FIRST WILSHIRE SECURITIES MANAGEMENT, INC.: Investment Adviser Form ADV Filing

How this adviser has changed

Annual filings

Regulatory assets under management

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal year	Regulatory AUM	Employees	Filed
2021	$359,077,070	11	Mar 30, 2022
2022	$307,358,589	11	Mar 28, 2023
2023	$328,779,338	9	Mar 26, 2024

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
High-net-worth individuals	193	$245,533,677	74.7%
Pooled investment vehicles	2	$45,748,198	13.9%
Individuals	74	$14,732,041	4.5%
Corporations & businesses	4	$14,375,539	4.4%
Retirement plans	6	$8,389,883	2.6%

Filing source

Form ADV 1889286 · Jul 15, 2024 · Item 5.D

Reported by FIRST WILSHIRE SECURITIES MANAGEMENT, INC. (CRD 171971).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

SS&C ALPS

Fund administrator · funds reporting this exact name in the selected filing

These are reported-name connections within this adviser's filing, not a verified global provider identity or market-wide client count.

Private funds & service providers

2 detailed fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

LAKE STREET FUND, L.P.Hedge Fund$38.9MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

LAKE STREET FUND, L.P.

Fund administrator SS&C ALPS LOS ANGELES, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor EISNERAMPER LLP SAN FRANCISCO, California, United States Other funds reporting this name →

Custodian CHARLES SCHWAB & CO., INC. SAN FRANCISO, California, United States Related to adviser: No Other funds reporting this name →

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

EISNERAMPER LLP
PCAOB 274

CHARLES SCHWAB & CO., INC.
SEC 8-16514

Fund details & source

Fund ID: 805-8753145776
Reported beneficial owners: 25
Minimum commitment: $1M
Form D file number: 021-51496

Form ADV 1889286 · Jul 15, 2024 · Schedule D 7.B.(1)

Reported by FIRST WILSHIRE SECURITIES MANAGEMENT, INC. (CRD 171971).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

MOUNT WILSON GLOBAL FUND, L.P.Hedge Fund$6.82MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Mount Wilson Global Fund, L.P.

Fund administrator SS&C ALPS LOS ANGELES, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor EISNERAMPER LLP SAN FRANCISCO, California, United States Other funds reporting this name →

Custodian UMB BANK KANSAS CITY, Missouri, United States Related to adviser: No Other funds reporting this name →

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

EISNERAMPER LLP
PCAOB 274

Fund details & source

Fund ID: 805-4752343957
Reported beneficial owners: 21
Minimum commitment: $500K
Form D file number: 021-145636

Form ADV 1889286 · Jul 15, 2024 · Schedule D 7.B.(1)

Reported by FIRST WILSHIRE SECURITIES MANAGEMENT, INC. (CRD 171971).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since Jul 15, 2024 · previous imported filing

No comparable changes in the displayed metrics.

Filing source

Form ADV 1889286 · Jul 15, 2024 · Items 1 & 5

Reported by FIRST WILSHIRE SECURITIES MANAGEMENT, INC. (CRD 171971).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary: $329M
Non-discretionary: $0

Reported services

Financial planning · Individual portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

1214 EAST GREEN STREET, SUITE 104
PASADENA, CA, 91106-3171, United States

CRD 171971

Filing source

Form ADV 1889286 · Jul 15, 2024 · Items 1 & 5

Reported by FIRST WILSHIRE SECURITIES MANAGEMENT, INC. (CRD 171971).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.