Qfs Asset Management, L.P. (Greenwich)

Name: Qfs Asset Management, L.P.
Address: 10 Glenville Street, Greenwich, CT, 06831
Telephone: 203-983-5600

Qfs Asset Management, L.P. is a large advisory firm based in Greenwich. It manages $626.6 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Connecticut.

Qfs Asset Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and risk advisory and risk overlay management; trade execution. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Qfs Asset Management: assets under management

The assets under management (AUM) of Qfs Asset Management, L.P. is $626.6 million. The firm's AUM has gone down by -80% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $59.6 million in discretionary accounts and $567 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.87 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $567 million.

Qfs Asset Management has custody of $139.3 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Qfs Asset Management, L.P. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Qfs Asset Management, L.P.

Gam Us Holding Inc. joined the executive team most recently as the Limited Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Qfs Asset Management	General partner	1 Mar 1995	Other	23-2736855
Sanford Grossman	Limited partner	1 Mar 1995	50% - 75%	2060970
David Lewis Zimmerman	Chief compliance officer	1 Mar 2006	Other	4863919
L.P. Grossman Family Partners	Limited partner	1 Jan 2008	25% - 50%	23-2804935
Quantitative Financial Strategies Inc	Limited partner	1 Jan 2008	Other	108539
Robert Shustak	President and chief financial officer	1 Feb 2008	Other	4339263
Llc Maroon Investments	Limited partner	1 Dec 2010	25% - 50%	36-2177139
Karlheinz Muhr	Chief executive officer	1 Apr 2011	Other	1411779
Llc Mvans Partners Holdings	Limited partner	1 Apr 2011	Other	45-1603354
Lynn Vital Herne	Chief financial officer	1 Jan 2013	Other	6176439
Gam Us Holding Inc.	Limited partner	1 Feb 2013	25% - 50%	46-1933786

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Sanford Grossman	Chairman, ceo, and shareholder	1 Sep 1993	75% - 100%	2060970
Sanford Grossman	General partner	1 Dec 2001	Other	2060970
Sanford J. Grossman March 2005 Trust	Limited partner	1 May 2007	75% - 100%	23-2804935
The University Of Chicago	Member	1 Jan 2011	75% - 100%	36-2177139
Stephen M. Van Besien	Member	1 Apr 2011	25% - 50%	4677510
Michael E. Salerno	Member	1 Apr 2011	25% - 50%	4358255
Karlheinz Muhr	Sole member	1 Dec 2012	75% - 100%	1411779
Llc Apsek Holdings	Shareholder	1 Dec 2012	75% - 100%	37-1707443
Gam Group Ag	Shareholder	1 Jan 2013	75% - 100%	n/a

Based in Greenwich

The principal office where Qfs Asset Management, L.P. performs its advisory services is located at 10 Glenville Street, Greenwich, CT 06831, 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 203-983-5600 or by fax 203-532-8250. The normal business hours are 8:30am to 5:30pm on Monday - Friday. You can find more information about the New York firm at www.qfsfunds.com.