Wedbush Securities Inc. logo

Wedbush Securities Inc.

Updated today

Client AUM

$6,446,538,558

Clients

10,653

Advisors

218

across 59 offices

About

Wedbush Securities provides both investment advisory and broker‑dealer services to a mix of individual, high‑net‑worth and institutional clients, including trusts, pension and profit‑sharing plans, foundations/charities and pooled investment vehicles. The firm’s services, as described in the brochure, span Wealth Management, Fixed Income, Commodities, Securities Lending, Capital Markets and Advanced Clearing and Prime Services, and include discretionary and non‑discretionary portfolio management, wrap fee programs and institutional research.

Financial Consultants act as portfolio managers who implement strategies tailored to client objectives, risk tolerances and time horizons, and the Wedbush Asset Management group administers SMA/MMA/UMA/IMA offerings and conducts due diligence on third‑party managers. The brochure also describes Research Services provided on an impersonal basis to institutional clients and notes that Wedbush can execute and clear trades as a broker‑dealer, with certain account arrangements historically involving transaction‑based commissions.

Noteworthy details in the brochure include that Wedbush provides custodial, clearing and prime services and engages in commodities and securities lending activities — operational capabilities that the firm highlights alongside its dual registration as both an adviser and a broker‑dealer. The brochure also discloses a number of regulatory and disciplinary matters (SEC, FINRA, NYSE) and details the firm’s relationships with pooled funds and other institutional clients, information that may be relevant to prospective clients evaluating conflicts, controls and operational scope.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers Educational seminars or workshops

Expertise

Wealth management

Occupation focus

Founder/Business Owner Executive

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Fee options

Percentage

$0 - $250,000: 3.00% $250,001 - $500,000: 2.80% $500,001 - $1,000,000: 2.50% $1,000,001 - $3,000,000: 1.90% $3,000,001 - $5,000,000: 1.60% $5,000,001+: Negotiable

Commissions

Transaction-based fees for Discretionary Managed Transactional (DMT) accounts, and commissions on securities transactions when WS acts as broker.

Other

Account minimum: $25,000 Minimum fee: Discretionary Managed Account – Independent Contractor (DMI-IC): Minimum quarterly fee of $62.50 ($250 annually); Self-Directed Investment Advisory Accounts – Independent Contractor (SDI-IC): Minimum quarterly fee of $125 ($500 annually); Managed Model Account (MMA), Separately Managed Account (SMA), Unified Managed Account (UMA): Minimum quarterly fee of $250 ($1,000 annually) Fee-only: Financial Planning services have a separate fee detailed in the Financial Planning Agreement, depending on time allocated or complexity, specifics not provided.

Main office

See office

225 S. Lake Ave Penthouse

Pasadena CA 91101

Advisors at this office

42

Most active in

Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virgin Islands · Virginia · Washington · West Virginia · Wisconsin · Wyoming

Also doing business as

Wedbush Morgan Securities Inc. · Wedbush Pacgrow · Wedbush Securities Inc. · Wedbush Securities, Inc. · Wedbush, Noble, Cooke, Inc

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Mark K

Series 63, Series 65

Radnor, PA

Wedbush Securities Inc.

Mark Kaskey is a financial advisor with Wedbush Securities Inc. in Radnor, PA, holding Series 63 and Series 65 credentials with 39 years of industry experience. His prior roles include positions at B. Riley Wealth Advisors, Stifel Nicolaus & Co., Janney Montgomery Scott, and Ameriprise Advisor Services. Wedbush Securities provides investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients, offering wealth management, fixed income, commodities, securities lending, and capital markets services through discretionary and non-discretionary portfolio management and extensive operational capabilities.

Wealth management Founder/Business Owner Executive
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David H

Series 63, Series 66

San Diego, CA

Wedbush Securities Inc.

David Hirons is a financial advisor with Wedbush Securities Inc. in San Diego, CA, holding Series 63 and Series 66 licenses and bringing 32 years of industry experience. His prior positions include roles at RBC Capital Markets, Wells Fargo Clearing, A. G. Edwards & Sons, Inc., and UBS Financial Services. Outside of advising, he works as an independent contractor and retail marketing consultant. Wedbush Securities offers investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients, providing a range of wealth management, fixed income, commodities, and capital markets services along with portfolio management tailored to client objectives.

Wealth management Founder/Business Owner Executive
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Thomas P

Series 63

Anchorage, AK

Wedbush Securities Inc.

Thomas Packer is a financial advisor with Wedbush Securities Inc. in Anchorage, Alaska, holding a Series 63 designation and 38 years of industry experience. He has been with Wedbush Morgan Securities Inc. since 1988. Wedbush Securities Inc. offers investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients, providing a range of wealth management, fixed income, commodities, and capital market services tailored to client objectives and risk tolerances.

Wealth management Founder/Business Owner Executive
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Patrick L

Series 63

Modesto, CA

Wedbush Securities Inc.

Patrick Lettice is a financial advisor with Wedbush Securities Inc. in Modesto, CA, holding a Series 63 designation and 42 years of industry experience. He has been with Wedbush Securities since 2013 and also maintains a long-term affiliation with Vulcan Securities LLC since 2002. Wedbush Securities provides both investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients. The firm offers a wide range of services including wealth management, fixed income, commodities, and securities lending, utilizing both discretionary and non-discretionary portfolio management strategies.

Wealth management Founder/Business Owner Executive
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Dwayne M

Series 63, Series 65, Series 66

Honolulu, HI

Wedbush Securities Inc.

Dwayne Maki is a financial advisor at Wedbush Securities Inc. with 21 years of industry experience. He holds Series 63, 65, and 66 licenses and has worked at institutions including Bank of America, Merrill, and CUSO Financial Services. Outside of his advisory role, he works as a freelance service technician for a body contouring machine through Artemis Distribution LLC. Wedbush Securities provides investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients, offering a range of wealth management, fixed income, commodities, and capital markets services. The firm delivers both discretionary and non-discretionary portfolio management, as well as institutional research and clearing services.

Wealth management Founder/Business Owner Executive
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Cole P

Series 66

Denver, CO

Wedbush Securities Inc.

Cole Petersen is a financial advisor with Wedbush Securities Inc. in Denver, CO, holding a Series 66 designation and seven years of industry experience. His prior roles include positions at Edward Jones and Brokers Guild. Wedbush Securities provides investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients, offering a range of wealth management, fixed income, commodities, and capital market solutions.

Wealth management Founder/Business Owner Executive
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Jonathan N

Series 66

Newport Beach, CA

Wedbush Securities Inc.

Jonathan Norberg is a financial advisor at Wedbush Securities Inc. with 10 years of industry experience. He holds a Series 66 designation and has worked at Wedbush Securities since 2017, following five years at Standard Investment Chartered. Wedbush Securities provides investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients, offering a range of wealth management, fixed income, commodities, and capital markets solutions. The firm also delivers discretionary and non-discretionary portfolio management, research services, and clearing and prime broker services.

Wealth management Founder/Business Owner Executive
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Lawrence B

Series 63

Pasadena, CA

Wedbush Securities Inc.

Lawrence Brown is a financial advisor at Wedbush Securities Inc. with 44 years of industry experience. He holds a Series 63 designation and has worked at Wedbush Morgan Securities since 2002, following four years at Morgan Stanley DW Inc. Wedbush Securities provides investment advisory and broker-dealer services to a diverse client base, including individual, high-net-worth, and institutional clients. The firm offers a range of services such as wealth management, fixed income, commodities, and securities lending, with portfolio strategies tailored to client objectives.

Wealth management Founder/Business Owner Executive
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Michael K

Series 63, Series 65

Pasadena, CA

Wedbush Securities Inc.

Michael Krmpotich is a financial advisor at Wedbush Securities Inc. with 50 years of industry experience. He holds Series 63 and Series 65 credentials and has previously worked at Stifel Nicolaus, RBC Capital Markets, and Wells Fargo Investments. Wedbush Securities provides investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients. The firm offers a range of services including wealth management, fixed income, commodities, and institutional research, with portfolio management tailored to client objectives and risk tolerances.

Wealth management Founder/Business Owner Executive
user avatar

Kevin J

Series 63, Series 65

Lake Oswego, OR

Wedbush Securities Inc.

Kevin Jordan is a financial advisor at Wedbush Securities Inc. with 30 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Wedbush Securities since 2009, following previous roles at UBS Financial Services and Piper Sandler & Co. Wedbush Securities provides investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients. The firm offers a wide range of services including wealth management, fixed income, commodities, and securities lending, and manages both discretionary and non-discretionary portfolios tailored to client objectives.

Wealth management Founder/Business Owner Executive
user avatar

Collin M

Series 63, Series 65

Denver, CO

Wedbush Securities Inc.

Collin Mc Kenzie is a financial advisor at Wedbush Securities Inc. based in Denver, CO, holding Series 63 and Series 65 licenses with two years of industry experience. His prior work history includes roles at Charles Schwab and McKenzie & Snyder LLP, as well as experience in service and hospitality sectors such as The Woodcreek Club and Four Bridges Country Club. Wedbush Securities serves individual, high-net-worth, and institutional clients through a range of services including wealth management, fixed income, commodities, and capital markets. The firm offers both advisory and broker-dealer services, employing a portfolio management approach tailored to client objectives and risk tolerances.

Wealth management Founder/Business Owner Executive
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Andrew E

Series 63

Pasadena, CA

Wedbush Securities Inc.

Andrew Eismont is a financial advisor with Wedbush Securities Inc. in Pasadena, CA, holding a Series 63 designation and 32 years of industry experience. He has been with Wedbush Morgan Securities Inc. since 2007 and has worked at Brookstreet Securities since 1999. Wedbush Securities provides investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients across a range of asset classes and strategies, including wealth management, fixed income, commodities, and capital markets. The firm offers discretionary and non-discretionary portfolio management and support services such as custodial, clearing, and prime services.

Wealth management Founder/Business Owner Executive
user avatar

William B

Series 63

Radnor, PA

Wedbush Securities Inc.

William Beard is a financial advisor at Wedbush Securities Inc. with 25 years of industry experience. He previously worked at B. Riley Wealth Advisors, B. Riley Wealth Management, and Stifel Nicolaus & Co. Beard operates MJB Wealth Management Group as a marketing name for his Wedbush Securities business. Wedbush Securities provides investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients. The firm offers a range of services including wealth management, fixed income, commodities, and capital markets, with customized portfolio management strategies tailored to client objectives and risk tolerances.

Wealth management Founder/Business Owner Executive
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Jacqueline C

Series 66

Pasadena, CA

Wedbush Securities Inc.

Jacqueline Cortez is a financial advisor at Wedbush Securities Inc. in Pasadena, CA, holding a Series 66 designation with nine years of industry experience. She has been with Wedbush Securities since 2016. Outside of her advisory role, she is a part-time real estate agent with Berkshire Hathaway Home Services in Downey, CA. Wedbush Securities provides investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients, offering a range of wealth management, fixed income, commodities, and capital markets solutions. The firm’s services include discretionary and non-discretionary portfolio management, institutional research, and clearing and prime brokerage capabilities.

Wealth management Founder/Business Owner Executive
user avatar

Charles H

Series 63, Series 65

Pasadena, CA

Wedbush Securities Inc.

Charles Hilliard II is a financial advisor with Wedbush Securities Inc. in Pasadena, CA, holding Series 63 and Series 65 credentials and having 29 years of industry experience. His prior roles include positions at Kestra Investment Services, Merrill, Banc of America Investment Services, Morgan Stanley, and Ameriprise Advisor Services. Wedbush Securities provides investment advisory and broker-dealer services to individual, high-net-worth, and institutional clients, offering a range of wealth management and capital markets services including discretionary and non-discretionary portfolio management, fixed income, commodities, and securities lending.

Wealth management Founder/Business Owner Executive
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