OneSeven, a Cleveland-area registered funding advisor platform backed by Service provider Funding Administration, has constructed out its senior management staff, with a brand new chief monetary officer, chief compliance officer and advisor advocate.
Brian Bunker, former head of observe administration and consulting at Stratos, has joined the platform as advisor advocate, a newly created position designed to function a liaison with the agency’s advisor groups. He’ll work with OneSeven accomplice corporations on natural and inorganic development, in addition to to raised perceive the agency’s sources. He’ll assist corporations with enterprise improvement, consumer acquisition, staff enlargement, succession planning, and strategic partnerships or acquisitions.
“The advisor advocate goes to be actually important with regards to constructing relationships with our advisory groups, particularly our bigger advisory groups, after which actually being a useful resource to them to assist them develop, scale, construct efficiencies and achieve success inside OneSeven,” mentioned Todd Resnick, co-founder and CEO of OneSeven.
OneSeven additionally employed John Carey as chief compliance officer, chargeable for the agency’s compliance program. He joins from OneDigital, the place he was director of compliance. Rick Gross, OneSeven’s president, beforehand served in that position.
The agency additionally added Betsey Saffar, who was vice chairman and CFO at Cornerstone Fund for the final two years, as chief monetary officer. She replaces Marc Borstein, who’s retiring and was solely meant to stay within the position quickly. In her position, she’ll lead monetary technique, reporting and capital planning.
Resnick mentioned it was time for the agency to deliver on individuals in these full-time roles, given its development. OneSeven has grown from roughly $3.5 billion in property underneath administration to greater than $8.6 billion during the last yr.
And already this yr, the agency has commitments from advisors representing $4 billion in property to affix the platform, and he expects the agency to achieve $13 to $14 billion by the top of 2026. It goals to achieve $20 billion by the top of 2027.
This yr, the agency can be engaged on constructing an enterprise-level expertise that it’s going to roll out to its advisors. Additionally they plan to deliver some AI instruments to their advisors.
When an advisor joins OneSeven, they will both preserve their very own model or tackle the agency’s branding. They will additionally handle their investments as they see match. However they’ve entry to the OneSeven group of advisors, which is on the smaller aspect, Resnick mentioned.
“As an alternative of getting hundreds of advisors, by having 100 to 150 advisors, we are able to facilitate relationships, construct partnerships, deliver individuals collectively extra simply,” he mentioned. “Lots of people, they’re alone, whether or not they’re sole practitioners or a staff, they really feel alone, and other people wish to be a part of one thing. It is simply human nature, and we expect that’s one of many issues we do rather well.”
This follows information final yr that OneSeven had added $2.11 billion in new inflows, together with 25 new advisors and 7 advisory groups in the course of the third quarter of 2025.
OneSeven, because it’s recognized at the moment, was created in 2022 when MGO Funding Advisors, an RIA with an extended historical past specializing in 401(ok) and wealth administration companies, merged with OneSeven, an RIA centered primarily on offering a platform {and professional} improvement sources to different advisors. As a part of the merger, Service provider took a minority, noncontrolling stake within the mixed entity.
