Wedbush Securities Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$5,386,744,634
Clients
9,927
Advisors
216
across 60 offices
About
Wedbush Securities serves a broad client mix including individual and high‑net‑worth investors, foundations and institutional clients, and offers both brokerage and SEC‑registered investment advisory services across wealth management, fixed income, commodities, securities lending, capital markets, advanced clearing and prime services. The firm reports approximately $5.68 billion in regulatory assets under management and operates multiple managed account and wrap fee programs alongside commission‑based brokerage arrangements.
The firm provides discretionary and non‑discretionary managed accounts, separately managed and unified managed account solutions, and impersonal paid Research Services offered to institutional clients; Financial Consultants manage accounts in accordance with client objectives while Research Services are delivered as general, non‑personalized reports and may be funded by cash payments or commissions under Section 28(e). Wedbush also performs clearing, custodial and execution functions for client accounts and describes account structures that include transaction‑based fee arrangements and Independent Contractor platforms that may assess per‑trade charges.
What is distinctive in this brochure compared with many enterprise advisers is the firm's mix of broker‑dealer and capital markets functions with custody/clearing and prime services tied to commodities and derivatives activity — the document describes the firm clearing and settling transactions, providing custodial services and operating commodities and prime services businesses, and notes affiliated futures and swap‑related activities and continued use of commission‑based execution and payment‑for‑order‑flow arrangements. The brochure also discloses a history of regulatory enforcement matters and settlements addressing recordkeeping, customer protection and supervisory deficiencies, which it describes alongside its policies for research conflicts, personal trading controls and compliance oversight.
Client services
Expertise
Occupation focus
Fee options
$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
Transaction-based fees for Discretionary Managed Transactional (DMT) accounts; commissions retained by WS when acting as broker
Account minimum: $25,000 Minimum fee: $250 annually for DMI-IC accounts; $500 annually for SDI-IC accounts; $1,000 annually for MMA, SMA, UMA accounts Fee-only: Financial Planning fees charged separately based on complexity and time allocated; negotiable fees for advisory services
Main office
See office225 S. Lake Ave Penthouse
Pasadena CA 91101
Advisors at this office
42
Offices (60)
Pasadena, CA 225 S. Lake Ave Penthouse
225 S. Lake Ave Penthouse, Pasadena, CA 91101
42 advisors
Pasadena, CA 225 S Lake Ave Penthouse
225 S Lake Ave Penthouse, Pasadena, CA 91101
36 advisors
Seattle, WA
Two Union Square Ste 5050 601 Union Street, Seattle, WA 98101
13 advisors
Denver, CO
Metropoint I 4600 So. Ulster St #1350, Denver, CO 80237
10 advisors
Newport Beach, CA Newport Center Dr
500 Newport Center Dr Ste 850, Newport Beach, CA 92660
10 advisors
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
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Is not active or affiliated with:
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
Quick links
Advisors at this firm
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