Gabelli & Company Investment Advisers (GCIA) manages investments for private investment partnerships and separately managed accounts, focusing on alternative investment strategies like merger arbitrage. GCIA also acts as a sub-advisor to affiliated investment partnerships. GCIA is a subsidiary of Associated Capital Group, Inc. GCIA makes decisions on buying and selling securities based on its investment strategy for each client.
Fee Structure
Gabelli & Company Investment Advisers primarily works with investment partnerships and separately managed accounts, not individual investors. The fees are outlined in each investment partnership's documents or the separately managed account agreement. Generally, there is a management fee calculated as a percentage of the value of the portfolio, typically between 1% and 1.5% per year. Gabelli & Company Investment Advisers may also receive performance-based fees, which are a share of the profits.