| | Business Summary | | Gabelli
Asset
Management
Inc.
is
a
provider
of
investment
advisory
and
brokerage
services
to
mutual
fund,
institutional
and
high-net-worth
investors,
primarily
in
the
United
States.
The
Company
generally
manages
assets
on
a
discretionary
basis,
and
invests
in
a
variety
of
United
States
and
international
securities
through
various
investment
styles.
Unlike
many
of
its
competitors,
the
Company's
business
is
focused
principally
on
investment
management.
As
such,
the
Company's
revenues
are
largely
based
on
the
level
of
assets
under
management
in
its
business
and
the
level
of
fees
associated
with
its
various
investment
products,
rather
than
total
assets
of
the
Company.
As
of
December
31,
2000,
the
Company
had
approximately
$23.6
billion
of
assets
under
management,
88%
of
which
were
invested
in
equity
securities.
The
Company's
assets
under
management
are
organized
principally
in
three
groups:
Mutual
Funds,
Separate
Accounts
and
Partnerships. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Gabelli
Asset
Management
is
a
provider
of
investment
advisory
and
brokerage
services
to
mutual
fund,
institutional
and
high
net
worth
investors,
primarily
in
the
U.S.
For
the
six
months
ended
6/30/01,
revenues
increased
less
than
1%
to
$115.4
million.
Net
income
increased
9%
to
$30.7
million.
Revenues
reflect
the
growth
of
average
assets
managed
in
open
end
mutual
funds.
Earnings
also
benefitted
from
lower
incentive
compensation
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Mario Gabelli, 57
Chairman,
CEO, Chief Investment Officer | $42M | Robert Zuccaro, 43
VP
and CFO | 488K | James McKee, 36
VP,
Gen. Counsel and Sec. | -- | Bruce Alpert, 48
Exec.
VP and COO of Gabelli Funds, LLC | 768K | Stephen Bondi, 42
Pres
of Gabelli Securities, Inc. | 412K | | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/g/gbl.gif)