GBL Asset Management, Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$30,610,041
Clients
18
Advisors
1
of 1 employees
About
GBL Asset Management is a small, state‑registered independent advisory firm managing roughly $34.3 million across a limited number of client accounts. It provides portfolio management and ongoing investment advice to individuals and a select range of institutional clients (such as small business pension plans, endowments, municipalities, and trusts) and charges asset‑based advisory fees.
The firm follows a value‑oriented, income‑aware approach that emphasizes mutual and closed‑end funds, individual fixed‑income instruments (CDs, Treasuries, corporate and municipal bonds), and occasional individual equities, with many positions intended to be held for years. Research draws on company filings, fund manager presentations, third‑party analysis, and a historical performance database, and recommendations are implemented opportunistically rather than through market timing.
Compared with many single‑advisor independents, the firm is notable for operating primarily on a non‑discretionary basis—seeking client approval before executing trades—which is uncommon among peers. It also aggregates like client orders into block trades to manage execution costs, applies a family‑group approach when determining fee discounts, and maintains a small, concentrated client base that can result in overlapping holdings due to the adviser’s relatively narrow set of preferred securities.
Client services
Expertise
Fee options
Occasional consulting work for a flat fee depending on work involved
$0+: 0.5% per year (.125% per quarter) for fixed income mutual funds, closed-end funds, and ETFs primarily investing in fixed income $0+: 0.5% per year (.125% per quarter) for bonds and preferred stocks with interest rate over 6% $0+: 0.375% per year (.09375% per quarter) for bonds and preferred stocks with interest rate between 5.375% and 6% $0+: 0.25% per year (.0625% per quarter) for bonds and preferred stocks with interest rate between 3% and 5.375% $0+: 0.1% per year (.025% per quarter) for bonds and preferred stocks with interest rate below 3% $0+: 0.3% per year (.075% per quarter) for bonds, preferred stocks, and CDs with variable coupon or principal $0+: 0.75% per year (0.1875% per quarter) for equity securities including mutual, closed-end, and ETFs primarily investing in equities
Fee-only: Flat fees for consulting work, amount depends on work involved
Main office
Huntingdon Valley PA
Advisors at this office
1
Most active in
Pennsylvania
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor's Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and referrals are provided by FinanceHQ LLC ("FHQ"), a wholly-owned subsidiary of Warmer and an SEC-registered investment adviser. We may be compensated by participating advisors. You pay no fee to use our matching service, and advisor fees are not increased because of a referral. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to the Warmer Terms of Service and FHQ Advisory Agreement, and acknowledge Warmer's Privacy Policy. Please review FHQ's ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")