JWGENESIS FINANCIAL CORP /
SC 13G, 1998-06-24
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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                 SECURITIES AND EXCHANGE COMMISSION
                       Washington, D.C. 20549



                            SCHEDULE 13G


              Under the Securities Exchange Act of 1934


                      JWGENESIS FINANCIAL CORP.
                      -------------------------
                          (Name of Issuer)

               COMMON STOCK, $.001 PAR VALUE PER SHARE
               ---------------------------------------
                   (Title of Class of Securities)

                             482227 10 5
                           --------------
                           (CUSIP Number)

                            JUNE 12, 1998
       -------------------------------------------------------
       (Date of Event Which Requires Filing of this Statement)

     Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:

     [   ]     Rule 13d-1(b)
     [ X ]     Rule 13d-1(c)
     [   ]     Rule 13d-1(d)

     The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided in
a prior cover page.

     The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18 of
the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise
subject to the liabilities of that section of the Exchange Act but
shall be subject to all other provisions of the Exchange Act (however,
see the Notes).

<PAGE>
CUSIP No. 482227 10 5            13G                Page 2 of 6


  1  NAME OF REPORTING PERSON
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

     WILL K. WEINSTEIN
===============================================================
  2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                     
           NOT APPLICABLE
                                                   (a) / /
                                                   (b) / /
===============================================================
  3  SEC USE ONLY

===============================================================
  4  CITIZENSHIP OR PLACE OF ORGANIZATION


     UNITED STATES OF AMERICA
===============================================================
            | 5  SOLE VOTING POWER
            |
            |    407,550
            |==================================================
 NUMBER OF  | 6  SHARED VOTING POWER
   SHARES   |
BENEFICIALLY|    NOT APPLICABLE
 OWNED BY   |==================================================
   EACH     | 7  SOLE DISPOSITIVE POWER
REPORTING   |
 PERSON     |     407,550
 WITH       |==================================================
            | 8  SHARED DISPOSITIVE POWER
            |
            |    NOT APPLICABLE
===============================================================

  9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 
     PERSON 

     407,550
===============================================================
 10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
     CERTAIN SHARES

          NOT APPLICABLE                      / /
===============================================================
 11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     7.5%
===============================================================
 12  TYPE OF REPORTING PERSON

     IN
================================================================

<PAGE>
                                                        Page 3 of 6



                 SECURITIES AND EXCHANGE COMMISSION
                       Washington, D.C. 20549

                            SCHEDULE 13G
       Information Statement Pursuant to Rules 13d-1 and 13d-2

Item 1(a) NAME OF ISSUER:

          JWGenesis Financial Corp.

Item 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

          980 North Federal Highway, Suite 210
          Boca Raton, Florida  33432

Item 2(a) NAME OF PERSON FILING:

          Will K. Weinstein

Item 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE

          c/o 907 Montgomery Street, Suite 600
          San Francisco, California  94133

Item 2(c) CITIZENSHIP:

          United States of America

Item 2(d) TITLE OF CLASS OF SECURITIES:

          Common Stock, $.001 Par Value Per Share

Item 2(e) CUSIP NUMBER:

          482227 10 5
<PAGE>
                                                          Page 4 of 6


Item 3    IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(b),
          OR 13D-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

          (a) / / Broker or dealer registered under Section 15 of the
                  Exchange Act.
          (b) / / Bank as defined in Section 3(a)(6) of the Exchange
                  Act.
          (c) / / Insurance company as defined in Section 3(a)(19) of
                  the Exchange Act.
          (d) / / Investment company registered under Section 8 of
                  the Investment Company Act.
          (e) / / An investment adviser in accordance with Rule 13d-
                  1(b)(1)(ii)(E);
          (f) / / An employee benefit plan or endowment fund in
                  accordance with Rule 13d-1(b)(1)(ii)(F);
          (g) / / A parent holding company or control person in
                  accordance with Rule 13d-1(b)(1)(ii)(G);
          (h) / / A savings association as defined in Section 3(b) of
                  the Federal Deposit Insurance Act;
          (i) / / A church plan that is excluded from the definition
                  of an investment company under Section 3(c)(14) of
                  the Investment Company Act;
          (j) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(J).


          If this statement is filed pursuant to Rule 13d-1(c),
          check this box.      /x/

Item 4(a) AMOUNT BENEFICIALLY OWNED:

          407,550

Item 4(b) PERCENT OF CLASS:

          7.5%

Item 4(c) NUMBER OF SHARES AS TO WHICH REPORTING PERSON HAS:

          (i)       Sole power to vote or to direct the vote:
                    407,550

          (ii)      Shared power to vote or to direct the vote: -0-

          (iii)     Sole power to dispose or to direct the
                    disposition of: 407,550

          (iv)      Shared power to dispose or to direct the
                    disposition of: -0-
<PAGE>
                                                        Page 5 of 6

Item 5    OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

          Not Applicable

Item 6    OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
          ANOTHER PERSON:

          Not Applicable

Item 7    IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
          ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
          HOLDING COMPANY:

          Not Applicable

Item 8    IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
          GROUP:

          Not Applicable

Item 9    NOTICE OF DISSOLUTION OF GROUP:

          Not Applicable

Item 10   CERTIFICATION:

     (b)  The following certification shall be included if the
statement is filed pursuant to Rule 13d-1(c):

     By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in
any transaction having that purpose or effect.
<PAGE>
                                                        Page 6 of 6


                              SIGNATURE

     After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.


                                          /s/ Will K. Weinstein
                                        --------------------------
                                        Will K. Weinstein

                                           June 24, 1998
                                        --------------------------
                                        Date



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