Wedbush Securities Inc. logo

Wedbush Securities Inc.

Updated today

Client assets under management

$5,386,744,634

Clients

9,927

27% high-net-worth

Advisors

218

of 897 employees

Firm type

Multi-team

30-300 advisors or >$3B in AUM

Clients per advisor

46

Low

Average account size

$542,636

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

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

Expertise

Wealth management Retirement plans for business owners (SEP, solo 401k)

Occupation focus

Founder/Business Owner

Want help finding the right advisor?

Answer a few questions to see advisors matched to you.

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; commissions retained by WS when acting as broker

Other

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 location

Wedbush Securities Inc.

Attn: Compliance Dept., 225 S. Lake Ave Penthouse

Pasadena CA 91101, United States

Number of offices

59

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

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 at Wedbush Securities Inc. with 38 years of industry experience. He holds Series 63 and Series 65 designations and has previously worked at B. Riley Wealth Advisors, B. Riley Wealth Management, and Stifel Nicolaus & Co. Kaskey also operates MJB Wealth Management Group as a marketing name for his securities business at Wedbush Securities. Wedbush Securities serves a diverse client base including individual, high-net-worth, foundation, and institutional investors. The firm offers a range of brokerage and SEC-registered advisory services, combining broker-dealer, capital markets, custody, clearing, and prime services with managed account solutions.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

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 31 years of industry experience. Prior to joining Wedbush in 2018, he worked at RBC Capital Markets from 2014 to 2018. Outside of his advisory role, he works as an independent contractor and retail marketing consultant. Wedbush Securities serves a diverse client base including individual and high-net-worth investors, foundations, and institutional clients, offering brokerage and SEC-registered investment advisory services across wealth management, fixed income, commodities, and capital markets. The firm operates multiple managed account and wrap fee programs alongside commission-based brokerage arrangements, and provides clearing, custodial, and prime services tied to commodities and derivatives.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Thomas P

Series 63

Anchorage, AK

Wedbush Securities Inc.

Thomas Packer is a financial advisor with Wedbush Securities Inc. in Anchorage, Alaska. He holds a Series 63 designation and has 37 years of industry experience, having worked with Wedbush Morgan Securities Inc. since 1988. Wedbush Securities serves a diverse client base including individual and high-net-worth investors, foundations, and institutional clients. The firm offers a range of brokerage and SEC-registered investment advisory services, combining broker-dealer, capital markets, custody, clearing, and prime services across multiple asset classes.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

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 over 41 years of industry experience. He has worked at Wedbush Securities since 2013 and concurrently with Vulcan Securities LLC since 2002. Wedbush Securities serves a diverse client base including individual, high-net-worth, foundation, and institutional investors. The firm offers brokerage and SEC-registered investment advisory services, combining capital markets, custody, clearing, and prime services with a range of managed account and commission-based solutions.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

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, Series 65, and Series 66 designations and has previously worked at Bank of America, Merrill, CUSO Financial Services, and Hawaiiusa Federal Credit Union. Outside of finance, he works as a freelance service technician for a body contouring machine. Wedbush Securities serves a diverse client base including individual and high-net-worth investors, foundations, and institutional clients, offering brokerage and SEC-registered advisory services. The firm provides a range of managed account solutions alongside commission-based brokerage arrangements and operates clearing, custodial, and prime services tied to commodities and derivatives.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Cole P

Series 66

Denver, CO

Wedbush Securities Inc.

Cole Petersen is a financial advisor at Wedbush Securities Inc. based in Denver, CO, holding a Series 66 designation with seven years of industry experience. His prior work includes roles at Edward Jones and Brokers Guild, among others. Wedbush Securities serves a diverse client base, including individual and high-net-worth investors, foundations, and institutional clients, offering brokerage and SEC-registered investment advisory services across wealth management, fixed income, commodities, and capital markets. The firm combines broker-dealer and capital markets functions with clearing, custodial, and prime services, supporting a range of managed account and commission-based arrangements.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Jonathan N

Series 66

Newport Beach, CA

Wedbush Securities Inc.

Jonathan Norberg is a financial advisor at Wedbush Securities Inc. in Newport Beach, CA, holding a Series 66 designation with nine years of industry experience. He previously worked at Standard Investment Chartered from 2012 to 2017 before joining Wedbush Securities, where he has been since 2017. Wedbush Securities serves a diverse client base including individual and high-net-worth investors, foundations, and institutional clients, offering brokerage and SEC-registered investment advisory services across wealth management, fixed income, commodities, securities lending, and capital markets. The firm combines broker-dealer and capital markets functions with custody, clearing, and prime services, managing approximately $5.68 billion in regulatory assets.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Lawrence B

Series 63

Tarzana, CA

Wedbush Securities Inc.

Lawrence Brown is a financial advisor with Wedbush Securities Inc. in Tarzana, CA, holding a Series 63 designation and 43 years of industry experience. He has been with Wedbush Morgan Securities since 2002. Wedbush Securities serves a diverse client base including individual and high-net-worth investors, foundations, and institutional clients, offering brokerage and SEC-registered investment advisory services. The firm provides a range of managed account solutions and combines broker-dealer, capital markets, clearing, and prime services, including commodities and derivatives activities.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

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 licenses and previously worked at Stifel Nicolaus & Co. Inc. from 2013 to 2019. He is also president of MK Wealth Management LLC, a related investment business. Wedbush Securities serves a diverse client base including individual, high-net-worth, foundation, and institutional investors. The firm offers a range of brokerage and SEC-registered advisory services, combining capital markets, clearing, and prime services with managed account solutions.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Kevin J

Series 63, Series 65

Lake Oswego, OR

Wedbush Securities Inc.

Kevin Jordan is a financial advisor with Wedbush Securities Inc. in Lake Oswego, OR. He holds Series 63 and Series 65 licenses and has 30 years of industry experience, including 17 years with Wedbush. Outside of his advisory role, he is the owner of an investment-related LLC that manages rental properties. Wedbush Securities serves a diverse client base including individual, high-net-worth, foundation, and institutional investors. The firm offers brokerage and SEC-registered investment advisory services, combining capital markets, clearing, custody, and prime services with managed account solutions.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Collin M

Series 63, Series 65

Denver, CO

Wedbush Securities Inc.

Collin Mc Kenzie is a financial advisor at Wedbush Securities Inc. in Denver, CO, holding Series 63 and Series 65 licenses with one year of industry experience. His prior roles include positions at Charles Schwab and McKenzie & Snyder LLP. Wedbush Securities serves a diverse client base including individual and high-net-worth investors, foundations, and institutional clients, offering brokerage and SEC-registered investment advisory services across multiple asset classes and managed account solutions. The firm combines broker-dealer and capital markets functions with clearing, custodial, and prime services, supporting commodities and derivatives activities.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

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 license and bringing 31 years of industry experience. He has worked at Wedbush Morgan Securities Inc. since 2007 and Brookstreet Securities since 1999. Wedbush Securities serves a diverse client base including individual and high-net-worth investors, foundations, and institutional clients, offering brokerage and SEC-registered advisory services across wealth management, fixed income, commodities, and capital markets. The firm manages approximately $5.68 billion in regulatory assets and provides a range of managed account solutions alongside commission-based brokerage arrangements.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
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 holds a Series 63 designation and has previously worked at B. Riley Wealth Advisors, B. Riley Wealth Management, and Stifel Nicolaus & Co. Beard is also associated with MJB Wealth Management Group, a marketing name for Wedbush Securities. Wedbush Securities serves a diverse client base including individuals, high-net-worth investors, foundations, and institutions, offering brokerage and registered investment advisory services across wealth management, fixed income, commodities, and capital markets. The firm manages approximately $5.68 billion in regulatory assets and provides a range of managed account solutions alongside commission-based brokerage arrangements.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Jacqueline C

Series 66

Pasadena, CA

Wedbush Securities Inc.

Jacqueline Cortez is a financial advisor at Wedbush Securities Inc. with eight years of industry experience. She holds a Series 66 designation and has been with Wedbush Securities since 2016. Prior to joining Wedbush, she worked at CSUDH for two years. Outside of her advisory role, she works part-time as a real estate agent with Berkshire Hathaway Home Services. Wedbush Securities serves a diverse client base including individual, high-net-worth, foundation, and institutional investors, offering brokerage and SEC-registered investment advisory services across wealth management, fixed income, commodities, and capital markets. The firm provides a range of managed account solutions, clearing and custodial services, and operates prime services tied to commodities and derivatives.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Charles H

Series 63, Series 65

Placentia, CA

Wedbush Securities Inc.

Charles Hilliard II is a financial advisor with Wedbush Securities Inc. in Placentia, CA, holding Series 63 and Series 65 designations and bringing 28 years of industry experience. His career includes multiple tenures at Wedbush Securities since 2017, as well as a period at Kestra Investment Services, LLC from 2015 to 2017. Wedbush Securities serves a diverse client base including individual and high-net-worth investors, foundations, and institutional clients, offering brokerage and SEC-registered advisory services across wealth management, fixed income, commodities, and capital markets. The firm operates managed account programs alongside commission-based brokerage arrangements and provides clearing, custodial, and execution services with a notable integration of broker-dealer, commodities, and prime services.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
Warmer team member

Not sure where to start?

We'll help you think it through — whether you ultimately need an advisor or not.

Warmer helps you compare advisors clearly — so you can choose with confidence.

Find your advisor
Discover

Compare top advisor firms by metric, firm size, and location.

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")