Billionaire investment advisor Mario Gabelli and the Jewish Business Network (JBN), a Dobbs Ferry nonprofit that describes itself as an organization that “helps Jewish business leaders, professionals and entrepreneurs develop relationships significant and business growth reinforced by Jewish values ​​and traditions, ”announced the launch of the Mario J. Gabelli Business Education Institute.

Gabelli said he hopes he will serve as a resource for the next generation of business leaders.

Mario gabelli

“I chose the Jewish Business Network for this new initiative because of its demonstrated reach among Westchester business leaders and, more importantly, its emphasis on business and historical ethics and work-life balance. -community, ”Gabelli said.

Gabelli expressed his belief that the education of young business leaders must use a holistic approach that includes not only technical expertise, but also concern for the family and the community as a whole.

JBN said the institute will provide business owners and professionals with the opportunity to acquire the knowledge, tools and expertise necessary to advance in their respective careers while maintaining positive interpersonal relationships and a healthy work-life balance. community life.

“Through interactive forums, panel discussions, mentoring and training courses, attendees will explore relevant business topics enriched by Jewish business ethics, values ​​and philanthropy,” JBN explained.

A page on the Gabelli Business Education Institute on the JBN website dated December 28 did not list course details, but said, “Many courses are approved by the American Medical Association, the American Psychological Association and the bar association. ”

Gabelli has appeared at JBN events to discuss investing and the state of the economy. In November, Greenwich-based GAMCO Investors, Inc. released financial results for the third quarter of 2021. For that period, GAMCO reported revenues of $ 75.9 million, compared to $ 61.5 million for the third quarter of 2020. Third quarter net income was $ 29.2 million. million dollars compared to $ 16.4 million in 2020. It had assets under management, as of September 30, 2021, of $ 33.5 billion compared to $ 29.7 billion as of September 30, 2020.

GAMCO describes itself as being known for its research-driven approach to equity investing. GAMCO states that it conducts its investment advisory business primarily through two subsidiaries: GAMCO Asset Management Inc., which has approximately 1,400 separate institutional and private accounts, primarily in the United States, and Gabelli Funds LLC, which has more than three dozen funds. GAMCO claims to serve a broad client base, including institutions, intermediaries, offshore investors, high net worth individuals and direct retail investors.