Paul believes that making money takes time, but it can only be done with an eye on the future. Paul serves as the Co-CIO of the Wellington Shields Investment Policy Committee and is the author of the quarterly investment letter to Capital Management clients.
Prior to the merger with Shields & Co. in 2009, Paul was a Division Head and Chief Investment Officer at H.G. Wellington and he was a frequent contributor on CNBC for many years.
During the period July 2002 to November 2006, Paul was also the Chief Investment Officer of the Pax Growth Fund, a multi-cap socially responsible growth fund.
He had joined H.G. Wellington in 1978 as a result of the merger with McMullen & Hard, where Paul was a General Partner and Senior Portfolio Manager since 1970.
Earlier, Paul was an investment specialist at The Bank of New York and he got his start in the asset management field working with his Father, who was also in the investment field. Paul served two tours of duty with the U.S. military, the last as a Captain in the Republic of South Vietnam.
Paul is a proud Husband, Father and Grandfather and he enjoys gardening in his free time. Throughout his life, Paul has been involved in his community whether it was at UVA when he was President of the UVA Polo Association or locally as a member of the Board of Directors of Monmouth Medical Center, as the Head of The Riverside Drive Association, Monmouth County, NJ, and as a Member of the Board of Directors Rumson Country Day School.