Asset ManagerRIA · CRD 309925SEC-RegisteredPrivate Fund Adviser

Updated:

Gap Inc.

Gap Inc. is an SEC-registered investment adviser in South Bend, IN, registered since 2025. The firm manages approximately $287 million in regulatory assets.

Gap Inc.

Gap Inc. is an SEC-registered investment adviser in South Bend, IN, registered since 2025. The firm manages approximately $287 million in regulatory assets. It has 14 employees and 13 investment advisers.

General information

Firm type

Asset Manager

Year founded

1969

Location

Region

North America

Country

United States

City

South Bend

Corporate office

San Francisco, CA, United States

Principals

Richard Dickson

President and Chief Executive Officer

Katrina O'Connell

Executive Vice President, Chief Financial Officer

Sector focus

RetailApparel & FootwearConsumer Discretionary

Frequently asked questions

Who controls Gap Inc. from the founding family?

The Fisher family — descendants of founders Donald and Doris Fisher — controls Gap Inc. through a dual-class share structure. They hold roughly 46% of voting power despite owning a smaller economic stake (per Gap Inc. proxy statement, 2024).

How has Gap Inc. been restructuring its store base?

Gap Inc. closed over 350 Gap and Banana Republic stores from 2020 to 2023, while expanding Athleta and Old Navy locations. The company is shifting toward smaller-format stores and investing in e-commerce, which now generates roughly 40% of revenue (per Gap Inc. annual report, 2023).

What are the five brands under Gap Inc.?

The company operates five brands: Old Navy (value family apparel), Gap (casual basics), Banana Republic (workwear), Athleta (women's activewear), and Intermix (contemporary fashion).

Does Gap Inc. pay a dividend?

Yes, Gap Inc. historically paid a quarterly dividend but suspended it in March 2020 during the pandemic. The board reinstated a dividend in 2023 at a reduced rate (per Gap Inc. press release, February 2023).

What is the company's approach to sustainability?

Gap Inc. has publicly committed to science-based climate targets, including a 30% reduction in greenhouse gas emissions by 2030. It also sources cotton from the Better Cotton Initiative and operates a garment collection program (per Gap Inc. sustainability report, 2023).

Who are Gap Inc.'s main competitors?

Gap Inc. competes with other specialty apparel retailers including American Eagle Outfitters, Abercrombie & Fitch, H&M, Zara (Inditex), and digitally native brands like Stitch Fix and Amazon's private labels.

How does the Fisher family maintain control?

The Fisher family controls Gap Inc. through supervoting Class B shares that carry 10 votes per share, compared to 1 vote for the publicly traded Class A shares. This structure allows them to control board elections and major corporate actions with a minority of total equity.

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