Wedbush Morgan Securities Inc. (Los Angeles)

Name: Wedbush Morgan Securities Inc.
Address: Attn: Business Conduct, Los Angeles, CA, 90017
Telephone: 213-688-8000

Wedbush Morgan Securities Inc. is a large advisory firm based in Los Angeles. It manages $583.36 million of regulatory assets for 2,472 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 43 other states.

Wedbush Morgan Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wedbush Morgan Securities: assets under management

The assets under management (AUM) of Wedbush Morgan Securities Inc. is $583.36 million. The firm's AUM has grown by 1141% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $381.08 million in discretionary accounts and $202.28 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $219.89 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $273.73 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wedbush Morgan Securities Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Wedbush Morgan Securities Inc.

Jack C Davis has been acting as President since 1 Dec 1994. Eric Dean Wedbush joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward William Wedbush	Ceo & director	1 Jul 1966	Other	461221
Vaughn Thomas Hale	Senior vice president	1 Oct 1979	Other	1025723
Thomas L Ringer	Director	1 Oct 1979	Other	1479139
Marie Elaine Eaton	Compliance officer	1 Sep 1980	Other	74711
Jack C Davis	Director	1 Dec 1994	Other	2447368
Antony Peter Allmanward	Chief financial officer	1 Jun 1995	Other	1223503
E*Capital Corporation	Corporate parent	1 Dec 1996	75% - 100%	95-3565499
R James Richards	Chief operations officer & senior vice president	1 Aug 1998	Other	3120249
Harry L Langdon	Director	1 Feb 1999	Other	1533278
Sam Yellen	Director	1 Feb 1999	Other	3212913
Nancy Jane Hobbs	Director	1 Jun 1999	Other	3264928
Howard Gustave Phanstiel	Director	1 Feb 2000	Other	1688653
John Ford Luikart	Director	1 Dec 2002	Other	xxx-xx-xxxx
Demetrios A Boutris	Director	1 Jun 2004	Other	xxx-xx-xxxx
Inc. Wedbush	Corporate parent	1 Nov 2004	75% - 100%	95-3565499
Michael Gerald Gardner	Executive vice president	1 Nov 2004	Other	2803324
Gary Lance Wedbush	Executive vice president	1 Nov 2004	Other	2234455
Antony Peter Allmanward	Chief operations officer	1 Dec 2004	Other	1223503
R James Richards	Chief compliance officer & executive vice president	1 Dec 2004	Other	3120249
Charles Huang	Chief compliance officer/business conduct manager	1 Aug 2005	Other	2681964
Mary Jane Delaney	Director	1 Oct 2005	Other	xxx-xx-xxxx
Vaughn Thomas Hale	Crop	1 Oct 2005	Other	1025723
Richard Anthony Lanni	Srop	1 Oct 2005	Other	302249
Edward William Wedbush	Chief compliance officer	1 Aug 2006	Other	461221
Jeffrey M Bell	Executive vice president	1 Apr 2007	Other	4152098
Wesley Robert Long	Senior vice president, division manager	1 Apr 2007	Other	2050442
Vincent John Moy	Co-chief compliance officer	1 Jul 2007	Other	2469335
Richard Anthony Lanni	Senior vice president	1 Aug 2007	Other	302249
Darryl George David	Vice president, division manager, srop - ic	1 Aug 2007	Other	61443
James Brewster Guillou	Senior vice president, division manager, srop - pcs	1 Aug 2007	Other	231804
Eric Stuart Segall	Senior vice president, co-chief compliance officer, crop	1 Oct 2007	Other	1071881
Eric Dean Wedbush	Director	1 Apr 2010	Other	5786473

Based in Los Angeles

The principal office where Wedbush Morgan Securities Inc. performs its advisory services is located at Attn: Business Conduct, Los Angeles, CA 90017, which is also the mailing address of the firm. An additional office of the firm is in Newport Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 213-688-8000 or by fax 213-688-6653. The normal business hours are 7:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at www.wedbush.com.