Qvr LLC (San Francisco)

Name: Qvr LLC
Address: One Market Street, San Francisco, CA, 94105
Telephone: 415-293-8073

Qvr LLC is a large advisory firm based in San Francisco. It manages $415.38 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of California.

Qvr 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.

Qvr: assets under management

The assets under management (AUM) of Qvr LLC is $415.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 454% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $415.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $415.38 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Qvr 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 Qvr serves?

The only and largest group of clients of Qvr is pooled investment vehicles with 1 clients and $415.38 million of assets under management. Among the 11 most similar advisory firms, Qvr has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $415.38 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Qvr also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Qvr LLC

The company employs 3 people that are either part- or full-time employees. 67 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
Scott Satoshi Toyama	Chief compliance officer, director of operations	1 May 2017	Other	6807707
Benjamin Patrick Eifert	Managing member	1 May 2017	75% - 100%	6823127
Terracotta Capital	Member	1 Jul 2017	Other	45-2558777
Leon Ernest Chen	Member	1 Jul 2017	Other	6829787
Leon Chen	Member	1 Jul 2017	Other	6829787

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Brian David Hom	Sole member	1 Jun 2011	75% - 100%	6829789
Brian Hom	Sole member	1 Jun 2011	75% - 100%	6829789

Based in San Francisco

The principal office where Qvr LLC performs its advisory services is located at One Market Street, San Francisco, CA 94105, 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 415-293-8073. The normal business hours are 9-5 est on Monday - Friday. You can find more information about the New York firm at qvradvisors.com.