# Legion Partners Asset Management, LLC

> Legion Partners Asset Management, LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 28, 2026.

- CRD: 164136
- Filed as: LEGION PARTNERS ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: January 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164136
- AdvisorCensus page: https://advisorcensus.com/firm/legion-partners-asset-management-llc-los-angeles-ca-164136

## Quick answers

**How is Legion Partners Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Legion Partners Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Legion Partners Asset Management, LLC located?**
Legion Partners Asset Management, LLC's principal office is in Los Angeles, CA, according to its Form ADV.

**Is Legion Partners Asset Management, LLC registered with the SEC or a state?**
Legion Partners Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 164136.

**How much does Legion Partners Asset Management, LLC manage?**
Legion Partners Asset Management, LLC reports $200,916,000 in regulatory assets under management in its Form ADV filing dated January 28, 2026 (100% discretionary).

**How have Legion Partners Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Legion Partners Asset Management, LLC: Regulatory assets under management: $455,622,000 in the October 2021 data and $200,916,000 in the October 2026 data, down 56%. Total employees: 7 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 Legion Partners Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5).

**Does Legion Partners Asset 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/164136

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $200,916,000
- Discretionary: $200,916,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $200,916,000 |

### 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: 2012 (14 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [legionpartners.com](https://legionpartners.com)
- LinkedIn @legion-partners-asset-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $455,622,000 | 7 | March 26, 2021 |
| October 2022 | $509,035,000 | 7 | March 28, 2022 |
| October 2023 | $335,864,000 | 7 | March 24, 2023 |
| October 2024 | $445,997,000 | 5 | February 2, 2024 |
| October 2025 | $218,764,000 | 4 | March 12, 2025 |
| October 2026 | $200,916,000 | 4 | January 28, 2026 |

Regulatory assets under management: $455,622,000 in the October 2021 data and $200,916,000 in the October 2026 data, down 56%.
Total employees: 7 in October 2021 and 4 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Legion Partners Asset Management, LLC (CRD 164136): Form ADV filing data as of October 2026.