Ownership stake · Activity not yet classified

Velocity Trade

Transaction overview

Announced

Announced:

Exact closing date not established.

Wedbush Financial Services, the parent of Wedbush Securities, announced a significant investment in Velocity Trade that would make it the largest outside shareholder, subject to regulatory approval.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.

Source evidence

  1. Wedbush Financial Services Acquires Significant Stake in Velocity Trade ↗

    Wedbush · Published Oct 12, 2022

    Announces a proposed significant investment by Wedbush Financial Services in Velocity Trade, subject to regulatory approval.

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Velocity Trade · RIA Monitor