The group's principal activity is to provide investment advisory services. the group also provides investment advisory clients with related administrative services that include mutual fund transfer agent services, accounting and shareholder services, participant record keeping and transfer agent services for defined contribution retirement plans, discount brokerage and trust services. the services of the group are provided to individuals and institutional investors. the group manages domestic and international stocks, bonds and money market mutual funds and other investment portfolios. investment advisory fees accounted for 76% of 2001 revenues; Administrative fees, 21% and investment and other income, 3%.