Quantum Advisors Private Limited (Mumbai)


Quantum Advisors Private Limited is a large advisory firm based in Mumbai. It manages $2.19 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2009.

Quantum Advisors Private Limited provides portfolio management for individuals and small businesses, 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.

Quantum Advisors Private Limited: assets under management

The assets under management (AUM) of Quantum Advisors Private Limited is $2.19 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 333% since the beginning of its operation, and $2.16 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.19 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $156.69 million each.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Quantum Advisors Private Limited for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dayal Ajit serves?

The firm provides services to individuals, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Dayal Ajit is state or municipal government entities with 4 clients and $2.14 billion of assets under management. Among the 8 most similar advisory firms, Quantum Advisors Private Limited has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $2.19 billion for 14 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 80% of the firm’s clients are foreign persons or businesses.

Quantum Advisors Private Limited also advises several private funds.

Careers at Quantum Advisors Private Limited

The company employs 66 people that are either part- or full-time employees. 21 percent of the employees work as investment advisers or researchers. No 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 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.

Dayal Ajit has been acting as President since 1 Jan 1990. Hormazdiyaar Shiavax Vakil joined the executive team most recently as the Non Executive Independent Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Dayal Ajit Director 1 Jan 1990 25% - 50% 5687862
Menlo Oak Venture Investments Shareholder of class a shares and preference shares 1 Jun 2004 25% - 50% 98-0433119
William Geoffrey Stein Non executive - associate director 1 Jun 2004 Other 5993037
Hemang Dave Non executive - associate director 1 Jun 2004 Other 5688241
Thadeuse Don Vargheese Manager - fund administration 1 Oct 2005 Other 5687861
Iyer Venkata Subramaniam Managing director & cio 1 Nov 2005 Other 5688249
Darius Udwadia Non executive - independent director 1 Nov 2005 Other 5993029
Nabankur Gupta Non executive - independent director 1 Dec 2005 Other 5993028
Shobha Singh Thakur Non executive - independent director 1 Apr 2007 Other 5993026
Mehta Satish Gordhan Chief executive officer 1 Dec 2007 Other 5687857
Lakkadghat Tehsin Murtuza Chief financial officer 1 Sep 2008 Other 5687859
Krishnan Murali Ananthan Chief compliance officer 1 Jan 2009 Other 5687858
Thadeuse Don Vargheese Assistant vice president (operations) 1 Apr 2010 Other 5687861
Piyush Thakkar Chief operating officer 1 Jun 2010 Other 5687859
Thadeuse Don Vargheese Vice president (operations) 1 Apr 2012 Other 5687861
Afrid Wadia Head-operations 1 Jul 2013 Other 6401614
Marsha Joan Vande Berg Non executive independent director 1 Jul 2014 Other 6401536
Hwic Asia Fund Class Q Shares Shareholder 1 Jul 2016 25% - 50% foreign entity
Anand Shamsagar Kashikar Chief compliance officer 1 Apr 2017 Other 6779606
Ajay Vipin Nanavati Non-executive independent director 1 Mar 2019 Other 7087839
Ketav Yeshwant Chaphekar Chief compliance officer 1 May 2019 Other 6515302
Hormazdiyaar Shiavax Vakil Non executive independent director 1 Aug 2019 Other 7174996

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Ffhl Group Ltd. Shareholder 1 Jan 1994 75% - 100% foreign entity
Fairfax Financial Holdings Limited Shareholder 1 Jan 1994 75% - 100% foreign entity
Crum & Forster Holdings Corp Shareholder 1 Aug 1998 75% - 100% 04-3611900
Fairfax (Us) Inc. Shareholder 1 Aug 1998 75% - 100% 83-0306126
Alok Oberoi Shareholder 1 Jun 2000 50% - 75% 1779020
Majini Oberoi Shareholder 1 Jun 2000 50% - 75% 6231719
Sbd Holdings Llc Shareholder 1 Oct 2004 50% - 75% 20-2216093
Hemang Dave Shareholder 1 Dec 2004 50% - 75% 5688241
Zedan Ltd Shareholder 1 Jun 2005 25% - 50% 00-0000000
United States Fire Insurance Company Shareholder 1 Jul 2016 25% - 50% 13-5459190

Based in Mumbai

The principal office where Quantum Advisors Private Limited performs its advisory services is located at 6 Th Floor, Hoechst House, Mumbai, 400021, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 91-22-2283-0322 or by fax 91-22-2287-5111. The normal business hours are 9:30am - 6:00pm (ist) on Monday - Friday. You can find more information about the New York firm at qasl.com/.