The managing director of investments at Los Angeles-based Wedbush Securities, Inc., Allison Clago has built a successful career in the sector over the past 30 years. A dedicated philanthropist, Allison Clago donates to multiple educational and health causes, including a sizeable gift to establish a scholarship at California Lutheran University.In 2016, the U.S. Department of Education recognized Cal Lutheran as one of 400 Hispanic-serving institutions (HSI) nationwide. The HSI designation means students of Hispanic origin make up a quarter of the full-time undergraduate population, qualifying the university for federal assistance to support these students' education. Cal Lutheran has reached the 25-percent benchmark for Hispanic students for the past five school years.While the increase in Latino students is partly due to changing demographics, it also reflects Cal Lutheran’s commitment to diversity and inclusion. The university has made a concerted effort to recruit and admit underrepresented students, particularly those who are first-generation college students. It also strives to achieve increased diversity in faculty and administrative positions to build a more inclusive learning environment.
Allison Clago leverages more than three decades of experience to her role as the managing director of investments at Wedbush Securities, Inc. A breast cancer survivor, Allison Clago has contributed $300,000 in recent years to three Southern California organizations dedicated to fighting cancer and other life-threatening diseases. She donated $100,000 to support a proposed center at California Lutheran University to train student researchers. Ms. Clago, who initially enrolled at Cal Lutheran in 1980, withdrew before completing her degree. After working to earn her remaining credits, she received her degree in business administration in 2018.She gave another $100,000 each to the Providence Tarzana Medical Center and the John Wayne Cancer Institute, both of which she credits with having saved her life after she was diagnosed with breast cancer. The goal was to fund research into new ways of fighting disease that do not subject the body to harsh, invasive procedures.Additionally, Ms. Clago has endowed a scholarship fund for finance students at Cal Lutheran in recognition of the education she received at the university, which she credits for much of the success she has achieved.
An accomplished finance executive in Los Angeles, Allison Clago brings more than three decades of experience to her position as a managing director of investments for Wedbush Securities. Outside of her professional life, Allison Clago stands out as an active philanthropist who supports groups and institutions such as the Virginia Robinson Gardens.Founded in 1911, the Virginia Robinson Gardens originally belonged to the estate of wealthy department store magnates Virginia and Harry Robinson. Throughout the 20th century, the estate played host to legendary Hollywood parties featuring guests such as Charlie Chaplin, Elvis Presley, and Marlene Dietrich before Virginia Robinson bequeathed the gardens to Los Angeles County in 1977. Today, the gardens are open to the public and host a range of programs, including a children’s educational program.A science-based learning program for students in second through fifth grades, the Children’s Program offers free tours for groups of up to 42 students from Tuesday through Friday of each week. In addition to the tours, the program comprises interactive learning activities about botany and ecology as well as educational discussions about the sources of the food we eat.The Virginia Robinson Gardens is a state-approved field trip destination. To learn more, please visit www.robinsongardens.org/childrens-program.
With more than 30 years of experience in financial investments and wealth creation, Allison Clago serves as a managing director of investments at Wedbush Securities, Inc. in Los Angeles. A frequent supporter of hospitals and medical research, Allison Clago has made several gifts to Providence Saint John’s Health Center in Santa Monica.Providence Saint John’s Health Center offers a robust volunteer program that has attracted nearly 350 volunteers ranging in age from teenagers to senior citizens. The program has built upon a strong foundation and sense of community over the years, with the longest-serving member of the program having volunteered for more than 40 years.There are more than 30 different tasks with which volunteers can help at the hospital. Some volunteers interact directly with patients, such as in the waiting or reception areas or through the book distribution or therapy animal programs. Other volunteers work behind the scenes, assisting with clerical tasks or in the gift shop.
