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Wedbush Securities

Richard M. Jablonski

Rich Jablonski is Co-President of Wedbush Securities, overseeing day-to-day management, the strategic direction, development, and growth of all Wedbush Securities client services. Prior to being named Co-President, he was Executive Vice President of Treasury, where he oversaw the firm’s securities lending / borrow, prime brokerage and cash management groups. Additionally, he sits on Lime Brokerage's Board of Directors. He is also a member of the Executive Management Committee. Rich has over 20 years of financial experience and began his career at Wedbush in October 2012 as Senior Vice President, Correspondent Services.

Rich 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.

Gary L. Wedbush

Gary Wedbush is Co-President of Wedbush Securities, overseeing day-to-day management, the strategic direction, development, and growth of all Wedbush Securities client services. Prior to this, Gary was Wedbush Securities’ Executive Vice President and Head of Capital Markets and Correspondent Services, responsible for all Capital Markets functions, including investment banking, equities, fixed income, and clearing and execution services. He has been with the firm since February 1998.

Gary is a member of the Wedbush Securities President’s Executive and Executive Management Committees, and a Board Member of Lime Brokerage. Before 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 his MBA from the Kellogg School of Management, Northwestern University.

Dan E. Billings
Executive Vice President & Chief Financial Officer

Dan Billings is the Executive Vice President and Chief Financial Officer at Wedbush Securities. With an extensive background in financial services and experience with FINRA and SEC filings, his previous roles include public accounting, treasury, financial statements preparation, and regulatory reporting. Prior to joining Wedbush, Dan served as Vice President, Treasury, and Senior Vice President, Legal Entity Controller and Product Controller at Jefferies high yield trading division, before eventually becoming their Senior Vice President, General Ledger Controller. Preceding this, Dan served as Audit Manager at KPMG US, where he managed all aspects of audit engagements for SEC registrants, asset managers, registered broker dealers, and precious metal brokers.

Dan is a Certified Public Accountant and currently holds his Series 27, Financial & Operations Principal, license. He earned his Bachelor’s Degree in Accounting from Pepperdine University.

Bob Fitzsimmons
Executive Vice President; Fixed Income, Futures, Prime Brokerage & Stock Loan

Robert “Bob” Fitzsimmons is an Executive Vice President at Wedbush Securities with oversight of futures, securities lending, prime brokerage and the fixed income groups. Bob joined Wedbush Securities in 2016 as its Managing Director and Head of Wedbush Futures, where he oversaw the business within the Futures Commission Merchant ("FCM"), with a focus on developing and defining the strategic direction for the Futures and Treasury Division. Bob has over 30 years of experience in the financial industry, with extensive experience in the fixed income, futures, equities and technology space. He also held CEO tenures with several other financial services organizations including ITG Derivatives and NQLX.

Bob graduated from Harvard University with a Bachelor’s degree in economics and also earned his MBA from the Booth School of Business at the University of Chicago.

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.

Danny Nadalalicea
Executive Vice President & Chief Information Officer

Danny Nadalalicea is the Executive Vice President and Chief Information Officer at Wedbush Securities responsible for the development of information technology. Prior to joining Wedbush, Danny spent the last 12 years with CLSA Ltd in various roles as CTO of SetClear Ltd, Head of Trading Technology for the Americas and his final post as the CIO for the Americas and EMEA. Danny brings 25 years of IT experience mostly within the financial services space. He has a penchant for designing and delivering high quality solutions. He loves to roll up his sleeves and work side by side with IT and business stakeholders in order further the organization’s strategic goals.

Danny is a graduate of Queens College, City University of New York and holds a Bachelor’s Degree in Computer Science. He is a veteran of the United States Army where he served as a Military Intelligence Linguist/Analyst.

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.

Edward W. Wedbush

Edward W. Wedbush is the Founder 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 a Founding Board Member of the Fink Center for Finance and Investments at the University of California, Los Angeles; and a trustee emeritus 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.


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