DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
Former SEC-registered adviser
Wedbush Asset Management, LLC
Latest filing Dec 16, 2016
First filing on the tape Feb 14, 2012 · 14 filings
RAUM
$115M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
13
9 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
1
$79.4M gross assets
History
14 filings and snapshots on the tape
RAUM$229M as of Sep 9, 2016
Sep 26, 2012$189M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Sep 9, 2016
Sep 26, 20130 then
Employees (5.A)16 as of Sep 9, 2016
Sep 26, 201322 then
Private funds2 as of Sep 9, 2016
Sep 26, 20128 then
RAUM -52% over the last fiscal year-21% a year over threeIARs 1 to 0
Practice profile
derived from the filing of Dec 16, 2016; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $1.5MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -4.7%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisers, publicationsreportedItem 5.G
- Custody
- yesreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 74reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- $0 for 0 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
- Mark Gerard Madden to Fisher InvestmentsFeb 23, 2017 · Other
Joined, latest
- Mark Gerard Madden from Wedbush Securities Inc.Apr 23, 2014 · Other
Private funds
9 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Wedbush Opportunity Partners, L.P. | Hedge Fund | $120M | 98 | Feb 14, 2012 |
| Wedbush Capital Partners, L.P. | Private Equity Fund | $20.0M | 63 | Feb 14, 2012 |
| Wedbush Hedged Dividend Fund, L.P. | Hedge Fund | $16.7M | 43 | Feb 14, 2012 |
| Wedbush Market Neutral, L.P.no longer reported | Hedge Fund | $6.6M | 10 | Sep 26, 2014 |
| Wedbush Partner Fund, LP | Hedge Fund | $2.2M | 3 | Feb 14, 2012 |
| Wedbush Quantitative Strategies II, LPno longer reported | Hedge Fund | $939,086 | 2 | Sep 26, 2012 |
| Wedbush Technology Fundno longer reported | Hedge Fund | $739,533 | 3 | Feb 14, 2012 |
| Wedbush Capital Partners III, L.P.no longer reported | Private Equity Fund | $109,071 | 24 | Sep 26, 2012 |
| Wedbush Quantitative Strategies I, LPno longer reported | Hedge Fund | $0 | 0 | Sep 26, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Mark Daniel Simon · Managing Director, Chief Compliance Officer, Chief Financial Officercontrolsince 01/2012 · owns less than 5%
- Dean Eric Wedbush · Presidentcontrolsince 01/2012 · owns less than 5%
- William Edward Wedbush · Shareholdercontrolsince 11/2004 · owns 50% to 75% of Wedbush, Inc.
Entity owners
- Wam Capital, LLC · Memberdirect · owns 75% or more
- Wedbush, Inc. · Memberindirect · owns 75% or more of Wam Capital, LLC
Related persons
Schedule D 7.A
- Lime Brokerage LLCbroker-dealern
- Van Hulzen Financial Advisorsinvestment adviseryRAUM $2.1B
- Wedbush Capital Gp, LLCpooled vehicle sponsorn
- Wedbush Capital Management, LLCinvestment advisery
- Wedbush Europe Ltd.broker-dealern
- Wedbush Securities Inc.broker-dealerinvestment advisertrust companyLP sponsorreal estatecustodiannRAUM $5.7B
Advisers that list Wedbush Asset Management, LLC as a related person
- 283762 n
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 70 to 74Sep 9, 2016 to Dec 16, 2016
- Advisory employees · 12 to 9Sep 9, 2016 to Dec 16, 2016
- BD registered reps · 5 to 3Sep 9, 2016 to Dec 16, 2016
- Employees · 16 to 13Sep 9, 2016 to Dec 16, 2016
- Insurance-licensed employees · 4 to 2Sep 9, 2016 to Dec 16, 2016
- State-registered IARs · 1 to 0Sep 9, 2016 to Dec 16, 2016
- Private funds · 2 to 1Sep 9, 2016 to Dec 16, 2016
- Discretionary RAUM · $229M to $115MSep 9, 2016 to Dec 16, 2016
- RAUM · $229M to $115MSep 9, 2016 to Dec 16, 2016
- Accounts · 57 to 70Feb 11, 2016 to Sep 9, 2016
- Advisory employees · 19 to 12Feb 11, 2016 to Sep 9, 2016
- Advisory activities · 6 to 5Feb 11, 2016 to Sep 9, 2016
- BD registered reps · 11 to 5Feb 11, 2016 to Sep 9, 2016
- Employees · 26 to 16Feb 11, 2016 to Sep 9, 2016
- Insurance-licensed employees · 5 to 4Feb 11, 2016 to Sep 9, 2016
- Private funds · 4 to 2Feb 11, 2016 to Sep 9, 2016
- Discretionary RAUM · $241M to $229MFeb 11, 2016 to Sep 9, 2016
- RAUM · $241M to $229MFeb 11, 2016 to Sep 9, 2016
- Private funds · 5 to 4Oct 9, 2015 to Feb 11, 2016
- Accounts · 34 to 57Sep 26, 2014 to Sep 30, 2015
- Advisory employees · 20 to 19Sep 26, 2014 to Sep 30, 2015
- BD registered reps · 7 to 11Sep 26, 2014 to Sep 30, 2015
- Employees · 27 to 26Sep 26, 2014 to Sep 30, 2015
- Insurance-licensed employees · 1 to 5Sep 26, 2014 to Sep 30, 2015
- State-registered IARs · 0 to 1Sep 26, 2014 to Sep 30, 2015
- Discretionary RAUM · $212M to $241MSep 26, 2014 to Sep 30, 2015
- RAUM · $212M to $241MSep 26, 2014 to Sep 30, 2015
- Accounts · 7 to 34Feb 14, 2014 to Sep 26, 2014
- Advisory employees · 16 to 20Feb 14, 2014 to Sep 26, 2014
- BD registered reps · 6 to 7Feb 14, 2014 to Sep 26, 2014
- Employees · 22 to 27Feb 14, 2014 to Sep 26, 2014
- Insurance-licensed employees · 3 to 1Feb 14, 2014 to Sep 26, 2014
- Private funds · 6 to 5Feb 14, 2014 to Sep 26, 2014
- Discretionary RAUM · $229M to $212MFeb 14, 2014 to Sep 26, 2014
- RAUM · $229M to $212MFeb 14, 2014 to Sep 26, 2014
- Private funds · 6 to 7Sep 26, 2013 to Sep 30, 2013
- Private funds · 7 to 6Sep 30, 2013 to Sep 30, 2013
- Accounts · 8 to 7Sep 26, 2012 to Sep 26, 2013
- Advisory employees · unset to 16.0Sep 26, 2012 to Sep 26, 2013
- BD registered reps · unset to 6.0Sep 26, 2012 to Sep 26, 2013
Signals
No event on the tape.
Across DFX
shared identifiers only, never a name match
- Wedbush Asset Management, LLC · Private Equityshared crd · organization
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026