Serving Investors Since 1955

Leading with experience, stability, and innovation, Wedbush is dedicated to securing your interests, strengthening your vision, and maximizing your financial success.

Executive Leadership


Wedbush Securities

Edward W. Wedbush
Founder & President

Edward W. Wedbush is Founder and President of Wedbush Securities. From first year revenues of $659, Wedbush has grown to become the largest, full-service financial investment services and investment bank firm headquartered in the western USA serving clients through over 100 registered offices nationwide.

In addition to his tenure at Wedbush Securities, Ed currently serves as Chairman of the Board of WEDBUSH, Inc.; a Founding Board Member of the Fink Center for Finance and Investments at the University of California, Los Angeles; and a Board Member of the University of Cincinnati Foundation. He previously served as Chairman of the Board of The Pacific Stock Exchange (1976-1978); Director of the National Securities Clearing Corporation (1979-1982); Board Member of the Great American Bank (1987-1992); Chairman of the NYSE Regional Firms Advisory Committee (1987-1988); and Member of the Securities Industry and Financial Markets Association (formerly Securities Industry Association), Regional Firms Committee (1985-1995), as well as its Board of Directors (1988-1990).

Ed was the recipient of the Lifetime Achievement in Entrepreneurship Award from the University of Cincinnati (2010) as well as the Ernst & Young’s Entrepreneur of the Year Award, Greater Los Angeles (2006). He was honored as one of the University of California, Los Angeles’ “100 Inspirational Alumni” (2011) and one the “Most Admired CEOs” by the Los Angeles Business Journal (2010).

Ed holds a Bachelor of Science (B.S.) degree in Mechanical Engineering from the University of Cincinnati and a Masters of Business Administration
(M.B.A.) from the University of California, Los Angeles. Originally from St. Louis, Missouri, Ed currently resides in Southern California with his wife Jean. In his spare time, he enjoys tennis, swimming and spending time with his three children and ten grandchildren.

Donald W. Hultgren, CFA
Executive Vice President & Chief Administrative Officer

Donald W. Hultgren is an Executive Vice President and Chief Administrative Officer (“CAO”) at Wedbush Securities. With over 35 years of experience in the financial industry, 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. Prior to joining Wedbush Securities as CAO, Don has served on the Board of Directors of Wedbush Securities since 2013, and is a current director.

Mr. Hultgren 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.

Richard M. Jablonski
Executive Vice President & Head of Treasury

Mr. Jablonski is Executive Vice President of Treasury and is a member of the Wedbush Executive Management Committee. In this capacity, he oversees the firm’s securities lending / borrow, prime brokerage and cash management groups. Additionally, he is the Chief Executive Officer of Lime Brokerage and sits on Lime Brokerage's Board of Directors. Mr. Jablonski has over 20 years of financial experience. He began his career at Wedbush in October 2012 as Senior Vice President, Correspondent Services.

Mr. Jablonski graduated from the University of Rhode Island with a Bachelor of Science in Business Administration with High Distinction. He currently holds his CPA as well as Series 4, 7, 24, 27 and 63 licenses.

R. James Richards
Executive Vice President & Head of Client Services

Jim is Executive Vice President of Client Financial Services and is a member of the Wedbush Executive Management Committee. He has been with Wedbush Securities for 27 years and is currently responsible for Information Technology, Human Resources, merger and acquisition activity as well as management of Client Financial Services. Jim was previously the Head of Private Client Services, Clearing & Technology, and Operations.

He received his Bachelor of Science degree in Business Administration from California State University, Los Angeles.

David Weaver
Executive Vice President & Chief Financial Officer

David Weaver is Wedbush Securities’ Executive Vice President and Chief Financial Officer. In these roles, David is responsible for financial accounting, securities processing operations, and internal and audit controls activities. He also serves on the firm’s executive management committee.

David has over two decades of operations and accounting experience, including Director, Fund Accounting with Globeop Financial Services; Vice President at Deutsche Bank Fund Services; and as CAO and CFO with Refco Group, LLC. His extensive background in finance, risk management, regulatory reporting and project management, provide the firm with a well-rounded approach to his responsibilities.

David received his Bachelor’s Degree in Accounting from St. Peter’s University in New Jersey and is a Certified Public Accountant.

Gary L. Wedbush
Executive Vice President & Head of Capital Markets

Gary Wedbush is Executive Vice President and Head of Capital Markets and Correspondent Services for Wedbush Securities. He has been with Wedbush since February 1998 and is responsible for all Capital Markets functions, including investment banking, equities, fixed income, and clearing and execution services. 

Gary is a member of the Wedbush Securities President’s Executive and Executive Management Committees, and a Board Member of LimeBrokerage. Prior to joining the firm, Gary was Principal and Director of Convertible Securities of the former Montgomery Securities (now Bank of America Merrill Lynch Securities) in San Francisco. He also served as an institutional trader in the Convertible Securities departments at Lehman Brothers and S.G. Warburg in New York.

He received his Bachelor of Science from the University of California, Los Angeles, and an MBA from the Kellogg School of Management, Northwestern University.

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Wedbush Capital Partners
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The background of this firm and investment professionals may be found on FINRA's BrokerCheck.