Ali Matin is a registered investment advisor at Wedbush Securities INC., based in Pasadena, CA, with 11 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management. Their firm serves 10,048 clients with $5.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Wedbush Securities offers investment management through several programs. The fees are based on a percentage of the assets managed and are billed quarterly in advance. The minimum account size is generally $25,000, but exceptions can be made. Fees are negotiable.
Typical fees for the DMI-IC, SDI-IC, MMA, SMA, and UMA accounts are:
- Up to $250,000: 3.00% per year
- $250,001 to $500,000: 2.80% per year
- $500,001 to $1,000,000: 2.50% per year
- $1,000,001 to $3,000,000: 1.90% per year
- $3,000,001 to $5,000,000: 1.60% per year
- $5,000,001 and above: Negotiable
There is a minimum quarterly fee of $62.50 ($250 annually) for DMI-IC accounts and $125 ($500 annually) for SDI-IC accounts. For MMA, SMA, and UMA accounts, there is a minimum quarterly fee of $250 ($1,000 annually).
Location
225 S Lake Ave Penthouse, Pasadena, CA, 91101
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Regulatory History (1)
Employment Separation After Allegations
February 2015Employment History
Current Registrations
Wedbush Securities INC.Broker
Wedbush Securities INC.
Previous Registrations
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
Scottrade, INC.Broker
State Registrations1 state
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