Gary Wedbush, the 33-year-old son of Edward Wedbush, founder of Wedbush Morgan Securities, has joined the firm in its Los Angeles headquarters as manager of the trading division.
Most recently, the younger Wedbush was director of convertible securities for NationsBanc Montgomery Securities. While still in high school Wedbush worked one summer in the mail room at his father's firm and said he was especially drawn to the trading floor.
"I feel so lucky that my father is in this business. I enjoy working with my father and brother even if we are pulling weeds," Wedbush said.
Another of Edward Wedbush's sons, Eric Wedbush, will be joining the firm this summer. And Alfred E. Osborne, director of the Price Center of Entrepreneurial Studies at the Anderson School at UCLA, who sits on boards of Times Mirror Co. and U.S. Filter Corp., just joined the board of Wedbush Morgan's parent company. Can a public offering be far away?
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