Wedbush Securities Futures Division Announces Collaboration with RCM Alternatives

CHICAGO, July 11, 2017 /PRNewswire/ -- Wedbush Securities, a leading non-bank Broker Dealer and Futures Commission Merchant, announces the transition of Tom Anderson and Tom Chlada, from Wedbush Securities to RCM Alternatives ("RCM"). This transition is intended to be part of a larger collaboration with RCM on several fronts meant to further solidify the firm's relationship with the firm, which is one of the largest independent Introducing Brokers in the futures space.

Since 2015, Tom Anderson, formerly the Head of Sales and Tom Chlada, formerly Senior Vice President at Wedbush, spearheaded the firm's futures clearing focus in the Professional Trader Community ("PTC"). They will now make the transition to RCM, allowing for the combination of Wedbush clearing facilities and the full suite of client services at RCM, to enhance the collective client experience. This will be facilitated through specialized joint marketing efforts to clients needing those products to more effectively manage market execution, slippage, and asset class exposure. 

"This further strengthens the strategic relationship we've had with RCM over the past several years," states Bob Fitzsimmons, Managing Director, Head of Futures. "We look forward our continued work with Tom Anderson and his team, as we expand our various futures product offerings."

Bobby Schwartz, Managing Partner at RCM Alternatives says, "Adding the expertise of Mr. Anderson and Mr. Chlada to our already skilled team will expand the opportunities for our professional clients through our suite of ever improving tools and relationships, while continuing to leverage Wedbush's many capabilities."

About RCM Alternatives 
RCM Alternatives is one of the largest independent Introducing Brokers in the futures space. The firm sources and structures global macro and managed futures investments for end investors, touching on all aspects of the investment from manager meetings and due diligence to vendor selection and new account onboarding. RCM also works with asset managers to provide strategic cap intro services, multi-FCM clearing and execution solutions, and risk management software.

About Wedbush Futures
Wedbush Futures, a division of Wedbush Securities Inc., is one of the largest non-bank Futures Commission Merchants ("FCM") in the United States. The division specializes in clearing and financing activities for professional traders and strategic correspondents. Located in Chicago, Wedbush Futures is at the forefront of our business, with deep industry specialization and a distinguished track record in financial securities.  Our client relationships are built on trust and supported by our firm, which is rooted in experience, stability, and innovation.

About Wedbush Securities
Since our founding in 1955, Wedbush has been a leader in the financial industry providing our clients with a wide range of services; including institutional sales, correspondent clearing services, equity research, corporate and municipal finance, equity market making, fixed income trading, prime brokerage, and wealth management. Headquartered in Los Angeles, with nearly 100 registered offices, the firm focuses on dedicated service, client financial safety, continuity, and advanced technology. Wedbush Securities is the largest subsidiary of holding company WEDBUSH, Inc., which also includes affiliated firms.

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SOURCE Wedbush Securities