Gabelli Asset Management Inc. - GBL- Profile

Gabelli Asset Management Incorporated. The principal activity of the Group is the provision of investment advisory and brokerage services to mutual fund, institutional and high net worth investors, primarily in the United States. They also manages assets on discretionary basis and invest in a variety of US and international securities through various investment styles. The primary business of the company is focused on investment management. As of December 2000, the company had $23.6 billion of assets under management, 88% of which were invested in equity securities. Investment advisory and incentive fees, 81%; distribution fees and other income, 12% and broker commissions, 7%.