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Wedbush Securities

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6 reviews
2.0
5 Mar 2017
Recommend
CEO approval
Business outlook

Pros

- Coworkers are generally nice and friendly - It's close to a lot of restaurants, and it is a block away from the metro station.

Cons

- Pay is on the industry low-end. Benefits such as health insurance and especially retirement benefits are uncompetitive. There is no matching 401K for non-exempt employees and no employee parking discount. - Employees must transfer their brokerage accounts to Wedbush... $5k trades cost $50 commissions round-trip and $10k+ trades cost $100+. (What a joke! While other online brokerage recently lowered theirs to $5, Wedbush is still charging these commission prices against their OWN employees. It wouldn't be so unbelievably bad if their trading platform, ClientLink wasn't such a POS.) - Company is slowly transitioning from being led by the CEO/founder to his two sons.The company is also going through reorganizations and is downsizing some of its' departments. Some departments were already stretched thin, so the reorg creates a lot of additional stress for remaining employees. Wouldn't surprise me to see turnover spike. - The CEO/founder personally reviews and approves invoices. For a man who has a reputation for his frugality, that means invoices can sometimes be in arrears for MONTHS. (Have fun dealing with the vendors!) - Some people, especially people that have been with the company for the long time, are complacent. Either they don't care or stopped caring. At times, the feelings of urgency to get things done and produce good quality of work just aren't there. - If annual performance review is mandated by the company, it isn't being followed. Please note that some other companies have QUARTERLY reviews. That means you don't get formal feedbacks from your manager, and it also means you have to approach your manager directly to ask for salary raises.

1.0
3 Feb 2022

Still the same

Recommend
CEO approval
Business outlook

Pros

Great coworkers and pleasant environment.

Cons

I worked at the Bush for almost 10 years and senior management has never taken regulations seriously. Look up "Wedbush SEC charges" and you will see a history of regulatory issues. I blame SEC also for not suspending them from operations. The pay was crap and this comes from a history of the founder Ed. He doesn't even fix the roof on his house? For the sake of my friends and former colleagues, I really hope they fix their regulatory oversight.

2.0
14 Sept 2017

Would not recommend to a friend

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Work hours are east coast based, so you get off early. Some coworkers were genuinely nice. ...literally that was it...

Cons

Where to begin... I am not going to bad mouth just share my experience (perhaps other people had different experiences). Management could not care less about anyone below them's opinions. EVERYONE, tries to avoid responsibility and deflect blame. Top-Down, it felt like a very oppressive environment and there was a feeling of under-appreciation. Not that any of that mattered in a show-up, shut-up, do your job environment. (Just my experience)

4.0
25 June 2021

Wedbush

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great coworkers and company involvement

Cons

Low comp compared to market comp

1.0
24 Sept 2025

Not worth the stress.

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Coworkers are fine, some are supportive.

Cons

This place is a mess. Leadership can be toxic, and micromanage everything, and have no real plan. Things change daily with zero direction, and it just wears you down. The culture is negative and it shows.

Viewing 1 - 3 of 6 Reviews

Glassdoor has 295 Wedbush Securities reviews submitted anonymously by Wedbush Securities employees. Read employee reviews and ratings on Glassdoor to decide if Wedbush Securities is right for you.