Quantitative Management Associates LLC (Newark)

Name: Quantitative Management Associates LLC
Address: Gateway Center 2, Newark, NJ, 07102
Telephone: 973-367-4653

Quantitative Management Associates LLC is a large advisory firm based in Newark. It manages $108.82 billion of regulatory assets for 245 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Quantitative Management Associates provides portfolio management for investment companies, portfolio management for pooled investment vehicles, 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.

Quantitative Management Associates: assets under management

The assets under management (AUM) of Quantitative Management Associates LLC is $108.82 billion. The firm's AUM has grown by 158% since the beginning of its operation, and $3.94 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $108.59 billion in discretionary accounts and $230.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $445.06 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $230.33 million.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Quantitative Management Associates LLC 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.

What kind of clients Quantitative Management Associates serves?

The firm provides services to insurance companies, investment companies, charitable organizations, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Quantitative Management Associates is investment companies with 13 clients and $74.77 billion of assets under management. Among the 10 most similar advisory firms, Quantitative Management Associates has the 3rd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $108.82 billion for 120 clients. 11% of the firm’s clients are foreign persons or businesses.

Quantitative Management Associates also advises several private funds. Namely, one hedge fund and two other private funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Quantitative Management Associates LLC

The company employs 174 people that are either part- or full-time employees. 34 percent of the employees work as investment advisers or researchers. 4 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Prudential Investment Management	Member	1 Nov 2003	75% - 100%	22-2540245
Margaret Stephanie Stumpp	Member, board of managers	1 Nov 2003	Other	2684782
Inc. Pgim	Member	1 Nov 2003	75% - 100%	22-2540245
James Hunter Scott	Ceo & member, board of managers	1 Nov 2003	Other	2382681
Lee Duane Augsburger	Chief compliance officer	1 Nov 2003	Other	1657850
Bernard Bruce Winograd	Member, board of managers	1 Nov 2003	Other	2877846
Dennis Miles Kass	Chairman, board of managers	1 Nov 2003	Other	1244371
Philip Nicholas Russo	Member, board of managers	1 Nov 2003	Other	4344967
Ronald Keith Andrews	Member, board of managers	1 Nov 2003	Other	1332875
Maureen Baker Fialcowitz	Chief legal officer	1 Nov 2003	Other	4348380
Timothy J. Knierim	Member, board of managers	1 Nov 2003	Other	4746062
Kenneth Moore	Chief financial officer	1 Nov 2003	Other	4604664
Andrew Goldberg	Chief operations & systems officer	1 Nov 2003	Other	4711852
Kenneth Moore	Chief financial officer and member, board of managers	1 Jun 2004	Other	4604664
Andrew Goldberg	Vp (functions as chief operations & systems officer)	1 Nov 2004	Other	4711852
Scott Louis Hayward	Ceo & member, board of managers	1 Aug 2005	Other	4335063
Clark Donald Pellington	Chief compliance officer	1 Dec 2005	Other	3146225
Charles Frederick Lowrey	Member, board of managers	1 Mar 2008	Other	2636964
Debra Sharon Groisser	Chief legal officer	1 Aug 2008	Other	5651710
Deborah Hope Wedgeworth	Member, board of managers	1 Sep 2008	Other	5594407
David Hunt	Member, board of managers	1 Nov 2011	Other	4938400
David Alexander Hunt	Member, board of managers	1 Nov 2011	Other	4938400
Anthony Miele	Cfo & member, board of managers	1 Dec 2011	Other	6035970
Roy Donald Henriksson	Cio & member, board of managers	1 Jun 2012	Other	2157075
Scott Louis Hayward	Ceo & chairman, board of managers	1 Jan 2013	Other	4335063
Shelley Carolyn Wong	Chief operating officer and member, board of managers	1 Aug 2015	Other	2390641
Dina Santoro	Member, board of managers	1 Aug 2015	Other	3008685
Vasel Vataj	Chief financial officer and member, board of managers	1 Aug 2015	Other	6554819
Dina Santoro	Member, board of managers	1 Sep 2015	Other	3008685
Andrew Charles Louis Dyson	Ceo & chairman, board of managers	1 Apr 2017	Other	4340265
Robert Charles Roth	Chief financial officer	1 Jun 2017	Other	6827149

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Prudential Asset Management Holding Company	Shareholder	1 Jun 2000	75% - 100%	14-1960383
Pgim Holding Company Llc	Shareholder	1 Jun 2000	75% - 100%	14-1960383
Inc. Prudential Financial	Shareholder	1 Dec 2001	75% - 100%	22-370799

Based in Newark

The principal office where Quantitative Management Associates LLC performs its advisory services is located at Gateway Center 2, Newark, NJ 07102, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 973-367-4653 or by fax 973-802-8025. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at qmassociates.com.