Wellington Shields & Co. LLC

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.

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Wealth Management

It starts with a conversation. We listen, then develop a solution tailored specifically to you, your business and your family. We consider your short-term objectives and your long-term view of the legacy you wish to leave.

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Investment Management

Since our founding and through every market cycle, our disciplined, long-term approach has been critical to ensuring we meet our clients’ goals.

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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.

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Welcome the Bump in the Road

07/07/2021

The S&P 500 and the Wilshire 5000 both rose to record highs at the end of June capping a wonderful first six months of 2021 for equity investors. Most broad market indices had year-to-date advances […]

Either … or. That pretty much is what the market has become

07/02/2021

DJIA: 34,633 Either … or. That pretty much is what the market has become. The correlation between growth and value stocks has plunged to the lowest level since 1928, according to SentimenTrader.com. It is in […]

It’s not the bad down days … it’s the bad up days

06/25/2021

DJIA: 34,196 It’s not the bad down days … it’s the bad up days. For most of this year there have been few bad days either up or down. That changed a bit last week […]

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.