# Wedbush Securities Inc.

> Wedbush Securities Inc. is an SEC-registered investment advisory firm in Pasadena, CA, registered since 1970, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 29, 2026.

- CRD: 877
- Filed as: WEDBUSH SECURITIES INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Pasadena, CA
- Filing period: October 2026
- Form ADV filing dated: September 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/877
- AdvisorCensus page: https://advisorcensus.com/firm/wedbush-securities-inc-pasadena-ca-877

## Quick answers

**How is Wedbush Securities Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Wedbush Securities Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); commissions. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Wedbush Securities Inc. located?**
Wedbush Securities Inc.'s principal office is in Pasadena, CA, according to its Form ADV; the October 2026 filing also lists 35 other offices (Schedule D, Section 1.F).

**Is Wedbush Securities Inc. registered with the SEC or a state?**
Wedbush Securities Inc. is an SEC-registered investment advisory firm, registered since 1970. Status as filed: Approved. CRD 877.

**How much does Wedbush Securities Inc. manage?**
Wedbush Securities Inc. reports $6,748,146,144 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (78% discretionary).

**How have Wedbush Securities Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Wedbush Securities Inc.: Regulatory assets under management: $4,143,006,668 in the October 2021 data and $6,748,146,144 in the October 2026 data, up 63%. Total employees: 900 in October 2021 and 288 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Wedbush Securities Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (7,515); high net worth individuals (3,138); corporations or other businesses not listed above (101).

**Does Wedbush Securities Inc. report any disciplinary disclosures?**
Reports 8 disclosure items on Form ADV Item 11: yes answers to 7 questions about regulatory matters and 1 question about civil court matters (11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.E(2), 11.E(4), 11.H(1)(b)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/877

**What changed in Wedbush Securities Inc.'s recent Form ADV filings?**
In the October 2026 filing data: Employees performing advisory functions went from 202 to 288. Regulatory assets under management went from $5,684,848,455 to $6,748,146,144 (+19%). Changed its office addresses in Eugene, OR. Changed its office addresses in Greensboro, NC. Changed its office addresses in Radnor, PA. Changed its office addresses in Tustin, CA. Added an office in Billings, MT. Added an office in Cleveland, OH. Added an office in Grand Rapids, MI. Added an office in Kalamazoo, MI. Added an office in Middleburg, VA. Added an office in San Francisco, CA. Added an office in Walnut Creek, CA. No longer lists an office in Hemet, CA. No longer lists an office in Los Angeles, CA. No longer lists an office in Seattle, WA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Commissions

### Regulatory assets under management (Item 5.F)
- Total: $6,748,146,144
- Discretionary: $5,251,067,567
- Non-discretionary: $1,497,078,577

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 7,515 | $2,953,088,467 |
| High net worth individuals | 3,138 | $3,493,450,091 |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $11,022,287 |
| Charitable organizations | 26 | $59,754,590 |
| Corporations or other businesses not listed above | 101 | $190,105,668 |
| Other | 47 | $40,725,041 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 1970 (56 years)
- Employees: 288 total, 288 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 8 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?
- 11.H(1)(b): Has a domestic or foreign court ever found that the firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/877

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- American Fork, UT
- Anchorage, AK
- Armonk, NY
- Billings, MT
- Carlsbad, CA
- Cleveland, OH
- Dallas, TX
- Denver, CO
- Eugene, OR
- Grand Rapids, MI
- Greensboro, NC
- Henderson, NV
- Honolulu, HI
- Jupiter, FL
- Kalamazoo, MI
- La Jolla, CA
- Lake Oswego, OR
- Middleburg, VA
- New York, NY
- Newport Beach, CA
- Pasadena, CA
- Radnor, PA
- Redwood City, CA
- Roseville, CA
- Sacramento, CA
- San Diego, CA
- San Francisco, CA
- San Juan Capistrano, CA
- Santa Rosa, CA
- Scottsdale, AZ
- Seattle, WA
- Tustin, CA
- Walnut Creek, CA
- Westlake Village, CA
- Woodland Hills, CA

### Websites listed on Form ADV (Item 1.I)
- wedbush.com
- Facebook @Wedbush
- LinkedIn @wedbush
- X @Wedbush

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,143,006,668 | 900 | September 30, 2021 |
| October 2022 | $3,857,311,726 | 920 | September 30, 2022 |
| October 2023 | $4,501,949,934 | 953 | September 29, 2023 |
| October 2024 | $5,740,403,431 | 950 | September 30, 2024 |
| October 2025 | $5,740,403,431 | 950 | June 3, 2025 |
| October 2026 | $6,748,146,144 | 288 | September 29, 2026 |

Regulatory assets under management: $4,143,006,668 in the October 2021 data and $6,748,146,144 in the October 2026 data, up 63%.
Total employees: 900 in October 2021 and 288 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Employees performing advisory functions went from 202 to 288.
- Regulatory assets under management went from $5,684,848,455 to $6,748,146,144 (+19%).
- Changed its office addresses in Eugene, OR.
- Changed its office addresses in Greensboro, NC.
- Changed its office addresses in Radnor, PA.
- Changed its office addresses in Tustin, CA.
- Added an office in Billings, MT.
- Added an office in Cleveland, OH.
- Added an office in Grand Rapids, MI.
- Added an office in Kalamazoo, MI.
- Added an office in Middleburg, VA.
- Added an office in San Francisco, CA.
- Added an office in Walnut Creek, CA.
- No longer lists an office in Hemet, CA.
- No longer lists an office in Los Angeles, CA.
- No longer lists an office in Seattle, WA.

### December 2025
- Employees performing advisory functions went from 214 to 202.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Wedbush Securities Inc. (CRD 877): Form ADV filing data as of October 2026.