![David Shields](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
David Shields
Directeur Général chez
Wellington Shields & Co. LLC (Investment Management)
Profil
Mr. David V.
Shields is a Chairman & Managing Member at Wellington Shields Capital Management LLC, a Chief Executive Officer & Managing Member at Wellington Shields & Co. LLC and a Vice Chairman & Co-Chief Executive Officer at Wellington Shields & Co. LLC.
He is on the Board of Directors at Boy Scouts of America /Greater New York Councils/.
He provides the leadership and direction for Wellington Shields and is actively involved in compliance, trading, and accounting, on a daily basis.
In addition, long-range planning, corporate culture, and profitability are overarching goals.
He oversees the firm’s relationship with our custody and clearing firm, First Clearing (FC), a subsidiary of Wells Fargo.
He has continued his ties to industry groups and regulators in Washington, to advocate for the industry in general and small firms in particular.
For the future, WSC is continuously looking to recruit professionals in the wealth management area who would be compatible with the firm’s evolving model.
In 2012, he became CEO and initiated cost controls and put a variety of divisions on strict P&Ls which slowly provided some positive results.
He started in the brokerage business as a research analyst in London with a NYSE firm.
He passed the Registered Representative exam of the NYSE (which later became the Series 7) to qualify as a broker while studying at the London School of Economics.
He joined the NYSE as a member in 1966 and continued active on the floor of the Exchange until 2006 when the NYSE went public.
In 1982, he was appointed Governor of the NYSE.
He continued on the floor as President of Shields & Co. while Jerry presided as Chairman upstairs in the office.
In 1986, he became the first floor broker elected to the Board of the NYSE and continued for three terms.
He received his undergraduate degree from the University of Pennsylvania and a graduate degree from London School of Economics & Political Science.
Postes actifs de David Shields
| Sociétés | Poste | Début |
|---|---|---|
Wellington Shields Capital Management LLC
 Wellington Shields Capital Management LLC Investment ManagersFinance WSCM develops a client's personal investment guidelines and creates and manages a portfolio based on the client’s individual objectives, time horizons, risk tolerance, and liquidity needs. The firm’s top-down investment approach emphasizes quality and growth at a reasonable price. They invest in businesses with strong balance sheets that are leaders in their respective industries. WSCM’s investment committee develops a macroeconomic view, which informs their asset allocation. | Président | 01/01/2023 |
Wellington Shields & Co. LLC
 Wellington Shields & Co. LLC Investment Banks/BrokersFinance Provides brokerage services | Directeur Général | - |
Wellington Shields & Co. LLC (Investment Management)
 Wellington Shields & Co. LLC (Investment Management) Investment ManagersFinance WSC-IM develops a client's personal investment guidelines and creates and manages a portfolio based on client’s individual objectives, time horizons, risk tolerance, and liquidity needs. Their investment recommendations are not limited to any specific product or service offered by a broker dealer or insurance company. | Directeur Général | - |
Boy Scouts of America /Greater New York Councils/
 Boy Scouts of America /Greater New York Councils/ Services to the Health IndustryHealth Services Provides support services to youth and families | Directeur/Membre du Conseil | - |
Anciens postes connus de David Shields
| Sociétés | Poste | Fin |
|---|---|---|
Shields & Co.
 Shields & Co. Investment ManagersFinance Shields believes that a mid-cap value equity strategy can enhance investment performance in up markets and help protect capital in down markets by focusing on stocks that are significantly undervalued by the market, have the liquidity and financial stability associated with large-cap companies and possess the attractive growth characteristics of small-cap companies. The firm believes that investment risk can be managed by over- and underweighting economic sectors in accordance with economic conditions. The firm's investment process combines economic and industry insights with rigorous fundamental, quantitative and technical analysis of individual companies and their stocks. They identify economic sectors most likely to benefit from market conditions. Shields economic analysis looks at interest rate forecast, inflationary outlook and probable market direction. They next analyze the impact of interest rates on industries. Shields industry analysis also includes reviewing and analyzing industry reports and trade publications to identify major trends. Next, the firm narrows their universe of mid-cap stocks value stocks employing a multi factor model that seeks low price-to-cash flow, low p/e, moderate debt-to-total capitalization, high ROE and low price-to-asset value. Shields then reduces the value subset to a buy list via fundamental analysis that looks at balance sheets, income and cash flow. Their active due diligence process includes meeting with management, contacting competition and performing a quantitative/technical review. These analysis criteria include relative performance, insider trades, earnings momentum and technical position. For their sell process, every stock is assigned a two-year price objective. Via fundamental analysis, Shields determines whether a stock is overvalued and will sell if fundamentals have not changed. They liquidate their position in a company if its management loses focus, diversifies into unrelated business or sells off its best assets. All research is conducted in-house. | President | 10/03/2010 |
NYSE Group, Inc.
 NYSE Group, Inc. Investment Banks/BrokersFinance Operates multiple securities stock exchange | Corporate Officer/Principal | 25/02/2008 |
Formation de David Shields
Expériences
Fonctions occupées
Actives
Inactives
Sociétés cotées
Entreprise privées
Relations
66
Relations au 1er degré
8
Entreprises liées au 1er degré
Homme
Femme
Administrateurs
Exécutifs
Sociétés liées
| Entreprise privées | 8 |
|---|---|
Shields & Co.
Shields & Co. Investment ManagersFinance Shields believes that a mid-cap value equity strategy can enhance investment performance in up markets and help protect capital in down markets by focusing on stocks that are significantly undervalued by the market, have the liquidity and financial stability associated with large-cap companies and possess the attractive growth characteristics of small-cap companies. The firm believes that investment risk can be managed by over- and underweighting economic sectors in accordance with economic conditions. The firm's investment process combines economic and industry insights with rigorous fundamental, quantitative and technical analysis of individual companies and their stocks. They identify economic sectors most likely to benefit from market conditions. Shields economic analysis looks at interest rate forecast, inflationary outlook and probable market direction. They next analyze the impact of interest rates on industries. Shields industry analysis also includes reviewing and analyzing industry reports and trade publications to identify major trends. Next, the firm narrows their universe of mid-cap stocks value stocks employing a multi factor model that seeks low price-to-cash flow, low p/e, moderate debt-to-total capitalization, high ROE and low price-to-asset value. Shields then reduces the value subset to a buy list via fundamental analysis that looks at balance sheets, income and cash flow. Their active due diligence process includes meeting with management, contacting competition and performing a quantitative/technical review. These analysis criteria include relative performance, insider trades, earnings momentum and technical position. For their sell process, every stock is assigned a two-year price objective. Via fundamental analysis, Shields determines whether a stock is overvalued and will sell if fundamentals have not changed. They liquidate their position in a company if its management loses focus, diversifies into unrelated business or sells off its best assets. All research is conducted in-house. | Finance |
NYSE Group, Inc.
NYSE Group, Inc. Investment Banks/BrokersFinance Operates multiple securities stock exchange | Finance |
University of Pennsylvania
 University of Pennsylvania Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
London School of Economics & Political Science
 London School of Economics & Political Science Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Boy Scouts of America /Greater New York Councils/
Boy Scouts of America /Greater New York Councils/ Services to the Health IndustryHealth Services Provides support services to youth and families | Health Services |
Wellington Shields & Co. LLC
Wellington Shields & Co. LLC Investment Banks/BrokersFinance Provides brokerage services | Finance |
Wellington Shields Capital Management LLC
Wellington Shields Capital Management LLC Investment ManagersFinance WSCM develops a client's personal investment guidelines and creates and manages a portfolio based on the client’s individual objectives, time horizons, risk tolerance, and liquidity needs. The firm’s top-down investment approach emphasizes quality and growth at a reasonable price. They invest in businesses with strong balance sheets that are leaders in their respective industries. WSCM’s investment committee develops a macroeconomic view, which informs their asset allocation. | Finance |
Wellington Shields & Co. LLC (Investment Management)
Wellington Shields & Co. LLC (Investment Management) Investment ManagersFinance WSC-IM develops a client's personal investment guidelines and creates and manages a portfolio based on client’s individual objectives, time horizons, risk tolerance, and liquidity needs. Their investment recommendations are not limited to any specific product or service offered by a broker dealer or insurance company. | Finance |
