Morgan Stanley Wealth Management in 2012.