Keeley Teton Advisors, LLC (Chicago)

Name: Keeley Teton Advisors, LLC
Address: 141 West Jackson Blvd, Chicago, IL, 60604
Telephone: (312) 786-5000

Keeley Teton Advisors, LLC is a large advisory firm based in Chicago. It manages $1.12 billion of regulatory assets for 480 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Keeley Teton Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Keeley Teton Advisors: assets under management

The assets under management (AUM) of Keeley Teton Advisors, LLC is $1.12 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.12 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.33 million each.

Investments

The firm invests in exchange traded securities the most. They account for 91% of the total AUM. The second-largest asset type is investment and business development companies, which make up 7% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Keeley Teton Advisors, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Robert Michael Kurinsky serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Robert Michael Kurinsky is investment companies with 4 clients and $735.25 million of assets under management. Among the 8 most similar advisory firms, Keeley Teton Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.12 billion for 480 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Keeley Teton Advisors doesn't advise any private funds.

Careers at Keeley Teton Advisors, LLC

The company employs 21 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Robert Michael Kurinsky has been acting as President since 1 Feb 2017. Patrick Bernard Huvane joined the executive team most recently as the Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nicola Francis Galluccio	Managing director	1 Oct 2016	Other	1003002
Michael Nmn Mancuso	Treasurer	1 Oct 2016	Other	6626091
Inc. Teton Advisors	Sole member	1 Oct 2016	75% - 100%	105963
David Marc Goldman	Secretary	1 Oct 2016	Other	3191963
Deanna Broggi Marotz	Chief compliance officer	1 Dec 2016	Other	1740945
Robert Michael Kurinsky	President	1 Feb 2017	Other	4642292
Kevin Matthew Keeley	Executive chairman	1 Feb 2017	Other	3057425
Patrick Bernard Huvane	Treasurer	1 May 2019	Other	2948612

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mario Joseph Gabelli	Shareholder of common stock	1 Nov 1976	75% - 100%	216136
Inc. Ggcp	Shareholder of the class b common stock	1 Mar 2009	50% - 75%	13-3056041

Based in Chicago

The principal office where Keeley Teton Advisors, LLC performs its advisory services is located at 141 West Jackson Blvd, Chicago, IL 60604, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (312) 786-5000 or by fax 312-786-5002. The normal business hours are 8:00 a.m. to 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at keeleyteton.com.