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
1000 Wilshire Blvd, Ste 900, Los Angeles, CA, 90017
Get directionsRegulatory History (1)
Customer Dispute
January 2000Other Business Activities
Albert is the chairman of the deacon board member for Salinas Chinese Christian Church, a commissioner for the City of Salinas Library Community Service, and a board member for the Chinese American Citizen Alliance-National. These activities involve church operations, community service advocacy, and promoting civic pride, respectively, and take minimal time.