Schedule 13G

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ROLbILme1VLyVjfZ69QNO+OGIFTYFlmISH8g5RPPfI3Z9sLmrAW5YXPyUmqU4qMa ++cBUZJ7bae85XbCT9LzLQ== 0001193125-08-207773.txt : 20081008 0001193125-08-207773.hdr.sgml : 20081008 20081008111829 ACCESSION NUMBER: 0001193125-08-207773 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081008 DATE AS OF CHANGE: 20081008 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JMP Group Inc. CENTRAL INDEX KEY: 0001383803 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 201450327 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-83596 FILM NUMBER: 081113562 BUSINESS ADDRESS: STREET 1: 600 MONTGOMERY STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 415-835-8900 MAIL ADDRESS: STREET 1: 600 MONTGOMERY STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94111 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DEPRINCE RACE & ZOLLO INC CENTRAL INDEX KEY: 0001008894 IRS NUMBER: 593299598 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 250 PARK AVENUE SOUTH STREET 2: SUITE 250 CITY: WINTER PARK STATE: FL ZIP: 32789 BUSINESS PHONE: 4074209903 MAIL ADDRESS: STREET 1: 250 PARK AVENUE SOUTH STREET 2: SUITE 250 CITY: WINTER PARK STATE: FL ZIP: 32789 SC 13G 1 dsc13g.htm SCHEDULE 13G Schedule 13G

United States

Security and Exchange Commission

Washington, D.C. 20549

Schedule 13G

Under the Securities Act of 1934

(Amendment No. )*

JMP Group Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

466290107

(CUSIP Number)

September 30, 2008

Date of Event Which Requires Filing of this Statement

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x Rule 13d-1(b)

¨ Rule 13d-1(c)

¨ Rule 13d-1(d)

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No. 466290107		13G


1		NAME OF REPORTING PERSON S.S. OR IRS IDENTIFICATION NO. OF ABOVE PERSON DePrince, Race & Zollo, Inc. 59-3299598
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x (b) ¨
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION Incorporated in the State of Florida


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5 SOLE VOTING POWER 639,236
		6 SHARED VOTING POWER none
		7 SOLE DISPOSITIVE POWER 639,236
		8 SHARED DISPOSITIVE POWER none


9		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 639,236
10		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* No
11		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 3.15%
12		TYPE OF REPORTING PERSON* IA


		SCHEDULE 13 G

Item 1.

(a)

Name of Issuer:

JMP Group Inc.

(b)

Address of Issuer’s Principal Executive Offices

600 Montgomery Street

San Francisco, CA 94111

Item 2.

(a)

Name of Person Filing:

DePrince, Race & Zollo, Inc.

(b)

Address of Principal Business Office or, if none, Residence:

250 Park Ave South, Suite 250

Winter Park, FL 32789

(c)

Citizenship:

USA

(d)

Title of Class of Securities:

common stock

(e)

CUSIP Number:

466290107

Item 3.

If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G);

(h)

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

Group, in accordance with §240.13d-1(b)(1)(ii)(J).


Item 4.	Ownership

	(a)	Amount beneficially owned:

		639,236 shares

	(b)	Percent of class:

		3.15%

	(c)	Number of shares as to which the person has:

		(i)	Sole power to vote or to direct the vote:

			639,236 shares

		(ii)	Shared power to vote or to direct the vote:


		(iii)	Sole power to dispose or to direct the disposition of:

			639,236 shares

		(iv)	Shared power to dispose or to direct the disposition of:


Item 5.	Ownership of Five Percent or Less of a Class

	N/A

Item 6.	Ownership of More than Five Percent on Behalf of Another Person.

	N/A

Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

	N/A

Item 8.	Identification and Classification of Members of the Group

	N/A

Item 9.	Notice of Dissolution of Group

	N/A

Item 10.	Certification

	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


Date: 10/06/2008

/s/ Angela R. Petrucelly
Signature
Angela R. Petrucelly, COO

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