Wedbush Securities

What Wedbush Securities does

Wedbush Securities is a privately held, independent financial services firm founded in 1955 and headquartered in Pasadena, California, operating as the largest subsidiary of Wedbush Financial Services. The firm provides securities brokerage, wealth management, investment banking, capital markets, and multi-asset clearing and prime services through nearly 900 colleagues, nearly 200 dedicated investment professionals, and more than 100 registered offices across the United States, with international reach via a Global Capital Markets platform covering 350+ US stocks and 725+ international stocks through partner relationships. Its core product set is organized into four divisions: Wealth Management (financial planning, investment solutions, retirement planning, lending and checking, and the Wedbush NEXT mobile application); Investment Banking & Capital Markets (sector-specialized M&A advisory and equity/debt capital markets across Life Sciences, Disruptive Tech/Media/Sports, Financial Institutions & Real Estate, Consumer, and Equity Capital Markets, supported by an equity research franchise); Multi-Asset Clearing & Prime Services (global clearing and execution across asset classes for broker-dealers and trading firms); and Wedbush Funds (proprietary ETFs including IVES and IVEP). The firm is registered with the SEC, FINRA, NYSE, SIPC, and MSRB.

Revenue is generated through a mix of recurring advisory and management fees on wealth management and ETF AUM, transaction-based fees in investment banking (M&A advisory, underwriting, and equity/debt capital markets), clearing and prime brokerage fees from institutional clients, and commission-based brokerage activity. Go-to-market is sales-led: HNW individuals and families are served directly through advisor relationships across the 100+ office footprint, institutional clients are covered through sales-trading and prime brokerage desks, and corporate clients are served by sector-focused investment bankers. The firm has invested materially in proprietary clearing and risk infrastructure, including the XTP for Event Contracts platform deployed with ION in under six weeks in December 2025 and a real-time intraday margin framework implemented ahead of the June 2026 PDT rule modernization. Wedbush has positioned itself as an early-mover infrastructure provider for prediction markets and 24/7 cryptocurrency futures, having cleared more than 1 billion prediction market contracts as of May 31, 2026 and supporting CME Group's round-the-clock crypto derivatives launch in May 2026.

Name

Wedbush Securities

Legal name

Wedbush Securities Inc.

Website

https://wedbush.com

Company type

Private

Founded year

1955

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Wedbush Securities is a privately held, independent financial services firm founded in 1955, offering wealth management, investment banking, capital markets, and multi-asset clearing and prime services to HNW individuals, institutional investors, corporations, and broker-dealers through ~900 employees and 100+ offices.

Ownership category

akta.pro rank

Product category

Securities Brokerage & Investment Banking

NAICS

Portfolio Management and Investment Advice (523940), Investment Banking and Securities Intermediation (523150), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Private Banking & UHNW Wealth Advisory (FSAEABAC)

Keywords

• Wealth management services
• Investment banking
• Securities brokerage
• Capital markets
• Multi-asset clearing

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Wealth Management & Advisory Services: Comprehensive wealth management, brokerage and advisory services delivered through nearly 200 investment professionals. Revenue generated through advisory fees, commissions on securities transactions, and management fees for managed accounts.
2. Investment Banking & Capital Markets: Full-service investment banking including M&A advisory, capital raising (equity and debt capital markets), and strategic advisory services. Revenue generated through transaction-based fees, underwriting fees, and advisory retainers.
3. Multi-Asset Clearing & Prime Services: Global clearing and execution services across all asset classes for broker-dealers, trading firms, and professional traders. Revenue generated through clearing fees, prime brokerage charges, and transaction fees.
4. Equity Research & Sales Trading: Equity research coverage and sales trading services to institutional clients. Revenue generated through soft dollar arrangements, commission sharing, and subscriptions for research access.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Wedbush Securities is an independent, private financial services firm providing wealth management, investment banking, capital markets, and multi-asset clearing and prime services. The firm delivers brokerage, advisory, M&A advisory, equity and debt capital markets, equity research, futures clearing, and proprietary ETF products to individual, institutional, and corporate clients through nearly 200 investment professionals across 100 registered offices in the United States.

Product overview

Wedbush Securities is an independent financial services firm offering a comprehensive suite of wealth management, investment banking, and capital markets products and services. The firm operates several core divisions: Wealth Management provides financial planning and advisory services; Investment Banking & Capital Markets offers M&A advisory, equity/debt capital markets, and equity research across sectors including Technology, Life Sciences, and Financial Institutions; and Multi-Asset Clearing & Prime Services provides global clearing and execution across all asset classes. The firm has expanded into digital offerings including the Wedbush NEXT mobile app, ETF products (IVES, IVEP), and prediction market clearing services. Client access is provided through ClientLink online portal. Founded in 1955 and headquartered in Los Angeles with offices nationwide, Wedbush serves individual, institutional, and corporate clients.

Differentiator

Problem solved

Functional benefit

Brands

• Wedbush NEXT: Mobile application designed to give clients more flexibility in how to track, manage, and help grow their finances, including spend accounts, savings goals, and automated investing portfolios.
• IVES ETF (Dan Ives Wedbush AI Revolution ETF)
• IVEP ETF (AI Power & Infrastructure ETF)

Products and services

• Wealth Management
• Investment Banking & Capital Markets
• Multi-Asset Clearing & Prime Services
• IVES ETF (Dan Ives Wedbush AI Revolution ETF)
• IVEP ETF (AI Power & Infrastructure ETF)
• Wedbush NEXT

Quantifiable outcome

• Over $1 billion in prediction market contracts cleared as of May 31, 2026
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered core, flagship and minor.

• CME GroupcoreStrategic or Co-development Partner · 29 May 2026Wedbush is among the first platforms supporting CME Group's 24/7 cryptocurrency futures and options trading launched May 29, 2026. The partnership enables continuous access to regulated crypto derivatives including Bitcoin Volatility futures.
• Dan Ives / SolactiveflagshipStrategic or Co-development Partner · 29 April 2026Wedbush and analyst Dan Ives launched the IVEP (AI Power & Infrastructure ETF), tracking the Solactive Wedbush AI Power & Infrastructure Index. The fund holds industrial companies like GE Vernova, Energizer, and Eaton that provide power, cooling, and grid modernization for AI data centers.
• IONcoreTechnology or Integration · 1 December 2025Wedbush partnered with ION to deploy the XTP (XTP for Event Contracts) platform, a fully automated real-time solution enabling Futures Commission Merchants to process event-based contracts and prediction markets 24x7. The platform was deployed in under six weeks and went live in December 2025, positioning Wedbush as an industry pioneer in event contracts.
• CME GroupcoreStrategic or Co-development Partner · 1 December 2025Wedbush has supported prediction market products since their launch by CME in mid-December 2025, providing technology, operational support, risk management, and clearing infrastructure. The firm also supports CME Group's 24/7 cryptocurrency futures trading launched in May 2026 and has cumulatively cleared over one billion prediction market contracts.
• CME GroupcoreStrategic or Co-development Partner · 1 December 2025Wedbush partnered with CME Group to launch XTP for Event Contracts, enabling 24x7 processing of event-based contracts and prediction markets. The firm was among the first Futures Commission Merchants ready to clear these products for prediction markets covering benchmarks, economic indicators, politics, and sports.
• TrigonminorStrategic or Co-development Partner · 16 June 2025Wedbush Financial Services acquired a minority interest in Trigon, establishing a strategic partnership to expand global reach and enhance client solutions.
• MaybankminorStrategic or Co-development Partner · 1 February 2023Wedbush Securities and Maybank agreed to a cross-border trading alliance, enabling expanded global market access and enhanced client solutions across both firms' customer bases.

Scale indicators8 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Allen & Company: Private, boutique investment bank focused on technology, media, and entertainment M&A. Closely comparable to Wedbush's Disruptive Technology, Media, and Sports IB practice in scale, ownership structure, and sector specialization.
• Robert W. Baird: Employee-owned, independent full-service broker-dealer offering wealth management, investment banking, equity research, and institutional services. Most direct comparable given diversified service mix, private ownership, and similar scale of operations.
• William Blair: Private, employee-owned full-service firm with strong investment banking, institutional brokerage, and wealth management practices. Highly comparable in private ownership, research-driven culture, and growth-company focus.
• D.A. Davidson: Private, employee-owned broker-dealer offering wealth management, investment banking, and capital markets. Comparable in independent ownership structure, multi-line service model, and mid-market focus.
• Stifel Financial: Public, mid-market-focused full-service broker-dealer with wealth management, investment banking, and institutional brokerage. Highly comparable across service lines, including a strong technology and life sciences IB practice where it competes head-to-head with Wedbush.
• Piper Sandler: Public, mid-market broker-dealer focused on investment banking (especially healthcare, technology, and consumer) and public finance. Closely comparable on the IB/Capital Markets side and a strong competitor in technology and growth-sector advisory.

Broad incumbents

• Jefferies Financial Group: Public, full-service broker-dealer with investment banking, equities, fixed income, and prime services. Comparable on institutional brokerage, clearing, and growth-company IB; competes with Wedbush in tech and growth-sector advisory.
• Interactive Brokers: Public, technology-led broker-dealer providing global multi-asset trading, clearing, and prime brokerage. Comparable in clearing/prime services and active-trader focus; a key competitor for Wedbush's clearing and futures business.
• Cantor Fitzgerald: Private broker-dealer with strong fixed income, equities, and prime services business. Comparable in private ownership, clearing/prime brokerage capabilities, and aggressive growth in newer asset classes (including crypto).
• Raymond James Financial: Large, diversified public broker-dealer offering wealth management, investment banking, and asset management with national scale. Overlaps broadly with Wedbush across all three service lines but operates at significantly greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Wedbush
• Facebookfacebook.com/Wedbush
• LinkedInlinkedin.com/company/wedbush
• Instagraminstagram.com/wedbushsecurities

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments12 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wedbush Securities