# G-Legion, LLC

> G-Legion, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2017, reporting under $25 million in regulatory assets under management in its Form ADV filing dated July 30, 2026.

- CRD: 286297
- Filed as: G-LEGION, LLC
- Also doing business as: G-LEGION, LLC, KEELEY TETON, KEELEY-TETON
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: July 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/286297
- AdvisorCensus page: https://advisorcensus.com/firm/g-legion-llc-chicago-il-286297

## Quick answers

**How is G-Legion, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), G-Legion, LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is G-Legion, LLC located?**
G-Legion, LLC's principal office is in Chicago, IL, according to its Form ADV.

**Is G-Legion, LLC registered with the SEC or a state?**
G-Legion, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 286297.

**How much does G-Legion, LLC manage?**
G-Legion, LLC reports $12,615,540 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (100% discretionary).

**How have G-Legion, LLC's assets and staff changed since 2021?**
In the Form ADV data for G-Legion, LLC: Regulatory assets under management: $898,036,791 in the October 2021 data and $12,615,540 in the October 2026 data, down 99%. Total employees: 18 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does G-Legion, LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (1).

**Does G-Legion, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/286297

**What changed in G-Legion, LLC's recent Form ADV filings?**
In the August 2026 filing data: Added the business name G-Legion, LLC. Changed its legal name from Keeley-Teton Advisors, LLC to G-Legion, LLC.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $12,615,540
- Discretionary: $12,615,540
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 1 | $12,615,540 |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2017 (9 years)
- Employees: 5 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- tetonadv.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $898,036,791 | 18 | June 30, 2021 |
| October 2022 | $1,132,358,033 | 21 | March 2, 2022 |
| October 2023 | $928,837,552 | 21 | April 6, 2023 |
| October 2024 | $888,821,167 | 21 | August 15, 2024 |
| October 2025 | $12,033,281 | 7 | June 5, 2025 |
| October 2026 | $12,615,540 | 5 | July 30, 2026 |

Regulatory assets under management: $898,036,791 in the October 2021 data and $12,615,540 in the October 2026 data, down 99%.
Total employees: 18 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Added the business name G-Legion, LLC.
- Changed its legal name from Keeley-Teton Advisors, LLC to G-Legion, LLC.

### January 2026
- No longer registered or notice-filed in AL, CA, CO, FL, MD, NJ, NY, TX, WI.

### December 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. G-Legion, LLC (CRD 286297): Form ADV filing data as of October 2026.