Wellington Shields Capital Management, LLC
Assets Under Management
$999.7M
Number of Clients
523
Number of Advisors
12
Average Client AUM
$1.9M
AUM per Advisor
$83.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
WSCM manages client portfolios based on individual needs, offering discretionary and non-discretionary services. Investments include equity, balanced, and fixed income mandates. WSCM's affiliate, Wellington Shields & Co., LLC, provides brokerage services. Fees are subject to negotiation.
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
Location
60 Broad St., 39th Floor, New York, NY, 10004