SEC-registered wealth management firm Broker-dealer affiliated
Wellington Shields Capital Management, LLC
As of its Form ADV filed March 24, 2026, Wellington Shields Capital Management, LLC, an SEC-registered, broker-dealer affiliated wealth management firm in New York, New York, reported $1.2 billion in regulatory assets under management across 578 accounts, ranking #121 among all wealth firms in New York by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 150529
- SEC file number
- 801-70712
- Registered since
- March 9, 2010
- Latest Form ADV filing
- March 24, 2026
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 1
Key figures
- Regulatory assets under management
- $1.2 billion
- Discretionary
- $1.1 billion (89.6%)
- Non-discretionary
- $122.1 million
- Accounts
- 578 (564 discretionary)
- Clients
- 574, approximate as reported
- Employees
- 20
- Advisory staff
- 13 performing investment advisory functions
- Average account
- $2.0 million
- Asset growth, 1 year
- 17.4% (from $999.7 million a year earlier)
- Asset growth, 3-year annual rate
- 4.3% (from $1.0 billion three years earlier)
- Asset growth, 5-year annual rate
- 2.1% (from $1.1 billion five years earlier)
- Client growth, 1 year
- 9.8% (from 523)
Broker-dealer affiliated. The firm is affiliated with a broker-dealer (Item 7.A(1)), at least half of its advisory staff are registered representatives of a broker-dealer (Item 5.B(2) against 5.B(1)), and its advisers manage less than $100 million each on average (5.F(2)(c) over 5.B(1)), the pattern of a broker-dealer's advisory arm rather than an adviser that owns a small broker-dealer. It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $772.0 million |
| October 3, 2011 | $454.4 million |
| October 1, 2012 | $846.0 million |
| October 1, 2013 | $726.8 million |
| October 1, 2014 | $901.0 million |
| October 1, 2015 | $969.1 million |
| October 3, 2016 | $933.3 million |
| October 2, 2017 | $975.8 million |
| October 1, 2018 | $1.0 billion |
| October 1, 2019 | $899.7 million |
| October 1, 2020 | $981.2 million |
| October 4, 2021 | $1.1 billion |
| October 3, 2022 | $1.2 billion |
| October 5, 2023 | $1.0 billion |
| October 1, 2024 | $908.7 million |
| September 2, 2025 | $999.7 million |
| October 2, 2026 | $1.2 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 273 clients | $811.3 million | |
| Charitable organizations 14 clients | $212.6 million | |
| Corporations or other businesses 16 clients | $77.2 million | |
| Individuals (other than high net worth) 271 clients | $65.7 million | |
| Pension and profit sharing plans fewer than 5 clients | $6.6 million |
How the firm is paid
- A percentage of assets under management
- Fixed fees
Advisory services
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 12
- Also registered through a broker-dealer
- 11
- Employees who are IARs (Form ADV 5.B(3))
- 12
Between 2 and 5 of the firm's 12 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 1 disclosure question. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in New York
| Firm | City | RAUM |
|---|---|---|
| Seasons of Advice Wealth Management | New York | $1.2 billion |
| Cooper/Haims Advisors, LLC | Victor | $1.2 billion |
| Reagan Companies Asset Management, Inc | Syracuse | $1.2 billion |
| Kelleher Financial Advisors, LLC | New York | $1.2 billion |
| Ellevest | New York | $1.1 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Wellington Shields Capital Management, LLC on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.wellingtonshields.com
- Wealth management firms in New York
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.