# Gamco Asset Management Inc.

> Gamco Asset Management Inc. is an SEC-registered investment advisory firm in Greenwich, CT, registered since 1978, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 104950
- Filed as: GAMCO ASSET MANAGEMENT INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Greenwich, CT
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104950
- AdvisorCensus page: https://advisorcensus.com/firm/gamco-asset-management-inc-greenwich-ct-104950

## Quick answers

**How is Gamco Asset Management Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Gamco Asset Management Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other.

**Where is Gamco Asset Management Inc. located?**
Gamco Asset Management Inc.'s principal office is in Greenwich, CT, according to its Form ADV; the April 2026 filing also lists 6 other offices (Schedule D, Section 1.F).

**Is Gamco Asset Management Inc. registered with the SEC or a state?**
Gamco Asset Management Inc. is an SEC-registered investment advisory firm, registered since 1978. Status as filed: Approved. CRD 104950.

**How much does Gamco Asset Management Inc. manage?**
Gamco Asset Management Inc. reports $11,688,421,945 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Gamco Asset Management Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Gamco Asset Management Inc.: Regulatory assets under management: $11,560,368,432 in the October 2021 data and $11,688,421,945 in the October 2026 data, up 1%. Total employees: 96 in October 2021 and 120 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Gamco Asset Management Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (1,757); charitable organizations (149); corporations or other businesses not listed above (68).

**Which custodians does Gamco Asset Management Inc. use?**
Gamco Asset Management Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists J.P. Morgan Securities LLC and Wells Fargo Clearing Services, LLC as custodians holding 10% or more of its separately managed account assets.

**Does Gamco Asset Management Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/104950

**What changed in Gamco Asset Management Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 46 to 45. Changed its office addresses in Chicago, IL. Registered or notice-filed in AR, MT. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Minimum annual fee: $5,000

> The stated investment management fee for new clients is generally one percent per year, or a minimum annual fee of $5,000, whichever is greater.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- J.P. Morgan Securities LLC
- Wells Fargo Clearing Services, LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $11,688,421,945
- Discretionary: $11,663,664,357
- Non-discretionary: $24,757,588

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | Not reported |
| High net worth individuals | 1,757 | $4,624,111,024 |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Investment companies | 9 | $4,414,898,353 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 50 | $612,191,213 |
| Charitable organizations | 149 | $1,204,583,587 |
| State or municipal government entities (including government pension plans) | 9 | $467,935,940 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | 68 | $364,701,828 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1978 (48 years)
- Employees: 120 total, 45 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, TN, TX, UT, VA, VT, WA, WI, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Chicago, IL
- Greenwich, CT
- Morristown, NJ
- Mount Pleasant, SC
- Palm Beach, FL
- Reno, NV

### Websites listed on Form ADV (Item 1.I)
- [gabelli.co.uk](https://gabelli.co.uk)
- [gabelli.com](https://gabelli.com)
- Facebook @INVESTGABELLI
- Instagram @INVESTGABELLI
- LinkedIn @INVESTGABELLI
- X @GABELLITV
- X @INVESTGABELLI
- YouTube @GABELLITV

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $11,560,368,432 | 96 | March 29, 2021 |
| October 2022 | $12,720,342,295 | 99 | March 31, 2022 |
| October 2023 | $10,590,492,183 | 101 | March 30, 2023 |
| October 2024 | $10,377,380,683 | 105 | March 26, 2024 |
| October 2025 | $11,465,946,000 | 112 | July 10, 2025 |
| October 2026 | $11,688,421,945 | 120 | March 31, 2026 |

Regulatory assets under management: $11,560,368,432 in the October 2021 data and $11,688,421,945 in the October 2026 data, up 1%.
Total employees: 96 in October 2021 and 120 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 46 to 45.
- Changed its office addresses in Chicago, IL.
- Registered or notice-filed in AR, MT.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Gamco Asset Management Inc. (CRD 104950): Form ADV filing data as of October 2026.