EXHIBIT 21 GILMAN + CIOCIA, INC. ACTIVE SUBSIDIARIES NAME STATE OF INCORPORATION OWNERSHIP - ---- ---------------------- --------- Asset & Financial Planning, Inc. New York 100% G+C Mortgage Line Inc. Delaware 100% GTAX/Career Brokerage Inc. Delaware 50% Prime Financial Services, Inc. Delaware 100% Prime Capital Services, Inc. New York 100% GC Capital Corp. Delaware 100%