# Wedbush Securities

Wedbush Securities is a Bank / Wealth / Trust based in Pasadena, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Pasadena, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Founded:** 1955
- **Assets under management:** Undisclosed
- **Website:** wedbush.com
- **Wikidata:** Q7979028

## Regulatory record

- **CRD number:** 877
- **SEC file number:** 801-6358
- **Registration status:** Registered
- **Reports private funds:** No

## About

Wedbush Securities is an SEC-registered investment adviser in Pasadena, CA, since 1970. The firm manages $5.7 billion in assets, with $3.9 billion on a discretionary basis. It has 897 employees and 202 investment advisers.

## Sectors

- Financial Services
- Real Estate
- Private Credit
- Hedge Funds
- Enterprise Software
- Healthcare Services

## Offices

- San Francisco, CA
- New York, NY
- Stamford, CT
- Pasadena, CA
- Greenwich, CT
- Baltimore, MD
- Dallas, TX
- Philadelphia, PA
- London, United Kingdom

## People

- Edward Wedbush — Co-Founder
- Richard Jablonski — Executive Vice President

## Questions

### Is Wedbush Securities still an independent firm?

Yes, Wedbush Securities remains privately held and employee-owned, a status it has maintained since its founding in 1955. The firm has not been acquired by a larger bank holding company or financial conglomerate. Its independence is a defining structural feature that shapes its corporate governance and client relationships.

### What does Wedbush's investment banking division focus on?

Wedbush's investment banking group provides corporate finance and advisory services with a focus on middle-market companies. Key sectors include technology, financial services, healthcare, real estate, and consumer products. The division executes public offerings, private placements, and M&A advisory mandates, primarily for US-based companies.

### How does Wedbush's clearing division operate?

Wedbush operates a significant correspondent clearing business that provides trade execution, settlement, and custody services to over 100 independent broker-dealers across the United States. This division functions as a critical back-office utility, allowing smaller wealth management firms to operate without building their own clearing infrastructure. It represents a distinct and recurring revenue stream separate from Wedbush's own advisory and banking activities.

### Does Wedbush participate in alternative investments or private equity?

Wedbush Opportunity Partners functions as the firm's private equity arm, pursuing control and minority investments in lower-middle-market companies. The firm also offers alternative investment products through Wedbush Asset Management, including hedge fund strategies and private credit exposure, primarily for its institutional and high-net-worth client base.

### Who currently leads the firm's strategic direction?

The firm's senior leadership includes Richard Jablonski, who was named Executive Vice President in November 2024. Edward Wedbush, the co-founder, remains a guiding figure. As a private, employee-owned entity, governance is shared among a partnership group, though specific day-to-day investment committee authority is not publicly detailed.

### What is Wedbush's research known for on Wall Street?

Wedbush Securities is known for equity research coverage in the technology, media, and gaming sectors. Its analysts cover major publicly traded companies and sector trends, with a reputation for detailed financial modeling and direct corporate access. The research division primarily serves institutional investors and contributes to the firm's broader capital markets positioning.

### Where does Wedbush Securities have physical offices?

The firm's headquarters is in Los Angeles, with additional offices in San Francisco, New York, Stamford, Pasadena, Greenwich, Baltimore, Dallas, Philadelphia, and London. This geographic footprint reflects a bi-coastal US presence with a single European office servicing cross-border institutional clients.

## Related profiles

- [WEC Energy Group](https://altss.com/profile/wec-energy-group-wec)
- [Wedeco](https://altss.com/profile/wedeco)

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Updated: 2026-06-03T20:00:00.000Z

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