Quantum Econometrics, LLC (Whittier)

Name: Quantum Econometrics, LLC
Address: 15141 E. Whittier Blvd Ste 550, Whittier, CA, 90603
Telephone: 562-945-7787

Quantum Econometrics, LLC is a large advisory firm based in Whittier. It manages $128.89 million of regulatory assets for 168 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

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

Quantum Econometrics: assets under management

The assets under management (AUM) of Quantum Econometrics, LLC is $128.89 million. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $92.28 million in discretionary accounts and $36.61 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $668.7 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.22 million.

Quantum Econometrics has custody of $1.81 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 70% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Quantum Econometrics, LLC for their services and products based on a percentage of assets under management and fixed 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.

What kind of clients Quantum Econometrics serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Quantum Econometrics is high net worth individuals with 88 clients and $125.1 million of assets under management. Among the 11 most similar advisory firms, Quantum Econometrics has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $128.89 million for 101 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.

Quantum Econometrics doesn't advise any private funds.

Careers at Quantum Econometrics, LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

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

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Herbert Nelson Messick	Managing member	1 Apr 2012	75% - 100%	332656
Douglas Michael Rowan	Member	1 Apr 2012	Other	1507968
Karen Jeanne Burneff	Managing member & chief compliance officer	1 Apr 2012	Other	1350789

Based in Whittier

The principal office where Quantum Econometrics, LLC performs its advisory services is located at 15141 E. Whittier Blvd Ste 550, Whittier, CA 90603, 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 562-945-7787 or by fax 562-696-5487. The normal business hours are 6:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at quantumecon.com.