Donald W Hultgren Appointed Executive Vice President and Chief Administrative Officer at Wedbush Securities

LOS ANGELES, July 22, 2016 (GLOBE NEWSWIRE) -- Wedbush Securities is pleased to announce that Donald W Hultgren has joined the firm as Executive Vice President and Chief Administrative Officer ("CAO"). With over 35 years of experience in the financial industry, Don brings a great deal of analytical skills, managerial experience, and leadership qualities that will increase the breadth and depth of the Wedbush Securities' leadership team.

Don joins Wedbush after being President of Three Part Advisors, LLC, a Texas-based, capital markets advisory firm. Previously, he was President and Chief Executive Officer of SWS Group, the New York Stock Exchange listed holding company of Southwest Securities. Don began his career in 1981 as an equity research analyst and was Director of Equity Research at Raymond James and Associates before moving on to SWS.

"I am proud to be a part of the Wedbush team," commented Mr. Hultgren. "Having had the opportunity to work alongside the firm and its colleagues over the years, I believe Wedbush Securities is uniquely positioned to flourish as one of the leading financial services providers in the country."

"Given my professional 15-year relationship with Don, I firmly believe that there is no better individual to join the firm as the CAO. I look forward to the contributions and long-standing experience that he will bring to the role, and the firm as a whole," adds Edward Wedbush, Founder and President of Wedbush Securities.

Prior to joining Wedbush Securities as CAO, Don has served on the Board of Directors of Wedbush Securities since 2013. He earned his Bachelor of Arts in Accounting and Business/Management from Augustana College in Rock Island, IL, and then went on to complete his MBA with a concentration in Finance, from the University of Texas at Austin.

About Wedbush Securities

Founded in 1955, Wedbush Securities is a leading investment firm that provides brokerage, clearing, investment banking, equity research, public finance, fixed income, sales and trading, and asset management to individual, institutional, and corporate clients. Headquartered in Los Angeles, with nearly 100 offices, the firm focuses on a dedication to quality 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

Source:Wedbush Securities