FIRST WILSHIRE SECURITIES MANAGEMENT, INC.
Adviser information for FIRST WILSHIRE SECURITIES MANAGEMENT, INC. last updated from Form ADV on March 26th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | California, United States |
Employees
| Total Number of Employees | 9 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 5 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 279 | $328.8M |
| Non-Discretionary | 0 | $0 |
| Total | 279 | $328.8M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 74 | $14.7M |
| HNW Individuals | 193 | $245.5M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 2 | $45.7M |
| Pension and profit sharing plans | 6 | $8.4M |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 4 | $14.4M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-15260 |
|---|---|
| SEC ERA File Number | 801-15260 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 171971 |
| Legal Entity Identifier | None |
Principal Office
1214 EAST GREEN STREETSUITE 104
PASADENA
CA
United States
Monday - Friday, 6:00 A.M.-4:00 P.M.
Tel: 626-796-6622, Fax: 626-796-8990
Chief Compliance Officer
NICOLE GREEN
CHIEF OPERATING OFFICER
1214 E. GREEN STREET
SUITE 104
PASADENA
CA
United States
Tel:
626 796-6622
Fax:
626 796 8990
C**@****************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| LAKE STREET FUND, L.P. | Hedge Fund | $38.9M | $1.0M | 25 |
| MOUNT WILSON GLOBAL FUND, L.P. | Hedge Fund | $6.8M | $0.5M | 21 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| HOOD, SCOTT, WILLIAM | Individual | – | CHAIRMAN | 07/2019 | 25-50% |
| HANSON, THOMAS, HERBERT | Individual | – | S.V.P. | 02/2010 | < 5% |
| GREEN, NICOLE, ELIZABETH | Individual | – | COO | 11/2018 | 10-25% |
| LU, HOWARD, HAOMING | Individual | – | PRESIDENT & CEO | 07/2019 | 50-75% |
| CATON, WILLIAM, ADAM | Individual | – | PORTFOLIO MANAGER | 07/2019 | 10-25% |
| GREEN, NICOLE, ELIZABETH | Individual | – | CHIEF COMPLIANCE OFFICER | 06/2020 | < 5% |