Wellington Shields Capital Management (WSCM) offers investment management services, providing continuous advice on client investments based on their individual needs. WSCM works with clients to establish goals and objectives, develop investment guidelines, and create and manage portfolios. WSCM also sponsors a wrap-fee program that bundles advisory and brokerage execution services for a single annual fee. WSCM conducts due diligence on third-party managers.
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 Fees are paid quarterly in arrears, either withdrawn directly from the client's account or billed directly to the client.