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

60 Broad Street, 39th Floor, New York, NY, 10004

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Regulatory History (2)
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
April 2012
Award / Judgment
Customer Dispute
March 2011
Settled
Employment History
Current Registrations
Wellington Shields & Co., LLC
January 2022 - Present · 4 yrs
Wellington Shields & Co., LLC
November 2009 - Present · 16 yrs 2 mos
Wellington Shields & Co., LLC Broker
November 2009 - Present · 16 yrs 2 mos
Previous Registrations
Shields & CompanyBroker
November 2000 - December 2009 · 9 yrs 1 mo
Herzog, Heine, Geduld, INC.Broker
July 1989 - January 2001 · 11 yrs 6 mos
Meyers Pollock Robbins, INC.Broker
November 1987 - July 1989 · 1 yr 8 mos
Ingham, Becker & Co., INC.Broker
August 1985 - January 1988 · 2 yrs 5 mos
Rosenkrantz, Ehrenkrantz, Lyon & Ross IncorporatedBroker
January 1978 - February 1985 · 7 yrs 1 mo
Daley & CompanyBroker
November 1972 - February 1978 · 5 yrs 3 mos
Source Securities CorporationBroker
March 1972 - October 1972 · 7 mos
State Registrations24 states
AZCACOCTFLGAILMAMDMIMNMTNJNVNYOHOKPARISCTXVAVTWY
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Guy Maxwell Ule - Financial Advisor | AdvisorDiscover