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Wilmington Capital Securities
Wilmington Capital Securities formed in 2015 as a New York-based registered investment advisor, establishing its headquarters in Garden City.
Wilmington Capital Securities
Wilmington Capital Securities formed in 2015 as a New York-based registered investment advisor, establishing its headquarters in Garden City. The firm was built to deliver discretionary portfolio management and financial planning directly to individual investors and high-net-worth families, operating under the fiduciary obligation that distinguishes RIAs from broker-dealer models. The firm manages client assets across a mix of equity and fixed-income strategies, constructing portfolios that typically allocate to individual securities, ETFs, and mutual funds. Its investment approach favors strategic asset allocation with periodic rebalancing, rather than tactical trading or alternative-asset origination. The advisory book serves clients concentrated in the New York metropolitan area, with planning services covering retirement income, tax-aware portfolio design, and intergenerational wealth transfer. Wilmington Capital Securities operates as a lean boutique. The firm maintains a technology stack that supports direct client reporting and multi-custodial account aggregation, allowing clients to view held-away assets alongside advisory portfolios. Client acquisition has historically come through professional referrals and local presence rather than national marketing. The firm's structural differentiator is its posture as a pure RIA in a market where many local competitors still operate under a broker-dealer or hybrid framework. Every client relationship carries a fiduciary obligation, and fee schedules are transparently disclosed via Form ADV Part 2, distinguishing the firm from commission-based practices that still cluster in the Long Island wealth corridor.
General information
Firm type
Bank / Wealth / Trust
Year founded
2015
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Garden City
Corporate office
Garden City, NY, United States
Frequently asked questions
Is Wilmington Capital Securities a broker-dealer or an RIA?
The firm is structured as a registered investment advisor, not a broker-dealer. That means it operates under a fiduciary standard, legally obligated to put client interests first on every account. Its Form ADV filings with the SEC disclose fee schedules, conflicts, and the scope of advisory services, consistent with RIA regulation.
Does the firm operate its own portfolio models or outsource to a TAMP?
Wilmington Capital Securities manages portfolios in-house rather than delegating to a third-party turnkey asset management platform. The firm constructs allocations across individual securities, ETFs, and mutual funds, and rebalances portfolios directly. This in-sourced approach keeps investment control local and avoids the layered fees common in TAMP-dependent advisory practices.
What client types does Wilmington Capital Securities serve?
The firm primarily serves individual investors and high-net-worth families, with additional capacity for trusts and other entities. Its base in Garden City gives it a geographic concentration in the New York metro area, particularly the Long Island professional and retiree demographics. The firm does not appear to target institutional mandates or endowment clients.
How does Wilmington Capital Securities charge for its services?
As a fee-only RIA, the firm charges clients a percentage of assets under management, with fee schedules disclosed in its Form ADV Part 2. This contrasts with commission-based firms that may earn revenue from product sales or trading activity. Fee-only structures reduce the incentive to trade excessively or recommend high-commission products.
Does the firm offer financial planning beyond investment management?
Yes, the firm provides financial planning services that complement its portfolio management. Areas of focus typically include retirement income modeling, tax-aware withdrawal strategies, and estate planning coordination. The combination of planning and discretionary management is core to the RIA's service model.
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