Because he views business as an extension of human character, David holds each client’s values, needs and goals as unique. His business philosophy stems from understanding, as he believes that his role as an advisor is to help clients navigate their personal opportunities, changes and challenges and create a strategic wealth plan that reflects what is important to them.

With an extensive 30+ year background in finance, David is part of the ever-growing Pasadena office. Prior to joining Wedbush in 2022, David served as Senior Vice President at Hilltop Securities, where he was an active member of Hilltop Securities’ Leadership Council. He spent 12 years with M.L. Stern as Vice President and head of their Retirement Department. When the firm merged with Southwest Securities in 2008, David served seven years as Senior Vice President and was a member of their President’s Council. He also worked for T. Rowe Price for four years in their Retirement Plans Group to start off his financial career. His experience with retirees from a wide array of professions and careers provides David with a rare ability to find solutions to protect, provide and transfer wealth efficiently. Further, David brings with him knowledge of retirement plans and planning a study that allows him to achieve expertise in tax-qualified accounts such as 401ks, IRAs, and profit-sharing plans.

David is originally from Huntsville, Alabama, but currently splits his time between his two favorite places in the United States: Los Angeles and Las Vegas. His Alabama roots shaped him into an avid SEC football fan, while his 30 years in Southern California did much to establish a foundation for his financial career. In Las Vegas, he is an active board member of the GiveNV Charitable Foundation, focusing on helping the local community, and enjoys the active lifestyle that both Las Vegas and Los Angeles provide.

Working with her clients to help develop strategic short, medium, and long-term investment plans is at the heart of Jazmin Gabriela Carpenter’s advisement approach. Strong relationships are often defined by shared beliefs. When it comes to advising her clients on one of the most important areas of their life - their family’s financial security – it is important they know the core values and beliefs that define their advisor’s practice.

Jazmin was born in one of the poorest areas of Mexico City, Mexico. As a teen, she came to the United States and by the time she graduated High School, Jazmin was a vocal leader in her community and school. She began her career in financial services, at Smith Barney, shortly after graduating, while attending Community College at night.

Her strong work ethic and desire to help clients realize their financial goals, was the determination she needed to work her way up to being a financial advisor. Jazmin has a firm grasp on every aspect of the front and back office, having started her career in operations before becoming a Registered Client Services Associate, then a Sales Assistant. It is in each of these roles that opened up new doors and opportunity for Jazmin.

It was only when her mentor retired that she took the leap to take on the role of Financial Advisor. Her more than a decade in operations, client services and sales give her a distinct advantage in working with client portfolios, including high net-worth individuals and families.

Active in her community, Jazmin is a regular volunteer at a local homeless shelter, donates time and money to the animal humane society and serves on the School Site Council for her local high school. She and her husband, Robert, have two daughters and make their home in Eagle Rock, California.

RECOGNITION/MEMBERSHIPS

• Volunteering for the homeless and the Humane Society
• Member of the School Site Council in Eagle Rock, CA

Helping clients reach their financial goals is at the center of Kristi’s business. She encourages each client to take ownership of their financial futures, and acts as a financial coach along their way to success. Kristi takes a holistic approach and works alongside her clients’ other advisors in order to always help prepare the most comprehensive plan to meet each individual’s specific needs and wishes.

Having grown up around financial services, Kristi naturally gravitated toward a career in the field. Before her successful track record of 20 years with Wedbush, Kristi received a degree in accounting and subsequently spent time as a Certified Public Accountant with PricewaterhouseCoopers. She soon realized that her true passion was in investing, and eventually made the move to become a financial advisor. Kristi enjoys all aspects of helping her clients plan for their financial security, and utilizes a mix of stocks, mutual funds, bonds, alternative investments and annuities in her book of business. Kristi has an expansive practice that includes her work with small to medium sized corporate clients in both their 401(k) plans and non 401(k) type retirement plans. She also works with individuals and families on taxable and retirement investing, estate, tax, educational, goal and charitable donation planning. She has become a trusted knowledge source for her clients, helping them both choose the best investments inside the plan, and consulting on outside investment questions and opportunities. Her background and designations of Certified Public Accountant and Personal Financial Specialist equip her with the special tools to pull together all of the client’s financial positions, goals, and needs to formulate a plan to make it all happen.

Kristi received her Bachelors of Science in Accounting from Bob Jones University. Originally from Massachusetts, Kristi has called Arizona home for the past 33 years and counting. She is passionate about educating the younger generations on sound financial practices, and works with several high schools and their students. She also works with a variety of missionaries located around the world, and devotes time to help churches and related ministries set up accounts to accept charitable gifts and endowments. Kristi is married to her husband of 29 years, David, and has a daughter, Maya, and son, Ethan. Her family has hosted foreign exchange students for the last 10 years, which is something they find great fulfillment in doing. When not working with her clients, Kristi enjoys reading, designing and handmaking greeting cards, camping, traveling, and spending time with her friends and family.

Jed learned that clients always come first from his father, a highly respected Wall Street veteran. He applied a client-first approach while in leadership positions with Wedbush Securities and D.A. Davidson, advising Portfolio Managers and CIOs at Mutual Funds, Hedge Funds and Family Offices. Bicoastal Wealth Management will continue to make clients and their best interests the highest priority.

He has spent his career helping people and companies invest their money and navigate the financial markets. Whether they be C-Suite Executives seeking solutions for highly concentrated positions or parents planning for their children’s education, Jed takes a personalized and risk-based approach to meeting their needs.

Jed lives in New Jersey with his wife, two young children and their Golden Retriever. When he’s not spending time with his family, Jed keeps up with his physical fitness and is an avid golfer. He also enjoys volunteering in his local community and serves on the Board of Directors at the Brooklyn Youth Sports Club, a non-profit serving underprivileged youth in Brooklyn, New York.

Wedbush Securities Independent Franchise Owner Network
Securities and Advisory Services offered through Wedbush Securities, Inc

Michael S. McDonough
Managing Director Investments, Partner

Mike’s career and expertise in the financial services industry spans more than three decades. He is well-versed in all areas of wealth management and specializes in fixed income, financial planning, 401(k) plans, and portfolio management. Mike is a graduate of UC Berkeley where he earned his Bachelor of Arts degree in Economics.

James P. Hennessy
Accredited Wealth Manager, Managing Director, Investments, Partner

Jim entered the securities business as a financial advisor 31 years ago and has since become a trusted advisor and valued resource for his clients. He brings his specialty of financial planning, retirement planning and crafting equity portfolios to every situation. Jim is a graduate of UC Davis and received his Accredited Wealth Manager designation from Michigan State University.

Paul Delzio
Managing Director, Partner

Paul became a registered financial advisor in 2013. He collaborates with other professionals including CPAs, estate planning attorneys, insurance specialists, and philanthropists to ensure that each client’s wealth strategy is customized to their lifestyle, goals, and values. Paul holds a Bachelor’s degree in Mechanical Engineering from Brown University, and received his MBA in International Finance from George Washington University.

April Young
VP, Branch Manager, Partner
CA Insurance Lic. #4038506

April has over 20 years of industry experience and first began her career at AG Edwards, which eventually transitioned to Wells Fargo Advisors, before joining Wedbush in 2011. Working with clients to develop strategic investment plans to realize their financial goals is paramount to her approach. April’s two decades of experience with every aspect of front and back office, management and sales support make her an added asset to the team. As a lifelong resident of the Greater Sacramento area, April attended California State University of Sacramento and obtained a degree in Business.

Pamela J. Sowers
Senior Registered Client Associate

Pamela has over 21 years of experience in the securities industry and has played an integral role in McDonough Hennessy Group’s ongoing growth. In addition to Pamela’s full-service client associate and advisor support expertise, she specializes in researching and assisting clients with California unclaimed property claims. She also has her California Insurance License (#0K65827) and is a California Notary Public (#2359410). She holds her series 7, 63, and 66 securities licenses.

Patricia Arendt
Registered Client Associate

Patricia has been working in Financial Services since 1989 and became a Registered Client Services Associate in 1998. She prides herself as being a reliable problem solver for the team’s clients. Patricia is Northern California through and through; originally from San Francisco, has been living in Sacramento since 1992, and she earned her Bachelor’s degree in Human Development from U.C. Davis. She holds her series 6 and 63 securities licenses.

JUDGMENT, KNOWLEDGE, ACCESS, FULL-TIME FOCUS

We are a team of financial professionals dedicated to the growth, preservation, and financial success of our clients. With a straightforward approach of simplicity and consistency, we provide unmatched care for our client’s financial interests with close coordination of independent tax and legal advisors, comprehensive research and portfolio monitoring, effective client communication and tailored advice for overall financial achievements.

• Determine needs and risk parameters
• Develop an Investment Policy Statement
• Research appropriate investment alternatives
• Portfolio structuring and implementation
• Monitor and adjust according to market opportunities
• Constant communication and regular meetings
• Emphasizing wealth preservation and intergenerational transfer strategies

OUR LOCATIONS

Tom Nikic, CFA® is a Senior Vice President covering the footwear and apparel sectors. He has been covering the consumer discretionary sector of footwear for the past dozen years and has recently expanded his scope of coverage to include the apparel space. His prior sell-side experience at Wells Fargo, Sterne Agee and Cowen & Company covered both domestic and international companies across various market capitalizations and product categories.

Tom received his Bachelor’s degree in Economic Analysis from the State University of New York, at Binghamton. He also holds the CFA® distinction.