Wedbush, a Los Angeles-based financial services firm, announced it is introducing Wedbush Fund Advisers and an entry into the rapidly growing exchange-traded fund (ETF) market. This milestone marked an expansion of Wedbush’s commitment to cutting-edge investment solutions and highly curated product development.
ETFs continue being one of the fastest-growing segments of the investment management industry, with actively managed and rules-based index ETFs seeing increased adoption by institutional and retail investors alike. And Wedbush will sponsor its own ETFs to provide clients and investors with cost-effective, transparent investment options designed to meet modern portfolio construction needs.
Wedbush Fund Advisers will depend on a team of experienced professionals bringing a wealth of knowledge in asset management, quantitative research, and market analysis, with the long-term goal of providing investors tools that align with their financial objectives, risk tolerances and market views. And Wedbush anticipates further expansion in the ETF space, with additional product launches designed to address emerging trends and investor demand.
KEY QUOTE:
“ETF creation is a logical progression for Wedbush as we continue to provide efficient solutions to our investor clients. For nearly 70 years, we’ve steadily grown Wedbush by leveraging the expertise of our colleagues and our cutting-edge technology and operational infrastructure. It’s our vision that Wedbush will become the platform of choice for entrepreneurial ETF managers.”
- Gary Wedbush, Chief Executive Officer at Wedbush
