The group's principal activities are to buy and sell securities, provide investment advisory and management services. the group operates through its subsidiary t.r. winston and company, a securities broker-dealer licensed in all states except in alaska. winston conducts retail securities brokerage, trading and investment banking activities. brokerage commissions and fees accounted for 47% of 2001 revenues; Interest, dividends and other, 24%; Principal transactions, 23% and management fee income, 6%.