Qapital Invest, Llc
- Regulatory AUM
- $42.1M
- Discretionary
- $42.1M
- Clients
- 30,166
- Avg AUM / client
- $1.4K
- Accounts
- 30,166
- Employees
- 9
AUM over time
Annual snapshots from Form ADV filings · as of Jan 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 30,166 | $42.1M | 100.0% |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Wedbush, Jean, Ardelle | Shareholder | Jan 2020 (7y) | ≈ 5.93% – 50% via Wedbush Capital | |
| Paulino, Francis, N | Manager | Jan 2021 (6y) | Less than 5% | |
| Wedbush, Gary Lance | Manager | Jan 2021 (6y) | Less than 5% | |
| Parrode, Rodrigo Nmn | President & Chief Executive Officer | Feb 2023 (4y) | Less than 5% | |
| Primavera, Frank, Joseph | Head Of Middle Office And Operations | Feb 2023 (4y) | Less than 5% | |
| Bulger, Mark, Andrew | Chief Compliance Officer | Jun 2024 (2y) | Less than 5% | |
| William Cullen Rogers | Registered representative | Apr 2019 (7y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Qapital, Llc | Sole Member | Jan 2021 | A | 75% or more |
| Qapital Stack, Inc. | Shareholder | Jan 2021 | B | ≈ 56.25% – 100% via Qapital, Llc |
| Qap 2.0, Llc | Shareholder | Jan 2021 | B | ≈ 42.19% – 100% via Qapital Stack, Inc. |
| Wedbush Financial Services, Inc. | Shareholder | Jan 2021 | B | ≈ 31.64% – 100% via Qap 2.0, Llc |
| Wedbush Capital | Shareholder | Jan 2021 | B | ≈ 23.73% – 100% via Wedbush Financial Services, Inc. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Wedbush, Jean, Ardelle: 25% – 50% of Wedbush Capital × 75% – 100% of Wedbush Financial Services, Inc. × 75% – 100% of Qap 2.0, Llc × 75% – 100% of Qapital Stack, Inc. × 75% – 100% of Qapital, Llc × 75% – 100% direct ≈ 5.93% – 50% of the firm
- Qapital Stack, Inc.: 75% – 100% of Qapital, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Qap 2.0, Llc: 75% – 100% of Qapital Stack, Inc. × 75% – 100% of Qapital, Llc × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Wedbush Financial Services, Inc.: 75% – 100% of Qap 2.0, Llc × 75% – 100% of Qapital Stack, Inc. × 75% – 100% of Qapital, Llc × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Wedbush Capital: 75% – 100% of Wedbush Financial Services, Inc. × 75% – 100% of Qap 2.0, Llc × 75% – 100% of Qapital Stack, Inc. × 75% – 100% of Qapital, Llc × 75% – 100% direct ≈ 23.73% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 01/30/2026 | 1.33 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- Apex Clearing $23.1M (55% of AUM) Jan 2026
- Wedbush Securities Inc. $5.0M (12% of AUM) Jan 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jan 30, 2026.
View current Form ADV (SEC/IAPD) ↗