Wedbush Securities Inc., a diversified independent financial services provider, has appointed Chris Ellis as Vice President of Investments based in its office in Pasadena. Ellis, a Certified Financial Planner, is transitioning from CUSO Financial Services, aiming to broaden Wedbush's influence in Southern California.

Ellis's background as a men’s college basketball manager at Pepperdine University and a women’s college basketball assistant coach at the University of California, Irvine, uniquely shapes his financial career.

With experience at CUSO Financial Services, LAPD Financial Credit Union, and Independent Financial Group, Ellis brings a wealth of expertise and client-focused dedication, the company noted in a statement issued today (Friday).

Bridging Coaching and Financial Acumen

Chris Mone, the EVP and Head of Wealth Management at Wedbush, emphasized Ellis's blend of coaching and financial acumen. Mone underscored the firm's dedication to assembling top-tier talent, ensuring personalized financial services tailored to clients' needs.

Mone mentioned: “Chris’s arrival at Wedbush underscores our commitment to assembling a team of top-tier talent dedicated to delivering unparalleled wealth management solutions. His unique blend of coaching and financial expertise and his designation as a CFP aligns seamlessly with our approach and reinforces our mission to provide innovative and personalized financial services.”

Ellis' Educational Background

Ellis earned a BA in Political Science from Pepperdine University and a MA in Education from Loyola Marymount University. Established in 1955, Wedbush Securities provides clients a wide range of brokerage, wealth management, and investment banking services.

Last year, the company unveiled its strategic expansion into the foreign exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term prime brokerage industry, marking a significant departure from its traditional offerings in securities brokerage, wealth management, and investment banking.

Wedbush announced the plans to commence the new services in May 2022, expanding its existing multi-asset clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term services. The move signified the firm's commitment to diversification and growth in response to evolving market demands.

Wedbush onboarded a cadre of seasoned executives from Jefferies, led by industry veteran Michael Stone, to spearhead its FX prime brokerage venture. Boasting over three decades of financial services expertise, Stone assumed the role of Senior Vice President in Wedbush's fixed income, currencies, commodities, and securities finance divisions.