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Wedbush Promotes Eric Schlaefer to Managing Director, Head of Equities Sales Trading

LOS ANGELES, Oct. 15, 2015 (GLOBE NEWSWIRE) -- Wedbush Securities, one of the nation's leading diversified financial services firms, is pleased to announce the further strengthening of its Equities management team with the promotion of Eric Schlaefer to Managing Director, Head of Sales Trading. Eric has been an integral player at Wedbush for over two years and has demonstrated exemplary leadership across the firm. As Head of Sales Trading, he will be responsible for Wedbush's North American Trading Team. Eric has over 25 years of experience in Equities Trading, most recently at Nomura, and previously at Bank of America and Citigroup.

"Eric is exactly the kind of leader Wedbush needs to continue its growth trajectory. He brings an unmatched level of professionalism and integrity to our organization and to our clients," said Ian Winer, Co-Head of Equities. Eric Schlaefer adds, "I am honored and excited to continue working with my colleagues at Wedbush in this new capacity. I look forward to building on past success, partnering with our clients, and delivering outstanding resources to aid in value creation within the investment process."

Wedbush encompasses the largest Equities platform based on the West Coast, covering more than 300 stocks. Its award-winning Equities Research team provides in-depth analysis, while its Equity Sales and Trading Group utilizes primary research resources to deliver superior information flow and investment ideas to small, mid, and large cap clients. The team covers more than 1,000 United States and European institutions through its Los Angeles, New York, San Francisco, Boston, Minneapolis, Seattle, Dallas, and Cleveland offices.

About Wedbush Securities

Since our founding in 1955, Wedbush has been a leader in the financial industry providing our clients with a wide range of services; including retail and institutional sales, clearing services, equity research, corporate and municipal finance, equity market making, fixed income trading, and wealth management. Headquartered in Los Angeles, with over 100 registered offices, the firm focuses on dedicated service, client financial safety, continuity, and advanced technology. Wedbush Securities is the largest subsidiary of holding company WEDBUSH, Inc., which also includes affiliated firms Wedbush Asset Management, Wedbush Capital Partners, Wedbush Opportunity Partners, and Lime Brokerage LLC.

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CONTACT: Teny Josephbek 213.688.8057 publicrelations@wedbush.comSource:Wedbush Securities