Wedbush Securities Inc.

Broker-DealerFINRA Member
Total AUM
$6.7B
Discretionary
$5.3B
78% of AUM
Accounts
10,833
Employees
288
Advisory reps
493
Brokerage reps
243

Firm details

Headquarters
Pasadena, California
CRD number
877
Registered since
February 27, 1970
Website
www.wedbush.com
Fee structure
Percentage of AUM, Fixed Fees, Commissions
Client types
  • HNWI51.77%
  • Individuals43.76%
  • Corporations / Businesses2.82%
  • Charitable Organizations0.89%
  • Other0.6%
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 U.S. brokerage and capital markets firm that is SEC-registered (registration year: 1970). The firm functions across multiple roles: broker-dealer, futures commission merchant and insurance broker, and it is also classified as a qualified custodian and an investment bank. Wedbush serves both individual/family and institutional clients and is identified as a capital allocator. Its fee mix includes percentage-of-AUM billing, fixed fees and commissions. Advisory services reported include financial planning, portfolio management for individuals and businesses, pension consulting, selection of other advisers and educational seminars. The firm does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

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Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 44%, Private Funds 42%, Cash & Cash Equivalents 7%, US Government Bonds 2%, Investment Grade Corp Bonds 2%, Non-Exchange Traded Equities 1%, State & Local Bonds 1%, Non-Investment Grade Corp Bonds 1%44%
  • Exchange Traded Equities44%
  • Private Funds42%
  • Cash & Cash Equivalents7%
  • US Government Bonds2%
  • Investment Grade Corp Bonds2%

Owners & executives

3 of 23
  • Anthony Iarocci

    Anthony Iarocci

    Chief Executive OfficerCRD 858828

  • John Knoth

    Independent ContractorCRD 869097

  • Helene Shafiyan

    Helene Shafiyan

    Independent ContractorCRD 1086870

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Contacts

3 of 470

  • Eliza Forastieri-Pitsikalis

    Vice PresidentCRD 5768708

  • Timothy Canty

    Timothy Canty

    Vice President, InvestmentsCRD 5859611

  • Dimitri Sandeman

    Dimitri Sandeman

    Investment ExecutiveCRD 5249538

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Wealth teams

FINTRX

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 647

Active vs passive

$1.7B in ETFs

Passive

79%

$1.3B

Active

16%

$352M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD S&P 500 ETF (VOO)VanguardPassiveLarge Blend$418M596,36824.69%
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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