Gabelli Securities, Inc. (Rye)


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/.