Wellington Shields Capital Management, LLC

RIASEC Registered

Total AUM

$1.2B

Discretionary

$1.1B

90% of AUM

Avg account

$2M

Accounts

578

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 150529
Registered since: March 9, 2010
Website: www.wellingtonshields.com
Custodians: PERSHING LLC
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI69.14%
Charitable Organizations18.12%
Corporations / Businesses6.58%
Individuals5.6%
Pension & Profit Sharing Plans0.56%
Services: Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Wellington Shields Capital Management, LLC is an SEC-registered investment adviser (registered in 2010) that manages portfolios for both individual/family clients and institutional entities. The firm operates as an LLC and charges a mix of percentage-of-assets and fixed fees for advisory services. Its stated advisory activity centers on portfolio management for individuals, small businesses, and for business or institutional clients. Wellington Shields does not identify as an active ESG investor and is not structured as a capital allocator. The firm maintains industry relationships with broker-dealers and other investment advisers, and it custody-assets primarily through Pershing. Wellington Shields manages both discretionary and non-discretionary mandates, reflecting a mix of customized portfolio management services.