Western International Securities, Inc. (Pasadena)

Name: Western International Securities, Inc.
Address: 70 S. Lake Ave., Pasadena, CA, 91101
Telephone: (888) 793-7717

Western International Securities, Inc. is a large advisory firm based in Pasadena. It manages $1.84 billion of regulatory assets for 7,300 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 44 other states.

Western International Securities provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and third party investment advisors. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Western International Securities: assets under management

The assets under management (AUM) of Western International Securities, Inc. is $1.84 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2442% since the beginning of its operation, and $10 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.84 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $251.49 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is investment and business development companies, which make up 10% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Western International Securities, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Donald Michael Bizub serves?

The only and largest group of clients of Donald Michael Bizub is individuals with 7,300 clients and $1.84 billion of assets under management. Among the 11 most similar advisory firms, Western International Securities has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.84 billion for 7,300 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Western International Securities doesn't advise any private funds.

Careers at Western International Securities, Inc.

The company employs 55 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Donald Michael Bizub has been acting as President since 1 Dec 1999. Wendy Austin Rea joined the executive team most recently as the Sr. Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Concept Brokerage Holding Corp.	Parent company	1 Apr 1995	75% - 100%	84-1310297
Donald Michael Bizub	Ceo/mp/director	1 Dec 1999	Other	1600090
Richard Lee Jr Gilliland	Vp/director	1 Mar 2001	Other	1291796
Jon Noel Hogen	Vp/director/corp secy	1 Aug 2001	Other	1428826
Craig Robert Watanabe	Director of compliance/director	1 Apr 2002	Other	1177960
Guenter Rainer Wirth	Senior vp of trading and operations	1 Jan 2006	Other	2622050
Andrew C Kuo	Managing director	1 Jun 2007	Other	4415637
Darcie Jean Coy	Finop/director	1 Jun 2007	Other	1865365
Andrew C Kuo	Chief compliance officer	1 Jun 2008	Other	4415637
Bradley Clifford Kaiser	Chief compliance officer	1 Feb 2009	Other	2523397
Wendy Austin Rea	Sr. managing director	1 Feb 2014	Other	724857

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
S.A. Realinvest Group	Shareholder	1 Jul 2000	75% - 100%	foreign
Vadim Kebets	Shareholder	1 Jun 2011	25% - 50%	foreign
Llc Xeen	Shareholder	1 Jun 2011	25% - 50%	27-3196788

Based in Pasadena

The principal office where Western International Securities, Inc. performs its advisory services is located at 70 S. Lake Ave., Pasadena, CA 91101, which is also the mailing address of the firm. An additional office of the firm is in Novato, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (888) 793-7717 or by fax (626) 793-7075. The normal business hours are 7 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at wisdirect.com.