Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 3.00% |
| $250K - $500K | 2.80% |
| $500K - $1.0M | 2.50% |
| $1.0M - $3.0M | 1.90% |
| $3.0M - $5.0M | 1.60% |
| $5M+ | 1.60% |
Fees negotiable for accounts over $5,000,001.
Fee Estimator
Wedbush Securities offers financial planning services for a separate fee, documented in a Financial Planning Agreement. The fees depend on the time allocated and the complexity of the plan. For Discretionary Managed Account – Independent Contractor (DMI-IC) and Self-Directed Investment Advisory Accounts – Independent Contractor (SDI-IC), the minimum to open an account is $25,000, but this may be waived. Fees are negotiable and billed quarterly in advance, subject to a minimum quarterly fee of $62.50 ($250 annually) for DMI-IC and $125 ($500 annually) for SDI-IC. There is no termination fee, and terminations result in a pro-rata return of fees billed but not yet incurred. For accounts over $5,000,001, fees are negotiable. Financial Consultants on the DMI-IC and SDI-IC platform typically assess (1) transactional charges of $14.00 per trade and (2) an activity assessment fee of $5.95 per trade.
Areas of Practice
Advisor Information
Office location
500 Newport Center Dr, Ste 850, Newport Beach, CA, 92660
Get directionsRegulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
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Anthony is the secretary and a board member for Safety Systems Technology (NV), Inc., spending minimal time on this role. He is also an investment associate with Tony May Wealth Management Group of Wedbush Securities, but devotes no time to this team marketing name.