# Gate City Capital Management, LLC

> Gate City Capital Management, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 13, 2026.

- CRD: 289122
- Filed as: GATE CITY CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: March 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/289122
- AdvisorCensus page: https://advisorcensus.com/firm/gate-city-capital-management-llc-chicago-il-289122

## Quick answers

**How is Gate City Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Gate City Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Gate City Capital Management, LLC charge?**
Its Form ADV Part 2A brochure dated March 13, 2026 states: Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Gate City Capital Management, LLC located?**
Gate City Capital Management, LLC's principal office is in Chicago, IL, according to its Form ADV.

**Is Gate City Capital Management, LLC registered with the SEC or a state?**
Gate City Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 289122.

**How much does Gate City Capital Management, LLC manage?**
Gate City Capital Management, LLC reports $253,638,950 in regulatory assets under management in its Form ADV filing dated March 13, 2026 (100% discretionary).

**How have Gate City Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Gate City Capital Management, LLC: Regulatory assets under management: $67,052,665 in the October 2021 data and $253,638,950 in the October 2026 data, up 278%. Total employees: 3 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Gate City Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does Gate City Capital Management, LLC use?**
Gate City Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Interactive Brokers LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Gate City Capital Management, 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/289122

**What changed in Gate City Capital Management, LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $216,189,764 to $253,638,950 (+17%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 13, 2026)

- Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it)

> GCCM charges separately managed accounts an advisory fee ranging between 0.50% and 1.50% of client assets under management, depending upon the size of the account and the specific services provided, among other factors.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Interactive Brokers LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $253,638,950
- Discretionary: $253,638,950
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $80,115,444 |
| Charitable organizations | Fewer than 5 | $130,038,686 |
| Other | Fewer than 5 | $43,484,820 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2017 (9 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $67,052,665 | 3 | March 10, 2021 |
| October 2022 | $120,720,299 | 3 | March 28, 2022 |
| October 2023 | $143,244,765 | 4 | March 30, 2023 |
| October 2024 | $196,347,114 | 4 | March 28, 2024 |
| October 2025 | $216,189,764 | 4 | March 27, 2025 |
| October 2026 | $253,638,950 | 4 | March 13, 2026 |

Regulatory assets under management: $67,052,665 in the October 2021 data and $253,638,950 in the October 2026 data, up 278%.
Total employees: 3 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $216,189,764 to $253,638,950 (+17%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Gate City Capital Management, LLC (CRD 289122): Form ADV filing data as of October 2026.