close shoutout New Address as of 10/4/24 — 60 Broad Street, 39th Floor, New York, NY 10004
We are
Invested in innovation.
Invested

We combine the latest technology with our insight and experience to grow and preserve wealth.

Grounded in history.
Grounded

Since 1925, we have been a trusted wealth manager helping our clients achieve their goals.

Committed to you.
Committed

The personalized service of an independent firm and resources of a large firm enable us to forge enduring relationships with generations of clients.

About Us

Our firm has been a presence on Wall Street for nearly a century. We are distinguished by our high level of service, forward-thinking approach and commitment to integrity, transparency and respect. We utilize time-tested processes and leading-edge technology to help our clients reach their goals.

Wellington Shields
brochure

Download

Our History

Wellington Shields has a long, rich history in wealth management — evolving and growing by bringing meaningful solutions to generations of individuals, their families and institutions.

1925

H.G. Wellington & Co. joins NYSE

1966

David Shields elected member of the New York Stock Exchange

1978

McMullen & Hard merges into H.G. Wellington & Co.

1982
  • Shields & Company founded by J.V. Shields, Jr. and David Shields
  • David Shields appointed Governor of NYSE
1986
  • Stillman, Maynard & Co. merges into H.G. Wellington & Co.
  • David Shields elected as first floor broker to Board of NYSE
1987

Shields & Company first broker dealer approved for direct telephone access to NYSE floor

1995

Shields & Company launches mutual funds

2000

The Brogan Group Equity Research joins H.G. Wellington & Co.

2001

Herbst Wealth Management founded as unit within Shields & Company

2009

H.G. Wellington & Co. merges with Shields & Company, forming Wellington Shields & Co.

2011
  • Midwood Securities, Inc. joins Wellington Shields
  • Dudack Research Group joins Wellington Shields
  • David Shields elected to Small Firms Advisory Board of FINRA
2016

Equity Risk Management Division formed

2020

WS Futures formed

Insights

Our clients know from experience that they can trust our ideas, insights and analysis.

It’s Not That it’s a Bad Month it’s Just Tricky

10/11/2024

DJIA: 42,454 It’s not that it’s a bad month it’s just tricky… it’s October. More market lows happen in October than in most months, but more 5% corrections happen as well. A market low doesn’t […]

US Strategy Weekly: An Important Earnings Season

10/09/2024

This week marks the beginning of third quarter earnings season, and it will include four S&P financial companies reporting earnings this Friday. According to LSEG IBES, analysts are forecasting S&P Composite earnings per share to […]

Dock Strike, Floods, More War

10/04/2024

DJIA:  42,011 Dock strike, floods, more war … October has begun like a Country and Western song. And we thought September was supposed to be the bad month. If you define a bad day as […]

Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk, liquidity risk, call risk and credit and default risks for both issuers and counterparties. Options carry a high level of risk and are not suitable for all investors. With long options, investors may lose 100% of funds invested. Covered calls provide downside protection only to the extent of the premium received and limit upside potential to the strike price plus premium received. Please read the options disclosure document titled Characteristics and Risks of Standardized Options before considering any option transaction. Suitability for clients to specific services or products may depend upon the individual’s investment objectives, risk tolerance, time horizon and liquidity needs. Certain services may not be suitable for all investors. When considering a certain service or product, investors are encouraged to inquire about all respective fees, expenses, limitations or restrictions.

© Copyright 2024. JTW/DBC Enterprises