Managing Director – Herbst Group (HG), a unit of Wellington Shields & Co. LLC
Year joined Shields & Co.: 2001
Ed is the Co-founder of the Herbst Group and Head of Fixed Income Portfolio Management. HG manages assets for high net worth individuals and families as well as foundations and endowments.
Previous Experience/Career Highlights:
Ed has worked in the financial sector for over 40 years. He began his career at Drexel Burnham and went on to become a Senior Vice President of Institutional Options. For the next 15 years, Ed was a General Partner and COO at Cowen & Company. In 2001, he joined Shields & Company and in 2005 he co-founded the Herbst Group, which is dedicated exclusively to managing assets for wealthy individuals, families, foundations, and endowments.
Education and Certification:
- George Washington University, BA – Political Science
- NYU Graduate School of Business (Stern), attended
Other Interests and/or affiliations:
Ed is on the Board of Directors for the Signature Theatre and was formerly on the Board of Directors of The Second Stage Theatre, and The American-Italian Cancer Foundation.