Gabelli Securities, Inc. (Rye)

Name: Gabelli Securities, Inc.
Address: One Corporate Center, Rye, NY, 10580
Telephone: 914-921-5135

Gabelli Securities, Inc. is a large advisory firm based in Rye. It manages $1.15 billion of regulatory assets for 26 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of New York.

Gabelli Securities 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.

Gabelli Securities: assets under management

The assets under management (AUM) of Gabelli Securities, Inc. is $1.15 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 161% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.15 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $44.11 million each.

Gabelli Securities has custody of $683.98 million in cash and securities for 25 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gabelli Securities, 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.

Careers at Gabelli Securities, Inc.

Douglas Gordon Devivo has been acting as President since 1 Jan 1996. Inc. Associated Capital Group joined the executive team most recently as the Shareholder Majority Owner Of Applicant.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Douglas Gordon Devivo	Director	1 Jan 1996	Other	5041061
Robert William Blake	Director	1 Jan 1996	Other	5046388
Inc. Gamco Investors	Shareholder - majority owner of applicant	1 Feb 1999	75% - 100%	13-4007862
Douglas Richard Jamieson	President, director	1 Oct 2004	Other	1056140
Peter D. Goldstein	Chief compliance officer	1 Oct 2004	Other	2898210
Terrence Patrick Clancy	Coo - gabelli & partners llc	1 Oct 2006	Other	4134462
Kieran Douglas Caterina	Chief financial officer	1 Oct 2006	Other	3049042
Christopher J Michailoff	Secretary	1 Jan 2007	Other	3213776
Jeffrey Mark Farber	Chief financial officer	1 Dec 2008	Other	4192238
Robert Zucccaro	Chief financial officer	1 Feb 2011	Other	4240378
Walter Kevin Walsh	Chief compliance officer	1 Dec 2011	Other	2400875
Diane Marie Lapointe	Controller	1 Jun 2012	Other	4855171
David Marc Goldman	Assistant secretary	1 Jun 2012	Other	3191963
Thomas J. Hearity	General counsel and secretary	1 Jun 2012	Other	6086007
Jolyon Simon Torrance	Chief compliance officer	1 Sep 2012	Other	5212264
David Marc Goldman	General counsel and assistant secretary	1 Nov 2013	Other	3191963
Daniel Richard Lee	Director	1 Dec 2013	Other	715417
Marc Joseph Gabelli	Director	1 Jun 2014	Other	2236722
Kevin Handwerker	Secretary	1 Sep 2014	Other	4163462
Salvatore Frederick Sodano	Director	1 Sep 2014	Other	6127403
David Lawrence Fitzgerald	Chief compliance officer	1 Apr 2015	Other	6536494
Inc. Associated Capital Group	Shareholder - majority owner of applicant	1 Nov 2015	75% - 100%	47-3965991

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mario Joseph Gabelli	Ceo, director and majority shareholder of common stock	1 Nov 1976	50% - 75%	216136
Inc. Ggcp	Shareholder of class b common stock	1 Feb 1999	75% - 100%	13-4007862
Inc. Ggcp	Manager and member	1 May 2010	75% - 100%	13-3056041
Ggcp Holdings Llc	Majority shareholders of the class b common stock	1 May 2010	75% - 100%	27-2509609

Based in Rye

The principal office where Gabelli Securities, 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 gabelli.com/.