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.

SEC-registered adviser

Wedbush Fund Advisers, LLC

Asset manager (funds and pooled vehicles)Pasadena, CaliforniaCRD 334057SEC 801-131773websiteIAPD
Latest filing Apr 16, 2026
First filing on the tape Dec 8, 2024 · 7 filings
SEC status approved since Jan 8, 2025
RAUM
$1.0B
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
5
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$1.0B as of Apr 16, 2026
Feb 20, 2025$0 then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Apr 16, 2026
Feb 20, 20251 then
Employees (5.A)5 as of Apr 16, 2026
Feb 20, 20254 then
Private funds: no history
RAUM n/a over the last fiscal yearIARs 1 to 1
Practice profile
derived from the filing of Apr 16, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$1.0BderivedRAUM 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
$255MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
5.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween 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 assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 5.G
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
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$1.0B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=1.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Eric Daniel Billings · Chief Financial Officercontrol
        since 11/2024 · owns less than 5%
      • Matthew Bromberg · Secretary And Chief Compliance Officercontrol
        since 11/2024 · owns less than 5%
      Entity owners
      • Wedbush Financial Services, LLC · Sole Member
        direct · owns 75% or more
      • Edward And Jean Wedbush Family Trust · Sole Member
        indirect · owns 75% or more of Wedbush Family Partners, LLC
      • The Bryn Mawr Trust Company Of Delaware · Trustee
        indirect · owns F of Edward And Jean Wedbush Family Trust
      • Wedbush Capital · Sole Member
        indirect · owns 75% or more of Wedbush Financial Services, LLC
      • Wedbush Family Partners, LLC · Shareholder
        indirect · owns 50% to 75% of Wedbush Capital
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 1 to 4
        Sep 29, 2025 to Apr 16, 2026
      • Discretionary RAUM · $754M to $1.0B
        Sep 29, 2025 to Apr 16, 2026
      • RAUM · $754M to $1.0B
        Sep 29, 2025 to Apr 16, 2026
      • Accounts · 0 to 1
        Jun 19, 2025 to Sep 29, 2025
      • Employees · 4 to 5
        Jun 19, 2025 to Sep 29, 2025
      • Discretionary RAUM · $0 to $754M
        Jun 19, 2025 to Sep 29, 2025
      • RAUM · $0 to $754M
        Jun 19, 2025 to Sep 29, 2025
      • Financial planning clients · unset to
        May 14, 2025 to Jun 19, 2025
      • HQ city · LOS ANGELES to PASADENA
        May 14, 2025 to Jun 19, 2025
      • Accounts · unset to 0.0
        Dec 8, 2024 to Feb 20, 2025
      • Discretionary RAUM · unset to 0.0
        Dec 8, 2024 to Feb 20, 2025
      • Non-discretionary RAUM · unset to 0.0
        Dec 8, 2024 to Feb 20, 2025
      • RAUM · unset to 0.0
        Dec 8, 2024 to Feb 20, 2025
      Signals
      2 dated events
      • Wedbush Fund Advisers, Llc reported RAUM $1.0B, up 35% from $754.2M (2025-09-29 to 2026-04-16)
        Apr 16, 2026 · RAUM change · derived
      • Wedbush Fund Advisers, Llc filed its initial SEC registration (Form ADV)
        Dec 8, 2024 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/wedbushfundsreportedpublic record, Form ADV, Sep 17, 2026
      Website
      wedbushfunds.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      213-688-8000reportedpublic record, Form ADV, Apr 16, 2026
      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
      Asset manager (funds and pooled vehicles)deriveda 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