Asset manager · RYE, NY
Gabelli Funds, LLC
SEC-registered investment adviser · CRD 104949 · SEC 801-37706
At a glance
Gabelli Funds, LLC is an SEC-registered investment adviser based in RYE, New York, with $24.6 billion in regulatory assets under management as of its Form ADV filed July 14, 2026. Its largest client group by assets is investment companies. By Form ADV it is a asset manager, ranked 336th of 3,218 asset managers and 753rd of 17,210 SEC-registered advisers by assets.
Main office 914-921-5000gabelli.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $25B
- Rank among asset managers
- #336 of 3,218
- Rank among all SEC RIAs
- #753 of 17,210
- Rank in New York
- #206 of 2,591
- Clients
- 33
- Accounts
- 54
- Discretionary
- 100% of AUM
- Employees
- 56
- Advisory staff
- 47
- Offices
- 3
Owners and executives on its Form ADV
- David M. GoldmanVice President, Corporate Development
- Mario J. GabelliChief Investment Officer
- Richard J. WalzChief Compliance Officer
- Kieran D. CaterinaChief Accounting Officer
- John C. BallSenior Vice President, Fund Administration
Custody and brokerage
Custodian
Gabelli Funds, LLC’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Gabelli Funds, LLC is a hybrid RIA: 44 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: G.distributors, LLC and G.research, LLC.
- G.distributors, LLC ↗CRD 155071
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, April 2026
- G.research, LLC ↗CRD 7353
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
Its Form ADV brochure (filed March 2026) names G.research and G.distributors as the broker-dealer its advisers are registered with.
A management person of Gabelli Funds is a registered representative of G.research.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 31 | $24B | 97% |
| Pooled investment vehicles | 2 | $634M | 3% |
Private funds
Gabelli Funds, LLC reports 4 private funds with $634M in gross assets: other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Gabelli Funds, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗gabelli.com ↗
AtlasMembers
The full record on Gabelli Funds, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 392 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Gabelli Funds, LLC manage?
Gabelli Funds, LLC reports $24.6 billion in regulatory assets under management across 54 accounts, 100% of it on a discretionary basis, on its Form ADV filed July 14, 2026.
What kind of firm is Gabelli Funds, LLC?
Gabelli Funds, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Gabelli Funds, LLC’s clients?
By assets, its largest client types are investment companies ($23.9 billion, 31 clients); pooled investment vehicles ($634 million, 2 clients).
Does Gabelli Funds, LLC manage private funds?
Yes. It reports 4 private funds with $634 million in gross assets, including other private funds.
Does Gabelli Funds, LLC have any disciplinary history?
Gabelli Funds, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Gabelli Funds, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-14), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →