Mr. Wedbush, who was known as Ed, founded his firm in 1955 as Wedbush & Co.
The wirehouse plans to cut as many as 500 private banking jobs as it moves forward with its overhaul
Group files amicus brief in support of lawsuits seeking to overturn regulation
PR firm Gregory FCA sells minority stake to private equity investors
Twenty-Four Wealth Management will also use Stratos Wealth Partners
Possible SEC involvement could bring more clarity to what qualifies as socially responsible
State Street Global Advisors is launching cheaper versions of three popular index strategies
RIA BlackCrown violated procedure by filing antitrust lawsuit without attorney
A well-seasoned CCO can help transform an RIA by bringing an objective and mindful stance to the typically sales-oriented decision-making at a firm
While some plan advisers talk about shifting their focus, few have changed their business models to reflect this new focus
NAIC leader touts increased protections; consumer advocates say measure falls short
The move brings the low-cost asset manager up to speed with the likes of Schwab, TD Ameritrade, Fidelity and ETrade
Massachusetts and New Hampshire cited the firm's sales practices and supervisory failures
Global study found 77% of this age group consider environmental, social and governance concerns more important than returns
New York’s BlackCrown files antitrust suit saying deal would decimate small firms
The level of unspent capital suggests M&A activity this year could be on a scale not seen since the financial crisis
Finra also fines firm $800,000 for failure to supervise UIT rollovers
Fund closures spiked this year at the same time that asset managers set up the fewest new ETFs since 2014
Phillip Frost seeks monetary damages, a halt to the merger and the cancellation of the 2018 transaction
The changes will go into effect Feb. 28
