Joseph P. Difranks

WELLINGTON SHIELDS & CO.

NEW YORK, NY 10004

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CRD#: 1723717

Professional summary

Joseph Paul Difranks, who also goes by Joseph Difranks, is a registered financial professional currently at WELLINGTON SHIELDS & CO., LLC located in New York, New York.

Joseph is registered as a RR (Registered Representative) and started their career in finance in 2000. Joseph has worked at 5 firms and has passed the Series 66, SIE, Series 7, Series 3 and Series 30 exams.

Question & Answer

Are you a "fiduciary"?

Aliases

Joseph Difranks

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - BD

Click below to view Joseph Paul Difranks's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

November 6, 2009 - Present

WELLINGTON SHIELDS & CO., LLC

Office #1: 60 Broad Street 39th Floor, New York, NY 10004Office #2: 60 Broad St. 39th Floor, New York, NY 10004

RIA

CRD#: 149021

NEW YORK, NY

Past

March 9, 2010 - September 17, 2025

WELLINGTON SHIELDS & CO., LLC

RIA

CRD#: 149021

NEW YORK, NY

Past

January 18, 2006 - December 31, 2010

H. G. WELLINGTON & CO., INC.

RIA

CRD#: 7536

NEW YORK, NY

Past

January 6, 2006 - December 9, 2009

H. G. WELLINGTON & CO., INC.

CRD#: 7536

NEW YORK, NY

Past

May 30, 2003 - December 31, 2005

OBERWEIS SECURITIES, INC.

CRD#: 42060

LISLE, IL

Past

February 1, 2002 - June 6, 2003

ROSENTHAL COLLINS SECURITIES, L.L.C

CRD#: 41915

CHICAGO, IL

Past

October 12, 2000 - January 18, 2002

NEWEDGE USA, LLC

CRD#: 36118

CHICAGO, IL

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

WELLINGTON SHIELDS & CO., LLC

CRD#: 149021 / SEC#: 801-70755, 8-68098

RIA

Registered Investment Advisory firm - SEC (3/9/2010 Approved)

Broker-Dealer Firm Regulated by FINRA (New York district office)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

Delaware
(1/26/2022)

Maryland
(7/10/2018)

New Jersey
(11/24/2009)

New York
(11/6/2009)

Pennsylvania
(11/24/2009)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 66

Date: 2/4/2003

Uniform Combined State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 5/10/1999

General Securities Representative Examination

General Industry/Product Exam

Series 3

Date: 8/4/1987

National Commodity Futures Examination

Principal/Supervisory Exam

Series 30

Date: 6/24/2011

NFA Branch Manager Examination

SRO Registrations

FINRA

SRO Registrations

NYSE American LLC

SRO Registrations

New York Stock Exchange

Current Firm

WELLINGTON SHIELDS & CO., LLC

CRD#: 149021 / SEC#: 801-70755, 8-68098

RIA

Registered Investment Advisory firm - SEC (3/9/2010 Approved)

Broker-Dealer Firm Regulated by FINRA (New York district office)

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Contact information

Main Address

60 Broad Street 39th Floor, New York, NY 10004

Mailing Address

60 Broad Street 39th Floor, New York, NY 10004

Phone number

(212) 320-3000

Established

New York since 08/29/2008

Firm type

Limited Liability Company

Fiscal year end

December

Firm Size

Small

# of Employees

SEC notice filing (16 States and Territories)

FINRA licenses (52 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Customer Relationship Summary (CRS / FINRA)

Latest Form ADV

Part 2 Brochures

WRAP FEE PROGRAM (3/24/2025)

PART 2A OF FORM ADV: FIRM BROCHURE (3/24/2025)

Direct owners and executive officers

Name	Position	CRD#
WELLINGTON SHIELDS HOLDINGS, LLC	OWNER
CEMBROLA, JOSEPH NICHOLAS	MEMBER OPERATIONS	2310761
CURCURU, PHILIP MICHAEL	CFO/COO	4170350
GRANT, THOMAS WATERS	MANAGING MEMBER	227594
GULDEN, PAUL IMMO JR	MANAGING MEMBER	231863
MARCH, EDWARD KENNETH	SVP, HEAD OF TRADING, MSRB PRINCIPAL, SROP/CROP	2100535
MCFADDEN, WILLIAM JAMESON	CEO	5337971
PORTAS, STEPHEN JOHN	PRESIDENT, CHIEF COMPLIANCE OFFICER	2482930
SHADEK, LAURENCE ARTHUR	MANAGING MEMBER/SECY	419483
SHIELDS, DAVID VINCENT	CHAIRMAN/MANAGING MEMBER	1072810
SPERRY, MARK PORTER	MEMBER	1330909

Regulatory assets under management

Total Number of Accounts	524
AUM (Assets Under Management)	$ 470,890,341

Disclosures

Regulatory Event	4
Arbitration	1

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
09/29/2025	Cover Page	Report
08/29/2024	Cover Page	Report
11/22/2023	Cover Page	Report
01/27/2023	Cover Page	Report

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Firm Stability Insights

Joseph P. Difranks

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - BD

Click below to view Joseph Paul Difranks's CRS (Customer Relationship Summary).

Certified licenses

Experience

WELLINGTON SHIELDS & CO., LLC

H. G. WELLINGTON & CO., INC.

H. G. WELLINGTON & CO., INC.

OBERWEIS SECURITIES, INC.

ROSENTHAL COLLINS SECURITIES, L.L.C

NEWEDGE USA, LLC

Primary Firm SEC Registration

WELLINGTON SHIELDS & CO., LLC

State Registrations and Notice Filings

Exams

Series 66

Date: 2/4/2003

SIE

Date: 10/1/2018

Series 7

Date: 5/10/1999

Series 3

Date: 8/4/1987

Series 30

Date: 6/24/2011

FINRA

NYSE American LLC

New York Stock Exchange

Current Firm

WELLINGTON SHIELDS & CO., LLC

Contact information

SEC notice filing (16 States and Territories)

FINRA licenses (52 States and Territories)

Documents

Part 2 Brochures

Direct owners and executive officers

Regulatory assets under management

Disclosures

Accountant surprise examination report

Red Flags

Company Information

WELLINGTON SHIELDS & CO., LLC

TRUST BUT VERIFY

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