{"url":"https://nivawealth.com/firms/aqs-asset-management-131544","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/131544","regulatoryAum":4066280421,"crd":"131544","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2261424","suffix":null,"lastName":"WHITE","firstName":"BYRON","middleName":"LEE"},{"crd":"1484726","suffix":null,"lastName":"WHITE","firstName":"JOHN","middleName":"LARRY"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-08","regulatoryAum":2934635200,"clients":10,"employees":5,"offices":1},{"filedOn":"2022-03-14","regulatoryAum":3713884332,"clients":11,"employees":5,"offices":1},{"filedOn":"2023-02-17","regulatoryAum":3253948373,"clients":11,"employees":4,"offices":1},{"filedOn":"2024-02-29","regulatoryAum":3418464834,"clients":11,"employees":4,"offices":1},{"filedOn":"2025-03-10","regulatoryAum":3449528674,"clients":11,"employees":4,"offices":1},{"filedOn":"2026-03-03","regulatoryAum":4066280421,"clients":11,"employees":4,"offices":1}],"secFileNumber":"801-63166","legalName":"Aqs Asset Management, L.L.C.","displayName":"AQS Asset Management","slug":"aqs-asset-management-131544","website":"https://aqsllc.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/131544/89c93d59d048c8a7-r1.webp","tone":"light","width":463,"height":200,"sourceUrl":"https://www.aqsllc.com/","sourceLabel":"AQS Asset Management, L.l.c., website"},"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/4848890/","founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"5806 Mesa Drive, Ste 220","city":"Austin","state":"TX","stateName":"Texas","country":"United States","postalCode":"78731"},"tradeNames":[],"registration":{"secApproved":"18 May 2004","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":4,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":4066280421,"discretionary":4066280421,"discretionaryAccounts":13,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Insurance companies","clients":11,"regulatoryAum":4066280421}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Keybank National Association","shortName":"Keybank National Association","location":"Cleveland, OH","smaAssets":463544678},{"name":"Northwest Bank","shortName":"Northwest Bank","location":"Warren, PA","smaAssets":1956303286}],"custodyNote":"AQS Asset Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Byron White","title":"Chief Compliance Officer/Managing Director","crd":"2261424"},{"name":"John White","title":"Managing Director","crd":"1484726"}],"ownership":[{"label":"Byron White","detail":"Chief compliance officer/managing director in the 50% to 75% ownership band and a control person, since March 2004."},{"label":"John White","detail":"Managing director in the 50% to 75% ownership band and a control person, since March 2004."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"5806 Mesa Drive, Ste 220","city":"Austin","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"512-314-0720","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"U.S. government/agency bonds","percent":6},{"label":"U.S. state and local bonds","percent":4},{"label":"Investment grade corporate bonds","percent":65},{"label":"Non-investment grade corporate bonds","percent":3},{"label":"Cash and cash equivalents","percent":1},{"label":"Other","percent":21,"detail":"Commercial Mortgage Bridge Loans: 9%\nAsset Backed Securities: 12%"}],"privateFunds":0},"sources":{"adv1FilingDate":"3 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/131544/PDF/131544.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does AQS Asset Management have?","answer":"AQS Asset Management has 11 clients and manages $4.07 billion for them, as of March 2026. They include 11 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 3 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does AQS Asset Management offer?","answer":"AQS Asset Management provides portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does AQS Asset Management use?","answer":"AQS Asset Management’s separately managed account assets are held at Northwest Bank (Warren, PA), with $1.96B and Keybank National Association (Cleveland, OH), with $464M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does AQS Asset Management have?","answer":"AQS Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does AQS Asset Management invest in?","answer":"At the end of its last fiscal year, AQS Asset Management’s separately managed accounts held 65% investment grade corporate bonds, 21% other, 6% U.S. government and agency bonds, 4% state and local bonds, 3% high-yield corporate bonds and 1% cash and equivalents. The 21% other category is described as: Commercial Mortgage Bridge Loans: 9%\nAsset Backed Securities: 12%.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns AQS Asset Management?","answer":"AQS Asset Management’s direct owners are Byron White (50% to 75%) and John White (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 3 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does AQS Asset Management get paid?","answer":"AQS Asset Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact AQS Asset Management?","answer":"AQS Asset Management’s main office is at 5806 Mesa Drive, Ste 220, Austin, TX 78731. Its phone number is 512-314-0720. Its website is aqsllc.com.","source":"Form ADV Part 1A, Item 1.F, filed 3 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}