{"url":"https://nivawealth.com/firms/qm-advisors-297438","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/297438","regulatoryAum":140091484,"crd":"297438","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6659735","suffix":null,"lastName":"Bauman","firstName":"John","middleName":"Eric"},{"crd":"7076700","suffix":"Sr.","lastName":"Connor","firstName":"Jeffrey","middleName":"James"},{"crd":"4051256","suffix":null,"lastName":"DeMent","firstName":"John","middleName":"Paxton"},{"crd":"5904287","suffix":null,"lastName":"EDMONDS","firstName":"JOSHUA","middleName":"OLIVER"},{"crd":"6496411","suffix":null,"lastName":"GAY","firstName":"HAROLD","middleName":"TYLER"},{"crd":"3254793","suffix":null,"lastName":"HEIL","firstName":"DARREN","middleName":"RUSSELL"},{"crd":"5202580","suffix":null,"lastName":"O'DELL","firstName":"DAVID","middleName":"RAY"},{"crd":"3274658","suffix":null,"lastName":"SIMMONS","firstName":"DAVID","middleName":"MICHAEL"},{"crd":"5088861","suffix":null,"lastName":"TOERING","firstName":"ANDREW","middleName":"J"},{"crd":"4259204","suffix":null,"lastName":"YOON","firstName":"JOSEPH","middleName":"S"}],"total":10,"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":"2025-04-16","regulatoryAum":118124962,"clients":159,"employees":9,"offices":3},{"filedOn":"2026-03-25","regulatoryAum":140091484,"clients":161,"employees":9,"offices":3}],"secFileNumber":"801-132594","legalName":"QM Advisors LLC","displayName":"QM Advisors","slug":"qm-advisors-297438","website":"https://qmadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Georgia limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"17 April 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":696828.3181818182,"staff":{"employees":9,"advisory":9,"brokerDealerReps":0,"insuranceAgents":8,"promoters":0},"aum":{"regulatory":140091484,"discretionary":120140662,"discretionaryAccounts":157,"nonDiscretionary":19950822,"nonDiscretionaryAccounts":4,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":91,"regulatoryAum":26827890},{"label":"High-net-worth individuals","clients":63,"regulatoryAum":80483671},{"label":"Pooled investment vehicles","clients":2,"regulatoryAum":12767539},{"label":"Pension and profit-sharing plans","clients":4,"fewerThan5":true,"regulatoryAum":19950822},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":61562}],"feePrograms":[{"role":"main","program":"Portfolio Management Fees","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025582","versionId":1025582,"ratePeriod":"annual","fee_billing":null,"submittedOn":"2026-03-25","documentName":"ADV PART 2A-QM ADVISORS LLC","fee_rate_low":null,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning","summary":"Financial planning is a fixed fee of $1,000 to $10,000 or an hourly fee of $350 to $850, depending on complexity; paid in arrears on completion.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025582","versionId":1025582,"submittedOn":"2026-03-25","documentName":"ADV PART 2A-QM ADVISORS LLC"},{"role":"other","program":"Retirement Plan Advisory Services","summary":"Retirement plan advisory fees generally range from 0.20% to 1.00% annually, negotiable, billed in arrears and may be paid from plan assets.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025582","versionId":1025582,"submittedOn":"2026-03-25","documentName":"ADV PART 2A-QM ADVISORS LLC"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T16:05:30.917151+00:00","documents":[{"name":"ADV PART 2A-QM ADVISORS LLC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025582","versionId":1025582,"submittedOn":"2026-03-25"}]},"custodians":[{"name":"Axos Clearing LLC","shortName":"Axos Clearing","location":"Centennial, CO","smaAssets":80030861},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":32568615}],"custodyNote":"QM Advisors has custody of $9.96M for 14 clients.","otherCustodians":[],"leadership":[{"name":"David Simmons","title":"Chief Compliance Officer","crd":"3274658"}],"ownership":[{"label":"1776 Capital LLC","detail":"Member in the 50% to 75% ownership band and a control person, since October 2018."},{"label":"Simmons Financial LLC","detail":"Member in the 50% to 75% ownership band and a control person, since October 2018."},{"label":"David Simmons","detail":"Indirect owner: a owner of Simmons Financial LLC in the 50% to 75% band and a control person, since July 2013.","parent":"Simmons Financial LLC"},{"label":"Darren Heil","detail":"Indirect owner: a owner of 1776 Capital LLC in the 50% to 75% band and a control person, since January 2012.","parent":"1776 Capital LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":2},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"404-965-3578","stateRegisteredReps":9,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Pension consulting services"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":65},{"label":"Cash and cash equivalents","percent":30}],"privateFunds":1},"sources":{"adv1FilingDate":"25 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/297438/PDF/297438.pdf","brochureDate":"25 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025582","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does QM Advisors have?","answer":"QM Advisors has 161 clients and manages $140 million for them, as of March 2026. They include 91 individual clients, 63 high-net-worth individuals, and 4 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does QM Advisors offer?","answer":"QM Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and pension consulting.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does QM Advisors charge?","answer":"QM Advisors charges up to 1.50% a year for its Portfolio Management Fees. The fee is negotiable.","source":"ADV PART 2A-QM ADVISORS LLC, filed 25 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does QM Advisors use?","answer":"QM Advisors’ separately managed account assets are held at Axos Clearing LLC (Centennial, CO), with $80M and Charles Schwab & Co., Inc. (Westlake, TX), with $32.6M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does QM Advisors have?","answer":"QM Advisors has 9 investment adviser representatives registered with state securities authorities, out of 9 employees, and 9 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 8 employees are 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 QM Advisors invest in?","answer":"At the end of its last fiscal year, QM Advisors’ separately managed accounts held 65% registered funds (mutual funds, ETFs, BDCs), 30% cash and equivalents and 5% exchange-traded equities. It advises 1 private fund.","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 QM Advisors?","answer":"QM Advisors is owned through holding companies by David Simmons and Darren Heil. Its direct owners are 1776 Capital LLC (50% to 75%) and Simmons Financial LLC (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does QM Advisors get paid?","answer":"QM Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. 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 QM Advisors?","answer":"Its phone number is 404-965-3578. Its website is qmadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 25 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."}