The GARDNER RUSSO & GARDNER is a privately held investment adviser that advises $9.8Bn in regulatory assets under management held in 2 SEC fund types across 3 investment strategies. GARDNER RUSSO & GARDNER is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets decreased by 11.85% over the last 5-years.
The Group has been registered with the SEC for 33.86 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 223 EAST CHESTNUT STREET, LANCASTER, PA. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 50 employees comprised of 9 investment and 41 non-investment staff. The total number of Employees increased by 11.11% over the last 5-years.
Their $9.8Bn in assets advised are owned by 14 private funds, 0 public funds and BDCs and 114 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $4.67Bn or 47.66% of Total Assets and High Net Worth Individuals own $3.92Bn or 40.02% of Total Assets.
The Group's top investment strategies include Long/Short Equity, Fund of Funds and Multi Strat, representing 100%, 0% and 0% of total assets, respectively.
They advise 6 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and High Net Worth Individuals.
The Group uses 1 Fund Administrators, 1 Fund Auditors, 1 Prime Brokers, 1 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
GARDNER RUSSO & GARDNER names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 10 funds.
They have a LOW-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In GARDNER RUSSO & GARDNER's case, they have 6 business conditions that require high process maturity and 1 Watch Factors.