David Vincent Shields
Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
WSCM offers a wrap-fee program where advisory, custody, and brokerage services are bundled into a single annual fee based on portfolio value. Fees are subject to negotiation but are based on an annualized rate of up to 1.5%. Fees vary based on client type, pre-existing relationships, assets under management, and service requirements. Clients may incur additional expenses such as mutual fund fees and certain brokerage-related fees.
Areas of Practice
Advisor Information
Office location
60 Broad St., 39th Floor, New York, NY, 10004
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Customer Dispute
December 2002Other Business Activities
David is an interested trustee for Capital Management Investment Trust, overseeing fund activity since 1994. He also serves as a managing director for Wellington Shields Capital Management and a director for Capital Management Associates, Inc., both registered investment advisors, overseeing firm activities since 2010 and 1982 respectively.