Los
Angeles-headquartered Wedbush Securities has added Michael Menefee to its private
client services group as vice president, investments.

Menefee has around 12
years of wealth management experience and specializes in risk assessment, asset
allocation and retirement planning.

The firm said he will
continue to serve his existing clients,
reporting to John Wilkinson, vice president and manager of the Dallas,
TX, office.

Prior to joining
Wedbush, Menefee served as a vice president and financial advisor at Raymond James
& Associates, and at Morgan Keegan & Company before the two firms
merged.

Wedbush Securities’ private
client group contains some 400 financial advisors throughout 100 US offices.