AUMdb

Quantitative Asset Management, Llc

SEC-registered Broker-Dealer (Dually Registered) · Small ($100M–$1B) CRD 143279 · SEC file 801-67607 · Minnetonka, MN · WWW.QAMGMT.COM
☆ Save with Pro ADV data as of Mar 27, 2026
Regulatory AUM
$187M
Discretionary
$187M
Clients
155
Avg AUM / client
$1.2M
Accounts
155
Employees
2

AUM over time

$94.1M $187M
Feb 1, 2012 Mar 27, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Mar 27, 2026

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 109 $36.1M 19.3%
High net worth individuals 44 $138M 73.6%
Charitable organizations 2 $13.4M 7.14%

People (3)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Jeffrey Lee Farni Managing Member/President Jan 2007 (20y) 25% – 50%
Farni, Patricia, Catherine Inactive Owner Apr 2007 (19y) 50% – 75%
John C Farni Executive Vice President / Investment Advisor / Chief Compliance Officer Sep 2015 (11y) Less than 5%

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/27/2026 998 KB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

Regulatory as of Feb 07, 2024

Allegations: FAILURE TO FILE CRS IN A TIMELY MANNER. Status: Final Sanction Detail: $25000 FINE PAID ON 8/3/2021 Summary: ON JUNE 4, 2021, THE SEC FOUND THAT THE FIRM VIOLATED SECTIONS 204-1 AND 204-5 OF THE INVESTMENT ADVISERS ACT OF 1940 FOR FAILING TO COMPLY WITH ITS NEWLY ENACTED REGULATORY OBLIGATION TO FILE FORM CRS WITH THE COMMISSION, DELIVER IT TO ITS RETAIL INVESTORS AND POST IT ON ITS WEBSITE BY THE REQUIRED REGULATORY DEADLINES. THE FIRM HAS SINCE COMPLIED WITH ITS REGULATORY OBLIGATIONS REGARDING FORM CRS AND PAID THE APPLICABLE FINE. IN ADDITION, THE FIRM HAS ADOPTED AND IMPLEMENTED ADDITIONAL POLICIES AND PROCEDURES TO PREVENT A SIMILAR RECURRENCE.

Disclosure text reproduced verbatim from the firm's own Form ADV filings.

How they charge

  • Percentage of assets under management

Services

  • Portfolio management for individuals/small businesses

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports it does not have custody of client funds or securities (Item 9.A).

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.

View current Form ADV (SEC/IAPD) ↗