JF

James Edward Fahey

34 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
29 advisors
Number of Clients
519 clients
Average Client Portfolio
$907K average
Assets Under Management
$470.9M

Fee Structure

Financial Planning:Investment management only

WSC offers a wrap-fee program where clients pay a single annual fee based on their portfolio's value, covering advisory, custody, and brokerage services. The fee is subject to negotiation but is 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 for mutual funds, ETFs, and ETNs. The fee does not include exchange fees, SEC fees, transfer taxes, or certain brokerage-related fees.

Areas of Practice
Investment Management
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Advisor Information

Office location

63 Forest Avenue, Locust Valley, NY, 11560

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Regulatory History (5)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
June 2019
Withdrawn
Financial
April 2016
Final
Customer Dispute
November 2012
Closed-No Action
Customer Dispute
July 2012
Denied
Customer Dispute
July 2008
Denied
Employment History
Current Registrations
Wellington Shields & Co., LLC
February 2017 - Present · 8 yrs 11 mos
Wellington Shields & Co., LLC Broker
November 2016 - Present · 9 yrs 2 mos
Previous Registrations
Oppenheimer & CO. INC.
October 2012 - November 2016 · 4 yrs 1 mo
Oppenheimer & CO. INC. Broker
September 2012 - November 2016 · 4 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
July 2005 - September 2012 · 7 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker
July 2005 - September 2012 · 7 yrs 2 mos
Citigroup Global Markets INC. Broker
July 1993 - July 2005 · 12 yrs
Lehman Brothers INC.Broker
December 1991 - July 1993 · 1 yr 7 mos
State Registrations6 states
CACTFLNJNYPA
AdvisorBrokerBoth
Exams
No exam information available for this advisor.