Qvt Financial LP (New York)

Name: Qvt Financial LP
Address: 444 Madison Avenue, New York, NY, 10022
Telephone: (212) 705-8888

Qvt Financial LP is a large advisory firm based in New York. It manages $1.85 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2012.

Qvt Financial 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.

Qvt Financial: assets under management

The assets under management (AUM) of Qvt Financial LP is $1.85 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -86% since the beginning of its operation, and $1.46 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.85 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $102.75 million each.

Qvt Financial has custody of $1.44 billion in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Qvt Financial LP 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 Qvt Financial serves?

The only and largest group of clients of Qvt Financial is pooled investment vehicles with 13 clients and $1.85 billion of assets under management. Among the 9 most similar advisory firms, Qvt Financial has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.85 billion for 13 clients. 55% of the firm’s clients are foreign persons or businesses.

Qvt Financial also advises several private funds. Namely, six hedge funds, eleven other private funds, and three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Qvt Financial LP

The company employs 39 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 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
Daniel Allen Gold	Chief executive officer; limited partner	1 Jun 2003	Other	2105569
Arthur Paishih Chu	Limited partner	1 Jun 2003	Other	2942482
Tracy Chuin Fu	Limited partner	1 Jun 2003	Other	2569643
Nicholas David Stupnick Brumm	Limited partner	1 Jun 2003	Other	4200971
Qvt Financial Gp Llc	General partner	1 Jun 2003	Other	11-3694007
Nicholas David Stuprick Brumm	Partner; managing member of general partner	1 Jun 2003	Other	4200971
Daniel Collins	Chief accounting officer; limited partner	1 Jan 2004	Other	6007154
Fatemeh Sadeghi Nejad	General counsel; limited partner	1 Jan 2004	Other	6007157
Julian Robert Sale	Chief financial officer; limited partner	1 Aug 2005	Other	2508900
Margaret Sarah Eisner	Chief compliance officer	1 May 2014	Other	6332048
Daniel Collins	Chief operating officer	1 Apr 2015	Other	6007154
Michael Gat	General counsel	1 Sep 2015	Other	2774446

Based in New York

The principal office where Qvt Financial LP performs its advisory services is located at 444 Madison Avenue, 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) 705-8888 or by fax (212) 705-8820. The normal business hours are 8:00am - 6:00pm on Monday - Friday. You can find more information about the New York firm at qvt.com.