Gabelli & Company Investment Advisers, Inc. is a large advisory firm based in Rye. It manages $1.7 billion of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of New York.
Gabelli & Company Investment Advisers provides portfolio management for pooled investment vehicles 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.
The assets under management (AUM) of Gabelli & Company Investment Advisers, Inc. is $1.7 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 49% since the beginning of its operation, and $990.81 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Gabelli & Company Investment Advisers, Inc. for their services and products based on a percentage of assets under management and performance-based fees. 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.
The only and largest group of clients of Gabelli & Company Investment Advisers is pooled investment vehicles with 28 clients and $1.47 billion of assets under management. Among the 7 most similar advisory firms, Gabelli & Company Investment Advisers has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.47 billion for 28 clients. 48% of the firm’s clients are foreign persons or businesses.
Gabelli & Company Investment Advisers also advises several private funds. Namely, twenty four hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $10,000,000.
The company employs 24 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Gabelli & Company Investment Advisers, Inc. performs its advisory services is located at One Corporate Center, Rye, NY 10580, 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 914-921-5135 or by fax 914-921-5060. The normal business hours are 8 a.m. - 6 p.m. on Monday - Friday. You can find more information about the New York firm at associated-capital-group.com.