WEDBUSH SECURITIES INC.

Broker-DealerFINRA MemberEst. 1970
Total AUM
$5.7B
Discretionary
$3.9B
69% of AUM
Accounts
10,048
Employees
897
Advisory reps
497
Brokerage reps
482

Firm details

Headquarters
PASADENA, California
CRD number
877
Registered since
February 27, 1970
Fee structure
Percentage of AUM, Fixed Fees, Commissions
Client types
  • HNWI48.67%
  • Individuals46.09%
  • Corporations / Businesses2.84%
  • Charitable Organizations1.78%
  • Other0.55%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Wedbush Securities Inc. is a diversified broker‑dealer and capital markets firm that combines brokerage, custody and advisory capabilities. The firm operates as a qualified custodian and investment bank while also acting as a futures commission merchant and insurance broker. Its client mix spans individuals and families as well as institutional investors, and it serves both as a capital allocator and as a provider of transactional services. On the advisory side, Wedbush offers financial planning and portfolio management for individuals, small businesses and institutions, and it provides pension‑consulting support, adviser selection services and educational seminars. Revenue is generated through a mix of AUM‑based fees, fixed fees and commissions. The firm does not identify as an active ESG investor in the source data.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Private Funds 47%, Exchange Traded Equities 40%, Cash & Cash Equivalents 4%, Investment Grade Corp Bonds 3%, US Government Bonds 2%, State & Local Bonds 2%, Non-Investment Grade Corp Bonds 1%, Other 1%47%
  • Private Funds47%
  • Exchange Traded Equities40%
  • Cash & Cash Equivalents4%
  • Investment Grade Corp Bonds3%
  • US Government Bonds2%

Owners & executives

3 of 21
  • MICHAEL KEITH

    Independent ContractorCRD 6699268

  • ANTHONY IAROCCI

    Chief Executive OfficerCRD 858828

  • KIRSTEN FRAUNCES

    Executive Vice President, Chief Administrative OfficerCRD 2933930

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Contacts

3 of 476
  • DOUGLAS PRYOR

    Senior Vice PresidentCRD 2512870

  • JERRY YOON

    Senior Vice PresidentCRD 3067247

  • JOSHUA MONDONEDO

    Equity Syndicate AnalystCRD 5850426

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 586

Active vs passive

$1.5B in ETFs

Passive

81%

$1.2B

Active

15%

$280M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD 500 INDEX FUND (VOO)VanguardPassiveLarge Blend$359M600,45123.98%

Location

Primary office

PASADENA, CA

LOS ANGELES

Location

PASADENA, CA

Headquartered in PASADENA, CA, anchoring the Los Angeles-Long Beach, CA metro in the West.

Metro area
Los Angeles-Long Beach, CA
Region
West
County
LOS ANGELES
Address
Attn Compliance S Lk Ave
Time zone
PT (UTC-8)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth