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Wedbush Securities Appoints Jim Richards as its New Head of Private Client Services

LOS ANGELES, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Wedbush Securities is pleased to announce the appointment of Jim Richards as the new Head of Private Client Services ("PCS"). Along with his current role as Executive Vice President and Head of Client Financial Services Independent Advisor Group ("CFS"), Jim will be responsible for overseeing the strategic growth and development of Wedbush's PCS and CFS Groups.

In his 27 year tenure at the firm, Jim has demonstrated exemplary leadership through his vast knowledge and broad management experience within Wedbush. "The placement of Jim in this role, further demonstrates the continuity and succession planning of the firm and its ongoing efforts to ensure the consistency of a high caliber management team," states Edward Wedbush, Founder and President of Wedbush Securities.

"I am pleased to have the opportunity to oversee both the PCS and CFS Groups here at Wedbush," states Jim. "Our wealth management groups are comprised of the best advisors in our industry, who possess a strong ability to deliver personalized, top-tier service to our clients. I look forward to growing and enhancing these groups to ensure excellence in our client service and the continued success of our firm."

Wedbush Securities' Private Client Group is home to approximately 400 financial advisors throughout more than 100 offices nationwide. Wedbush Financial Advisors are dedicated to clients' financial success, establishing relationships built on trust, supported by a firm built on experience, stability, and innovation. The Private Client Services and Client Financial Services provide personalized investing, advising, and wealth management services to both individual and institutional clients.

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