Ws Securities Inc (Lenox)


Ws Securities Inc is a related adviser based in Lenox. It manages $61.65 million of regulatory assets for 223 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Massachusetts, New Jersey, and New York.

Ws Securities provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ws Securities: assets under management

The assets under management (AUM) of Ws Securities Inc is $61.65 million. The firm's AUM has grown by 36% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $54.84 million in discretionary accounts and $6.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $249.29 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.27 million.
Ws Securities has custody of $482.64 thousand in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ws Securities Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Ws Securities Inc

Barry Martin Wesson has been acting as President since 1 Dec 2004. Richard Anthony Seeley joined the executive team most recently as the Executive Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Harvey Siegel Chairman, ceo & chief compliance officer 1 Nov 1987 50% - 75% 1072771
Barry Martin Wesson President-coo 1 Nov 1987 25% - 50% 1780580
Edward Stuart Richter Executive vp 1 Dec 2001 Other 4517676
Barry Martin Wesson President 1 Dec 2004 25% - 50% 1780580
Richard Anthony Seeley Executive vice president 1 Dec 2009 Other 4643930

Based in Lenox

The principal office where Ws Securities Inc performs its advisory services is located at 5 Walker Street, Lenox, MA 01240, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 413-637-2900 or by fax 413-637-4330. The normal business hours are 9 am to 5 pm on Monday - Friday.