Broker-dealer firm · Pasadena, CA
Wedbush Securities Inc.
SEC-registered investment adviser · CRD 877 · SEC 801-6358
At a glance
Wedbush Securities Inc. is an SEC-registered investment adviser based in Pasadena, California, with $6.7 billion in regulatory assets under management as of its Form ADV filed September 29, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 10,653 individual clients. By Form ADV it is a broker-dealer firm, ranked 84th of 391 broker-dealer firms and 1,740th of 17,210 SEC-registered advisers by assets.
Main office 213-688-8000wedbush.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $6.7B
- Rank among broker-dealer firms
- #84 of 391
- Rank among all SEC RIAs
- #1,740 of 17,210
- Rank in California
- #181 of 1,873
- Individual clients
- 10,653
- High-net-worth clients
- 3,138
- Accounts
- 10,833
- Discretionary
- 78% of AUM
- Employees
- 288
- Advisory staff
- 288
- Offices
- 59
Owners and executives on its Form ADV
- Gary Lance WedbushPresident, Director
- Donald Wayne HultgrenExecutive Chair, Director
- Daniel Eric BillingsExecutive Vice President, Chief Financial Officer, Director
- Robert Gerard FitzsimmonsExecutive Vice President
- Christopher Michael MoneExecutive Vice President
- Andrew Walter DruchExecutive Vice President, General Counsel, Chief Administrative Officer, Director
- Robert Edward PasetExecutive Vice President
- Kirsten Campbell FrauncesExecutive Vice President
- Francis Burke DempseyExecutive Vice President
- Erin Kathleen PrestonChief Compliance Officer
- Geoffrey Conor BlandDirector
- Rodrigo Nmn ParrodeEVP, Chief Operating Officer
Custody and brokerage
Custodian
Wedbush Securities Inc.’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Wedbush Securities Inc. is a hybrid RIA: 243 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Lightspeed Financial Services Group LLC, Trigon DOM Maklerski SPA (TDM), VTC Europe B.V., Velocity Trade Capital (PTY) LTD., Velocity Trade Capital LTD, Velocity Trade Financial Services (PTY) LTD., Velocity Trade Holdings LTD., Velocity Trade International Limited, Velocity Trade PTE. LTD., Wedbush & Co., LLC, Wedbush Europe LTD., Wedbush Securities Europe SP ZOO (poland) and Wedbush Securities Inc..
- Lightspeed Financial Services Group LLC ↗CRD 104369
An introducing broker-dealer: its trades clear through Interactive Brokers and Wedbush, which hold the brokerage accounts. Its annual audited report filed with the SEC, August 2026
- Trigon DOM Maklerski SPA (TDM)
- VTC Europe B.V.
- Velocity Trade Capital (PTY) LTD.
- Velocity Trade Capital LTD
- Velocity Trade Financial Services (PTY) LTD.
- Velocity Trade Holdings LTD.
- Velocity Trade International Limited
- Velocity Trade PTE. LTD.
- Wedbush & Co., LLC ↗CRD 328492
- Wedbush Europe LTD.
- Wedbush Securities Europe SP ZOO (poland)
- Wedbush Securities Inc. ↗CRD 877
Its Form ADV brochure (filed September 2026) names Wedbush Securities as the broker-dealer its advisers are registered with.
Generally, Financial Consultants of WS are also registered representatives of Wedbush Securities’ broker-dealer (non-advisory).
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 3,138 | $3.5B | 52% |
| Individuals | 7,515 | $3.0B | 44% |
| Corporations or other businesses | 101 | $190M | 3% |
| Charitable organizations | 26 | $60M | <1% |
| Other | 47 | $41M | <1% |
| Pooled investment vehicles | 6 | $11M | <1% |
Disciplinary disclosures
Wedbush Securities Inc. answers yes to 107 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Fixed fees
- Commissions
Form ADV and brochures on the SEC’s adviser search ↗wedbush.com ↗
AtlasMembers
The full record on Wedbush Securities Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 78 peers of its type and size
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- Owners and executives, with titles and stakes
- 12 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 3Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Wedbush Securities Inc. manage?
Wedbush Securities Inc. reports $6.7 billion in regulatory assets under management across 10,833 accounts, 78% of it on a discretionary basis, on its Form ADV filed September 29, 2026.
What kind of firm is Wedbush Securities Inc.?
Wedbush Securities Inc. is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser.
Who are Wedbush Securities Inc.’s clients?
By assets, its largest client types are high-net-worth individuals ($3.5 billion, 3,138 clients); individuals ($3.0 billion, 7,515 clients); corporations or other businesses ($190 million, 101 clients).
Does Wedbush Securities Inc. have any disciplinary history?
Wedbush Securities Inc. answers yes to 107 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Wedbush Securities Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-29), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →