As Chairman, David 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. David 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.