# Teton Advisors, LLC

> Teton Advisors, LLC is an SEC-registered investment advisory firm in Greenwich, CT, registered since 1994, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 105963
- Filed as: TETON ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Greenwich, CT
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105963
- AdvisorCensus page: https://advisorcensus.com/firm/teton-advisors-llc-greenwich-ct-105963

## Quick answers

**How is Teton Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Teton Advisors, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Teton Advisors, LLC located?**
Teton Advisors, LLC's principal office is in Greenwich, CT, according to its Form ADV.

**Is Teton Advisors, LLC registered with the SEC or a state?**
Teton Advisors, LLC is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 105963.

**How much does Teton Advisors, LLC manage?**
Teton Advisors, LLC reports $250,932,400 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Teton Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Teton Advisors, LLC: Regulatory assets under management: $931,528,345 in the October 2021 data and $250,932,400 in the October 2026 data, down 73%. Total employees: 5 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 Teton Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (3).

**Does Teton Advisors, 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/105963

**What changed in Teton Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 1. Regulatory assets under management went from $330,136,437 to $250,932,400 (-24%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $250,932,400
- Discretionary: $250,932,400
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 3 | $250,932,400 |

### 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 businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1994 (31 years)
- Employees: 5 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- 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 | $931,528,345 | 5 | June 30, 2021 |
| October 2022 | $868,584,986 | 5 | February 28, 2022 |
| October 2023 | $569,567,821 | 9 | March 30, 2023 |
| October 2024 | $456,921,791 | 10 | August 20, 2024 |
| October 2025 | $330,136,437 | 10 | June 10, 2025 |
| October 2026 | $250,932,400 | 5 | March 30, 2026 |

Regulatory assets under management: $931,528,345 in the October 2021 data and $250,932,400 in the October 2026 data, down 73%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 1.
- Regulatory assets under management went from $330,136,437 to $250,932,400 (-24%).

### 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. Teton Advisors, LLC (CRD 105963): Form ADV filing data as of October 2026.