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Wilmington Capital Securities, LLC

Updated today

Client assets under management

$270,385,641

Clients

171

18% high-net worth

Advisors

6

of 6 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

29

Very Low

Average account size

$1,581,203

About

Wilmington Capital Securities, LLC provides discretionary and non‑discretionary portfolio management and financial planning to individuals (including high‑net‑worth clients), pensions and profit‑sharing plans, trusts, estates, charitable organizations and business entities. The firm delivers fee‑based advisory services via custodial platforms including Charles Schwab, RBC Correspondent Services and Interactive Brokers, and also offers hourly and fixed‑fee planning arrangements in addition to percentage‑of‑AUM management fees.

WCS describes a tactical allocation approach that uses fundamental, technical and cyclical analysis and may employ equities, mutual funds, fixed‑income, options and cash positions to manage risk and pursue performance; portfolios are customized to client objectives and may include client‑imposed restrictions. The firm provides portfolio management within wrap‑fee programs sponsored by its clearing firm and does not maintain custody of client assets, relying on third‑party custodians for account custody and reporting.

What distinguishes WCS from most teams is that it is also a FINRA‑registered broker‑dealer operating a retail brokerage and investment banking business, and its associated persons are registered representatives who may sell securities and insurance products on a per‑contract basis, which the brochure discloses as a potential conflict of interest. The firm’s regulatory history includes public disclosure events (FINRA and state actions and a registered‑representative sanction in 2011–2022), and WCS identifies specific controls such as instructing clearing firms to rebate certain 12b‑1 fees, monitoring sweep interest arrangements, and supervisory procedures to address conflicts.

Client services

Financial planning Portfolio management

Expertise

Active portfolio management Options & derivatives strategies

Fee options

Fixed

$750 to $2,500 per plan or project

Project-based

$150 - $350 per hour

Main office location

Wilmington Capital Securities, LLC

666 Old Country Road, Suite 505

Garden City NY 11530, United States

Number of offices

4

Most active in

California · Connecticut · Florida · Georgia · New Jersey · New York · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

David A

Series 63, Series 65

Garden City, NY

Wilmington Capital Securities, LLC

David Astorr is a financial advisor with Wilmington Capital Securities, LLC, holding Series 63 and Series 65 licenses and bringing 29 years of industry experience. He has been with Wilmington Capital Securities since 2015. Astorr is the owner and sole proprietor of an investment-related business operating under daveastorr.com. Wilmington Capital Securities, LLC provides fee-based portfolio management and financial planning services to individuals, pensions, trusts, charitable organizations, and business entities, managing approximately $258 million in client assets. The firm employs a tactical asset allocation strategy to manage risk and enhance performance, utilizing a range of securities and analyses while maintaining client accounts with third-party custodians.

Active portfolio management Options & derivatives strategies
user avatar

Dennis L

Series 66

Garden City, NY

Wilmington Capital Securities, LLC

Dennis Lee is a financial advisor at Wilmington Capital Securities, LLC with 13 years of industry experience. He holds a Series 66 designation and has worked at both Wilmington Capital Securities and Trident Partners Ltd., where he currently supervises the municipal bond trading activity. Wilmington Capital Securities, LLC provides fee-based portfolio management and financial planning services to individuals, pensions, trusts, charitable organizations, and business entities. The firm employs a tactical asset allocation strategy using a range of securities and analysis methods, offering both discretionary and non-discretionary advisory services.

Active portfolio management Options & derivatives strategies
user avatar

James M

Series 63, Series 65

Bonita Springs, FL

Wilmington Capital Securities, LLC

James Means is a financial advisor with Wilmington Capital Securities, LLC, holding Series 63 and Series 65 designations and bringing 45 years of industry experience. He has worked at Wilmington Capital Securities since 2019 and previously spent 11 years at RBC Capital Markets, LLC. Outside of his advisory role, he serves as Treasurer and a member of the Board of Directors for Bayview 2 Community Associates, a condominium association in Bonita Springs, FL. Wilmington Capital Securities, LLC provides fee-based portfolio management and financial planning services to individuals, pensions, trusts, charitable organizations, and business entities, managing approximately $258 million in client assets. The firm utilizes a tactical asset allocation approach aimed at reducing risk and enhancing performance through a combination of equities, fixed income, mutual funds, options, and cash positions.

Active portfolio management Options & derivatives strategies
user avatar

Ronald D

Series 63, Series 65

Garden City, NY

Wilmington Capital Securities, LLC

Ronald Dorushkin is a financial advisor with Wilmington Capital Securities, LLC, holding Series 63 and Series 65 licenses and bringing 33 years of industry experience. He has been with Wilmington Capital Securities since 2007 and Wilmington Capital Securities, LLC since 2010. Outside of his advisory role, he serves on the board of directors for The Meridian condominium in Boca Raton, FL. Wilmington Capital Securities, LLC provides fee-based portfolio management and financial planning services to individuals, pensions, trusts, charitable organizations, and business entities, managing approximately $258 million in client assets. The firm employs a tactical asset allocation strategy aimed at reducing risk and enhancing performance, using a variety of securities and analysis methods.

Active portfolio management Options & derivatives strategies
user avatar

John B

Series 63, Series 65

Naples, FL

Wilmington Capital Securities, LLC

John Barnes is a financial advisor at Wilmington Capital Securities, LLC with 47 years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at RBC Capital Markets Corporation for 11 years before joining Wilmington Capital Securities in 2019. Wilmington Capital Securities, LLC provides fee-based portfolio management and financial planning services to individuals, pensions, trusts, charitable organizations, and business entities. The firm employs a tactical asset allocation approach using a range of securities and analysis techniques, managing approximately $258 million in client assets.

Active portfolio management Options & derivatives strategies
user avatar

John G

CFP®, Series 63, Series 65

Garden City, NY

Wilmington Capital Securities, LLC

John Griffin is a Certified Financial Planner® with 24 years of industry experience. He has been with Wilmington Capital Securities, LLC since 2015. Outside of his advisory role, he is the sole owner of an LLC that holds a New York City taxi medallion. Wilmington Capital Securities, LLC provides fee-based portfolio management and financial planning services to individuals, pensions, trusts, charitable organizations, and business entities. The firm employs a tactical asset allocation approach using a variety of securities and analytical methods, managing approximately $258 million in client assets.

Active portfolio management Options & derivatives strategies
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