Gladstone Management Corporation
- Regulatory AUM
- $4.4B
- Discretionary
- $4.4B
- Clients
- 5
- Avg AUM / client
- $885M
- Accounts
- 5
- Employees
- 45
AUM over time
Annual snapshots from Form ADV filings · as of Apr 02, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 1 | $22.1M | 0.5% |
| Business development companies | 2 | $2.0B | 44.4% |
| Other | 2 | $2.4B | 55.1% |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Brubaker, Terry, Lee | Director, Vice Chairman And Chief Operating Officer | Jun 2002 (24y) | Less than 5% | |
| Gladstone, David, John | Chairman And Chief Executive Officer | Jun 2002 (24y) | ≈ 42.19% – 100% via The Gladstone Companies, Ltd | |
| Dellafiora, John, Anthony | Chief Compliance Officer | Sep 2007 (19y) | Less than 5% | |
| Licalsi, Michael, Bernard | General Counsel | Oct 2009 (17y) | Less than 5% | |
| Malesardi, Michael, John | Chief Financial Officer | Sep 2018 (8y) | Less than 5% | |
| Gladstone, Laura, Patricia | Director | May 2023 (3y) | Less than 5% | |
| Eric Drake Maloy | Registered representative | Oct 2018 (8y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| The Gladstone Companies, Inc. | Shareholder | Jan 2010 | A | 75% or more |
| The Gladstone Companies, Ltd | Shareholder | May 2016 | B | ≈ 56.25% – 100% via The Gladstone Companies, Inc. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Gladstone, David, John: 75% – 100% of The Gladstone Companies, Ltd × 75% – 100% of The Gladstone Companies, Inc. × 75% – 100% direct ≈ 42.19% – 100% of the firm
- The Gladstone Companies, Ltd: 75% – 100% of The Gladstone Companies, Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/02/2026 | 1.04 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • CERTAIN PORTFOLIO SERVICES TO FUND CLIENTS (SEE BROCHURE)
Services
- • Portfolio management for investment companies
- • Other services
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 02, 2026.
View current Form ADV (SEC/IAPD) ↗