Wedbush Securities Expands Wealth Management Presence in Cleveland

Strategic Insights -

Wedbush Securities, a leading financial services firm, has announced the addition of Goodman Wealth Advisors (GWA) to its Independent Franchise Owner Network (IFON) from McDonald Partners. This strategic move significantly strengthens Wedbush's wealth management presence in the Cleveland, Ohio region, further expanding its national footprint. Chairman and CEO John V. Goodman, a seasoned financial expert with over 40 years of experience, leads this transition. Goodman's extensive background includes senior roles at renowned firms such as Lehman Brothers Inc., Société Générale, E.F. Hutton, and S.G. Cowen Securities Corp.

Key Takeaways:

  • Goodman Wealth Advisors, a prominent wealth management firm in Cleveland, Ohio, has joined Wedbush Securities' Independent Franchise Owner Network (IFON).
  • The addition of Goodman Wealth Advisors reflects Wedbush's ongoing strategy to expand its national footprint and enhance its financial service offerings through a commitment to excellence.
  • Chairman and CEO John V. Goodman, with over 40 years of experience in the industry, leads the transition, bringing his expertise and reputation to the partnership.
  • Goodman's team includes President Jared Goodman, Managing Director of Investments Michael Powers, and Vice President of Client Services Helene Shafiyan, all of whom are dedicated to delivering exceptional client service.
  • The partnership aims to deliver expanded resources, innovative solutions, and personalized service to clients in the Ohio region, promoting long-term value and growth.
  • Chris Mone, EVP, Head of Wealth Management, highlighted the partnership's significance, stating, "We're proud to welcome the GWA team of highly respected and deeply experienced professionals who have built a strong reputation in Ohio."
  • The addition of Goodman Wealth Advisors marks a significant step in expanding Wedbush's presence in Ohio, emphasizing the firm's commitment to client-centric services and collaborative growth.

Statistics:

  • 40 years of experience: John V. Goodman's career length in the financial services industry.
  • 40 years of experience: Helene Shafiyan's tenure in financial services, including her time at McDonald Partners, Wells Fargo Advisors, and Morgan Stanley Smith Barney.
  • 100 registered offices: Wedbush Securities' presence across the United States, with a focus on client service, innovation, and advanced technology.
  • 900 colleagues: The number of dedicated professionals working for Wedbush Securities, enabling exceptional client service and financial safety.
  • Partnering with Goodman Wealth Advisors: Enhancing Wedbush's national footprint, expanding its financial service offerings, and promoting client-centric growth.

Sources:

  • Wedbush Securities official announcement, GlobeNewswire, September 08, 2025.
  • Wedbush Securities official website, about Wedbush Securities.
  • FINRA's BrokerCheck website, for information on investment professionals and their firms.