Quantitative Asset Management provides portfolio management for individuals and small businesses.
Quantitative Asset Management reports 155 clients. They include 109 individual clients, 44 high-net-worth individuals and 2 charitable organizations. Of its assets, 100.0% ($187M across 155 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 19% |
| High-net-worth individuals | 28% | 74% |
| Charitable organizations | 1% | 7% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 109 | $36.1M | 19.3% | $331K |
| High-net-worth individuals | 44 | $138M | 73.6% | $3.13M |
| Charitable organizations | Fewer than 5 | $13.4M | 7.1% | $6.69M |
| Total | 155 | $187M | 100% | — |
- Clients
- 109
- Regulatory AUM
- $36.1M
- AUM share
- 19.3%
- Avg. per client
- $331K
- Clients
- 44
- Regulatory AUM
- $138M
- AUM share
- 73.6%
- Avg. per client
- $3.13M
- Clients
- Fewer than 5
- Regulatory AUM
- $13.4M
- AUM share
- 7.1%
- Avg. per client
- $6.69M
Total
- Clients
- 155
- Regulatory AUM
- $187M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Quantitative Asset Management charges 0.65%–1.00% a year for its Asset Management. The fee is billed in arrears and is negotiable.
Fee details and sources
Patricia Farni owns 50% to 75% of Quantitative Asset Management. The leadership team of Quantitative Asset Management includes President Jeffrey Farni and Chief Compliance Officer John Farni. It has 2 employees.
Leadership
- Jeffrey FarniManaging Member/President
- John FarniExecutive Vice President / Investment Advisor / Chief Compliance Officer
- Patricia FarniInactive Owner
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 50% to 75% of Quantitative Asset Management, LLC
Patricia Farni
Control person · since April 2007
- Owns 25% to 50% of Quantitative Asset Management, LLC
Jeffrey Farni
Control person · since January 2007
Quantitative Asset Management’s regulatory assets grew from $150M (July 2021) to $187M (March 2026); clients fell from 315 to 155 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $187M | 155 | 2 | 1 |
| March 2025 | $164M | 176 | 2 | 1 |
| February 2024 | $172M | 172 | 2 | 1 |
| March 2023 | $153M | 181 | 2 | 1 |
| February 2022 | $163M | 194 | 2 | 1 |
| July 2021 | $150M | 315 | 2 | 1 |
Besides its headquarters, Quantitative Asset Management has 0 offices, with 1 listed address in Minnesota.
Minnesota · 1 listed address
- 4350 Baker Road, Suite 160, MinnetonkaHQ
Contact and registration details
- Legal name
- Quantitative Asset Management, LLC
- Headquarters
- 4350 Baker Road, Suite 160, Minnetonka, MN 55343
- Website
- qamgmt.com
- Phone
- 952-476-7855
- SEC file
- 801-67607
- Structure
- Minnesota LLC
- Fiscal year end
- December
Quantitative Asset Management uses Charles Schwab ($187M) as custodian for its separately managed accounts. Quantitative Asset Management does not have custody of client assets.
- Charles SchwabCharles Schwab · New York City, NY · $187M100%
At year end, Quantitative Asset Management’s separately managed accounts were mostly in stocks (80%) and cash (15%).
What the accounts hold
- Stocks80%
- Bonds5%
- Cash15%
How many clients does Quantitative Asset Management have?
Quantitative Asset Management has 155 clients and manages $187 million for them, as of March 2026. They include 109 individual clients, 44 high-net-worth individuals and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Quantitative Asset Management offer?
Quantitative Asset Management provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Quantitative Asset Management charge?
Quantitative Asset Management charges 0.65%–1.00% a year for its Asset Management. The fee is billed in arrears and is negotiable.
Which custodians does Quantitative Asset Management use?
Quantitative Asset Management’s separately managed account assets are held at Charles Schwab (New York City, NY), with $187M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Quantitative Asset Management have?
Quantitative Asset Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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
What does Quantitative Asset Management invest in?
At the end of its last fiscal year, Quantitative Asset Management’s separately managed accounts held 80% exchange-traded equities, 15% cash and equivalents and 5% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Quantitative Asset Management?
Quantitative Asset Management’s direct owners are Jeffrey Farni (25% to 50%) and Patricia Farni (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Quantitative Asset Management get paid?
Quantitative 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
How do I contact Quantitative Asset Management?
Quantitative Asset Management’s main office is at 4350 Baker Road, Suite 160, Minnetonka, MN 55343. Its phone number is 952-476-7855. Its website is qamgmt.com.