The FIRST WILSHIRE SECURITIES MANAGEMENT is a privately held investment adviser that advises $415.47mn in regulatory assets under management held in 1 SEC fund types across 2 investment strategies. FIRST WILSHIRE SECURITIES MANAGEMENT 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 39.9% over the last 5-years.
The Group has been registered with the SEC for 46.21 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 200 SOUTH LOS ROBLES AVE. SUITE 620, PASADENA, CALIFORNIA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 9 employees comprised of 6 investment and 3 non-investment staff. The total number of Employees decreased by 18.18% over the last 5-years.
Their $415.47mn in assets advised are owned by 2 private funds, 0 public funds and BDCs and 9 other accounts. Assets of High Net Worth Individuals clients own $305.66mn or 73.57% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $55.73mn or 13.41% of Total Assets.
The Group's top investment strategies include Long/Short Equity and Multi Strat, representing 85.72% and 14.28% of total assets, respectively.
They advise 5 types of clients, top clients are High Net Worth Individuals and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 2 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
FIRST WILSHIRE SECURITIES MANAGEMENT names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.