Client Relationship Summary – Form CRS
Morgan Wilshire Securities, Inc. (MWSI) provides a Client Relationship Summary (Form CRS), as required by the Securities and Exchange Commission (SEC), to provide important information about our brokerage services and our relationship with retail investors. Form CRS describes the services we offer, the fees and costs you may pay, and the potential conflicts of interest associated with our recommendations. It is intended to present key information in a clear, concise format to help you better understand our services and make informed decisions when working with our firm.
Click: Morgan Wilshire Securities, Inc. Form CRS
About Morgan Wilshire
Morgan Wilshire Securities, Inc. (“MWSI”), is a Broker-Dealer established in August 1998, located in Garden City, New York. We are members of the Financial Industry Regulatory Authority, Inc. (FINRA), the Securities Investor Protection Corporation (SIPC) and the Municipal Securities Rulemaking Board (MSRB). MWSI accounts are held at RBC Clearing & Custody.
Morgan Wilshire Securities is always looking for special investment opportunities for our clients, primarily in securities traded on the New York Stock Exchange and NASDAQ markets. MWSI will effect transactions in exchange-listed securities, over-the-counter equities (NASDAQ-NMS and NASDAQ-Small Cap Securities). MWSI will seek to identify successful equity opportunities for our high net worth clients and their businesses. MWSI is highly selective about whom it accepts as its clients. Each of our clients have an annual income in excess of $100,000, with a net worth of at least $500,000 (exclusive of their homes) and existing investments in securities of at least $100,000. Our goal is to deal exclusively with knowledgeable investors who understand financial markets, the rewards to be gained and the risks attendant to such decisions.
Morgan Wilshire Securities searches the market for timely single equity special situations which are not limited to any particular industry, rather we examine many industries to find interesting investment opportunities. We do not limit our self to securities traded on one market, although many of the securities we do follow trade on a national securities exchange, (e.g., the New York Stock Exchange, Inc.) we also attempt to identify, track and, as appropriate, recommend investments in certain NASDAQ traded Securities. 
Morgan Wilshire has invested in advanced computer systems and software to assist its principals and registered representatives to discover important financial data about particular industries and companies. Additionally, we utilize major research publications such as Value Line, Standard & Poor’s and Moody’s and obtain secondary analysis and continuous updates from our Clearing Firm, RBC Clearing & Custody. MWSI often goes one-step in further identifying promising investment opportunities. It is not uncommon for MWSI principals to speak with industry analysts and communicate with a subject company’s investment relations department. Additionally, our principals' years of investment experience has allowed them to develop relationships with other Wall Street firms, allowing them to stay on top of the investment community, as well as, keep in touch with what is going on in the market in general, and at other brokerage firms. MWSI, through the utilization of these resources, attempts to identify opportune entrance and exit points for the securities and other investments it follows.
We generally recommend and follow securities traded on the New York Stock Exchange and on NASDAQ’s National Market System. On some occasions our clients may choose to invest in securities traded on NASDAQ’s Small Capital Market System or to use a “Short Sale” strategy. These types of securities and investment strategies are appropriate for risk tolerant investors. Your account assets will be protected by the Securities Investor Protection Corporation (SIPC). Read about Morgan Wilshire Securities, Inc.'s donation to the Westbury, NY Fire Department.