Salvatore Sodano - Associated Capital Vice Chairman of the Board, Independent Director

AC Stock  USD 35.80  0.17  0.47%   

Chairman

Mr. Salvatore F. Sodano is a Vice Chairman of the Board of the company. He has served as chairman and chief executive officer of Worldwide Capital Advisory Partners, LLC since April 2013. Worldwide Capital provides research and advisory services on corporate finance and investment activities, management, operations and technology matters. Since October 2012, Mr. Sodano has also served as a senior advisor to the chief executive officer of Burke Quick Partners, where he previously served as chairman of strategy and business development from October 2012 to August 2013. Mr. Sodano has served as Vice Chairman and a member of the board of directors of GSI since September 2014 and has served as Chairman of the Audit Committee of the board of directors of GSI since January 2015. In January 2015, Mr. Sodano also became Chairman of the Board of Directors and Chairman of the Executive Committee and the Executive Compensation Committee of Catholic Health Services, a 17, 000employee healthcare system. From June 2006 to June 2010, Mr. Sodano served as the Dean of the Frank G. Zarb School of Business at Hofstra University. Mr. Sodano also served as Chairman of Hofstra University Board of Trustees for the maximum three oneyear terms from October 2002 through October 2005. From 1997 to 2004, Mr. Sodano held increasingly senior roles at the National Association of Securities Dealers, Inc. and its affiliated companies. Mr. Sodano was serving as Deputy Chief Operating Officer and Chief Financial Officer of the NASD in 1998 when the NASD acquired the American Stock Exchange . From 1999 to 2000, Mr. Sodano simultaneously served as Chairman and Chief Executive Officer of the AMEX and Chief Operating Officer and Chief Financial Officer of the NASD. He served as a member of the Board of Governors of the NASD from 1999 to 2004. Mr. Sodano was appointed Vice Chairman of the NASD Board of Governors in 2000. since 2015.
Age 64
Tenure 10 years
Address 191 Mason Street, Greenwich, CT, United States, 06830
Phone203 629 9595
Webhttps://www.associated-capital-group.com

Associated Capital Management Efficiency

The company has Return on Asset (ROA) of (0.0134) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0134. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0627 %, which means that it produced $0.0627 on every 100 dollars invested by current stockholders. Associated Capital's management efficiency ratios could be used to measure how well Associated Capital manages its routine affairs as well as how well it operates its assets and liabilities. At present, Associated Capital's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.05, whereas Return On Capital Employed is forecasted to decline to (0.01). At present, Associated Capital's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 741.8 M, whereas Non Currrent Assets Other are forecasted to decline to about 13.3 M.
Associated Capital Group reports 36.99 M of total liabilities with total debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from financial leverage. Associated Capital has a current ratio of 20.52, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Associated to invest in growth at high rates of return.

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Associated Capital Group, Inc. provides investment advisory services in the United States. The company was founded in 1976 and is headquartered in Greenwich, Connecticut. Associated Capital operates under Capital Markets classification in the United States and is traded on New York Stock Exchange. It employs 25 people. Associated Capital Group (AC) is traded on New York Stock Exchange in USA. It is located in 191 Mason Street, Greenwich, CT, United States, 06830 and employs 19 people. Associated Capital is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Associated Capital Leadership Team

Elected by the shareholders, the Associated Capital's board of directors comprises two types of representatives: Associated Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Associated. The board's role is to monitor Associated Capital's management team and ensure that shareholders' interests are well served. Associated Capital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Associated Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
Frederic Salerno, Independent Director
David Goldman, General Counsel, Director of Corporate Development of Associated Capital Group
Mario CFA, Director, Chairman of GAMCO, CEO of GAMCO and Chief Investment Officer ? Value Portfolios of GAMCO
CFA CFA, Ex Chairman
Mario Gabelli, Executive Chairman of the Board
Timothy Schott, Chief Financial Officer, Executive Vice President - Finance
Bruce Lisman, Independent Director
CFA CPA, Interim Officer
Elisa Wilson, Director
Marc Gabelli, Executive Director
Kevin Handwerker, Executive Vice President General Counsel, Secretary
Ian McAdams, Interim Officer
Peter Goldstein, Executive Vice President, Secretary, Chief Legal Officer
Agnes Mullady, Ex VP
Daniel Lee, Independent Director
Salvatore Sodano, Vice Chairman of the Board, Independent Director
Peter Esq, Chief VP
Douglas Jamieson, President, Chief Executive Officer, Director
Kenneth Masiello, Chief Accounting Officer

Associated Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Associated Capital a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Associated Capital. If investors know Associated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Associated Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.1
Earnings Share
2.62
Revenue Per Share
0.637
Quarterly Revenue Growth
0.098
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.