Quentec Asset Management LLC (New York)

Quentec Asset Management LLC is a large advisory firm based in New York. It manages $939.77 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.

Quentec Asset Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Quentec Asset Management: assets under management

The assets under management (AUM) of Quentec Asset Management LLC is $939.77 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 406% since the beginning of its operation, and $806.55 million of the total AUM is attributable to clients outside of the United States.

The firm manages $939.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $134.25 million each.

Quentec Asset Management has custody of $416.32 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Quentec Asset Management LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Quentec Asset Management serves?

The only and largest group of clients of Quentec Asset Management is pooled investment vehicles with 7 clients and $939.77 million of assets under management. Among the 6 most similar advisory firms, Quentec Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $939.77 million for 7 clients. 80% of the firm’s clients are foreign persons or businesses.

Quentec Asset Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Quentec Asset Management LLC

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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
Val Zlatev	Portfolio manager and managing member	1 Jul 2012	Other	6105807
Jeffrey Douglas Mead	Chief financial officer and chief compliance officer	1 Jul 2012	Other	5509722
Kenneth Kanghee Hahn	Chief investment officer and managing member	1 Jul 2012	75% - 100%	6105808

Based in New York

The principal office where Quentec Asset Management LLC performs its advisory services is located at 575 Lexington Avenue, 31 St Floor, New York, NY 10022, 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 212-257-4000 or by fax 646-731-6893. The normal business hours are 9am-5pm on Monday - Friday.