FIRST WILSHIRE SECURITIES MANAGEMENT, INC.

CRD 171971File 801-15260

APPROVED

Retail clients

Custody

Filing as of May 5, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$415.5M

Below cohort median (national)

Discretionary AUM

$415.5M

Clients

286

286 accounts

Employees

Below cohort median in CA

Identity & registration

ADV Item 1

Organization form: Corporation
Firm type: Registered
SEC region: LARO
Registration date: May 27, 1980
Principal office: 200 SOUTH LOS ROBLES AVE., SUITE 620, PASADENA, CA, 91101
Phone: 626-796-6622
Website: HTTPS://FIRSTWILSHIRE.COM

Assets & accounts

ADV Item 5F

Total regulatory AUM: $415.5M
Discretionary AUM: $415.5M
Non-discretionary AUM: $0
Discretionary accounts: 286
Non-discretionary accounts: 0
Total accounts: 286
AUM per client: $1.5M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Other	5	$20.9M
High net worth individuals	202	$305.7M
Pooled investment vehicles	2	$55.7M
Pension and profit sharing plans	4	$8.8M
Individuals (other than high net worth individuals)	73	$24.4M

Compensation & activities

ADV Items 5E, 5G

Compensation

Performance-based fees
A percentage of assets under your management

Advisory activities

Financial planning services
Portfolio management for businesses
Portfolio management for pooled investment vehicles
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: No
Firm Custody Assets: Yes
Firm Custody Clients: Yes
Firm Custody Securities: No
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: Yes

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.