Metropolitan West Securities, LLC (Los Angeles)


Metropolitan West Securities, LLC is a large advisory firm based in Los Angeles. It manages $56.89 billion of regulatory assets for 175 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Florida, New Jersey, and 3 other states.

Metropolitan West Securities provides portfolio management for pooled investment vehicles and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Metropolitan West Securities: assets under management

The assets under management (AUM) of Metropolitan West Securities, LLC is $56.89 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $56.89 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $325.08 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Metropolitan West Securities, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Metropolitan West Securities, LLC

Thomas William Hayes has been acting as President since 1 Jan 2001. Richard Harlan Schweitzer joined the executive team most recently as the Chief Operating Officer & Management Committee Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Paul Chung Chow Managing director 1 Nov 1994 Other 2241857
Terry Michael Crow Managing director and chief investment officer 1 Nov 1994 Other 1083735
Edward Emilio Curiel Managing director and chief technology strategist 1 Nov 1994 Other 1343647
Thomas Joseph Mackin Chief compliance officer 1 Jan 1999 Other 3035474
Gary Francis Rupert Co-chief operating officer, managing director 1 Jun 1999 Other 2136787
Louis V Molinari Managing director 1 Nov 1999 Other 1867996
Daniel Thomas Murphy Senior vice president 1 Nov 1999 Other 1046010
Kevin Joseph Oconnor Senior vice president 1 Nov 1999 Other 1608077
Robert Reid Jr Womack Managing director 1 Jan 2000 Other 2379368
Paul Bernard Marcus Managing director 1 Jan 2000 Other 1835520
Richard Scott Hollander Board member 1 Jan 2001 Other 724511
Thomas William Hayes President 1 Jan 2001 Other 2389781
Richard Harlan Schweitzer Co-chief operating officer 1 Jan 2001 Other 2312588
Craig Taylor Carlson Chief financial officer 1 Jan 2001 Other 3035478
Llc Metropolitan West Financial Interest owner 1 Dec 2001 50% - 75% 95-4888043
Richard Harlan Schweitzer Chief financial officer 1 Dec 2002 Other 2312588
Gary Francis Rupert Chief executive officer 1 Jan 2003 Other 2136787
Louis V Molinari President-office of relationship management 1 Jan 2003 Other 1867996
Daniel Thomas Murphy Chief risk & compliance officer 1 Jan 2003 Other 1046010
Richard Harlan Schweitzer Chief operating officer & management committee member 1 Jan 2004 Other 2312588
Daniel Thomas Murphy Management committee member 1 Jan 2004 Other 1046010
Wachovia Bank Na Direct owner 1 Jan 2004 75% - 100% 56-0927594

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Richard Scott Hollander Member 1 Dec 2001 75% - 100% 724511
Llc Mw Holdings Interest owner 1 Jan 2002 75% - 100% 95-4778654
Wachovia Corporation Shareholder 1 Jan 2004 75% - 100% 56-0898180
Na Wachovia Bank Shareholder 1 Jan 2004 75% - 100% 56-0898180

Based in Los Angeles

The principal office where Metropolitan West Securities, LLC performs its advisory services is located at 11440 San Vicente Blvd, 3 Rd Floor, Los Angeles, CA 90049, which is also the mailing address of the firm. An additional office of the firm is in Sacramento, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-979-6300 or by fax 310-979-6399. The normal business hours are 6:30am - 4:00pm on Monday - Friday. You can find more information about the New York firm at www.mws.com.