The WEDBUSH GROUP is a privately held investment adviser that advises $8.9Bn in regulatory assets under management held in 1 SEC fund types across 2 investment strategies. WEDBUSH GROUP is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 136.61% over the last 5-years.
The Group has been registered with the SEC for 56.46 years and is comprised of 6 filing and 0 relying advisers. They operate out of 37 office locations with their Headquarters at ATTN: COMPLIANCE DEPT. 225 S. LAKE AVE PENTHOUSE, PASADENA, CALIFORNIA. The Group has been subject to regulatory enforcement actions. They are regulated by 10 US and Non-US bodies.
They have 943 employees comprised of 229 investment and 714 non-investment staff. The total number of Employees increased by 11.33% over the last 5-years.
Their $8.9Bn in assets advised are owned by 5 private funds, 4 public funds and BDCs and 188 other accounts. Assets of High Net Worth Individuals clients own $4.17Bn or 46.78% of Total Assets and Individuals own $3.04Bn or 34.09% of Total Assets.
The Group's top investment strategies include Long/Short Equity and Early Stage, representing 98.45% and 1.55% of total assets, respectively.
They advise 7 types of clients, top clients are High Net Worth Individuals and Individuals.
The Group uses 1 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 2 private funds with $15.86mn in assets.
The Group discloses advisory fees, fixed fees and management fees.
WEDBUSH GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 1 fund.