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Wedbush Securities Acquires McCall Connelly Group

Wedbush Securities Acquires McCall Connelly Group

Wedbush Securities, the largest subsidiary of Wedbush Financial Services, has added the McCall Connelly Group to its mainline Philadelphia office, expanding its wealth management presence in the Northeast and Mid-Atlantic markets.

Founding members of the Radnor, PA-based McCall Connelly Group include Mike McCall, who will join as SVP, Investments, and take on the role of market manager in the Mid-Atlantic and Northeast. Mike Connelly will join as VP, Investments.

Connelly and McCall have been working together for nearly two decades and have remained a team at multiple firms, most recently B Riley wealth management. Wedbush said McCall Connelly’s strategy considers “opportunities from a global perspective and both micro- and macroeconomic conditions to develop plans that are sustainable over the long term.”

“Joining Wedbush has us excited and looking towards the future, we really appreciate that Wedbush is a boutique firm with the full-scale capabilities of a traditional wire house,” said Connelly. “We are thrilled to be able to utilize all that Wedbush has to offer.”

Established in 1955, Los Angeles-based Wedbush Securities operates 100 registered offices and employs nearly 900 professionals.

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.