Thomas Grant is a registered investment advisor at Wellington Shields Capital Management, LLC, based in New York, NY, with 56 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 523 clients with $1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Wellington Shields Capital Management charges an annual investment management fee based on a percentage of the assets they manage. The exact fee schedule may vary depending on the specific portfolio manager handling the account.
For equity and balanced portfolios, the fee ranges from 0.20% up to 1.50% per year. For fixed income portfolios, the fee ranges from 0.20% up to 0.75% per year. Fees are paid quarterly in arrears, either withdrawn directly from the client's account or billed directly to the client.
Location
60 Broad St., 39th Floor, New York, NY, 10004
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
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Thomas is a Managing Director at Wellington Shields Capital Management, a registered investment advisor, responsible for day-to-day operations. This activity takes about 10-20% of Thomas's time.
Employment History
Current Registrations
Wellington Shields Capital Management, LLC
Wellington Shields & CO., LLCBroker
Previous Registrations
H. G. Wellington & CO., INC.Broker
Fahnestock & CO., INC.Broker
Fahnestock International INC.Broker
State Registrations27 states
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