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Garden City, NY Office

Team
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Wilmington Capital Securities, LLC logo

Wilmington Capital Securities, LLC

Team

Firm-wide stats for Wilmington Capital Securities, LLC

Total advisors

6

Across 3 offices

Clients per advisor

29 Very Low

Avg AUM per client

$1,581,203 High

HNW client ratio

18% Low

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.

Based on Wilmington Capital Securities, LLC

Expertise

Active portfolio management Options & derivatives strategies

Based on Wilmington Capital Securities, LLC

Location

666 Old Country Road, Suite 505

Garden City NY 11530

Advisors at this office

4

Advisors at this office

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

Ronald D

Series 63, Series 65

Garden City, NY

Wilmington Capital Securities, LLC

Ronald Dorushkin is a financial advisor with Wilmington Capital Securities, LLC in Garden City, NY, holding Series 63 and Series 65 licenses and with 34 years of industry experience. His work history includes roles at Wilmington Capital Securities since 2007, Clark Dodge & Co., Inc., and S.W. Bach & Company. 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 discretionary and non-discretionary portfolio management and financial planning services to individuals, pensions, trusts, estates, charitable organizations, and business entities. The firm uses a tactical allocation approach incorporating fundamental, technical, and cyclical analysis, offering customized portfolios and fee-based advisory services through multiple custodial platforms.

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
View complete list of advisors at this office
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