About

The First Wilshire Way

Founded in 1977 and based in Pasadena, California, First Wilshire Securities Management is an employee-owned boutique investment manager serving both institutional and individual clients. Our mission is to be a top-performing investment manager, operating as a family-like company that contributes to the well-being of our clients and our employees.

We have consistently adhered to the value investing philosophy throughout our history, recognizing companies with great potential at an attractive price. This approach typically results in a portfolio made of predominantly, though not exclusively, small-cap U.S. and foreign equity securities. Our strategy does not conform to any equity benchmarks, thereby allowing us to avoid highly-speculated areas and take advantage of overlooked opportunities. We take great pride in our commitment to exceptional research and client service.

We are currently accepting new clients who meet our account minimum requirement. 

We offer fee-based products that may be appropriate for investors who subscribe to the value investing philosophy and seek exposure to small-cap stocks.

First Wilshire Securities Management reports our performance in compliance with the Global Investment Performance Standards (GIPS®) standards. These are ethical standards created to by the CFA Institute to ensure full disclosure and fair representation of investment performance. They provide a standardized method for calculating and presenting historical investment performance across firms and countries. GIPS® is a registered trademark owned by the CFA Institute. Learn More. A copy of the verification report, which includes a complete list and description of composites and a compliant performance presentation, is available upon request.

Explore our Small-cap Value Investing page to learn more about why we focus on small companies.

Our Portfolio Managers seek to understand our investments better than others. See photos from our many company visits on our On the Road page.

We deeply value our clients, many of whom we have served for decades. Learn more about our Commitment to Our Clients.