Quantum Advisors Private Limited (Mumbai)

Name: Quantum Advisors Private Limited
Address: 6 Th Floor, Hoechst House, Mumbai, 400021
Telephone: 91-22-2283-0322

Quantum Advisors Private Limited is a large advisory firm based in Mumbai. It manages $2.19 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2009.

Quantum Advisors Private Limited provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Quantum Advisors Private Limited: assets under management

The assets under management (AUM) of Quantum Advisors Private Limited is $2.19 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 333% since the beginning of its operation, and $2.16 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.19 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $156.69 million each.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Quantum Advisors Private Limited 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 Dayal Ajit serves?

The firm provides services to individuals, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Dayal Ajit is state or municipal government entities with 4 clients and $2.14 billion of assets under management. Among the 8 most similar advisory firms, Quantum Advisors Private Limited has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $2.19 billion for 14 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 80% of the firm’s clients are foreign persons or businesses.

Quantum Advisors Private Limited also advises several private funds.

Careers at Quantum Advisors Private Limited

The company employs 66 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 are 3 people 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.

Dayal Ajit has been acting as President since 1 Jan 1990. Hormazdiyaar Shiavax Vakil joined the executive team most recently as the Non Executive Independent Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dayal Ajit	Director	1 Jan 1990	25% - 50%	5687862
Menlo Oak Venture Investments	Shareholder of class a shares and preference shares	1 Jun 2004	25% - 50%	98-0433119
William Geoffrey Stein	Non executive - associate director	1 Jun 2004	Other	5993037
Hemang Dave	Non executive - associate director	1 Jun 2004	Other	5688241
Thadeuse Don Vargheese	Manager - fund administration	1 Oct 2005	Other	5687861
Iyer Venkata Subramaniam	Managing director & cio	1 Nov 2005	Other	5688249
Darius Udwadia	Non executive - independent director	1 Nov 2005	Other	5993029
Nabankur Gupta	Non executive - independent director	1 Dec 2005	Other	5993028
Shobha Singh Thakur	Non executive - independent director	1 Apr 2007	Other	5993026
Mehta Satish Gordhan	Chief executive officer	1 Dec 2007	Other	5687857
Lakkadghat Tehsin Murtuza	Chief financial officer	1 Sep 2008	Other	5687859
Krishnan Murali Ananthan	Chief compliance officer	1 Jan 2009	Other	5687858
Thadeuse Don Vargheese	Assistant vice president (operations)	1 Apr 2010	Other	5687861
Piyush Thakkar	Chief operating officer	1 Jun 2010	Other	5687859
Thadeuse Don Vargheese	Vice president (operations)	1 Apr 2012	Other	5687861
Afrid Wadia	Head-operations	1 Jul 2013	Other	6401614
Marsha Joan Vande Berg	Non executive independent director	1 Jul 2014	Other	6401536
Hwic Asia Fund Class Q Shares	Shareholder	1 Jul 2016	25% - 50%	foreign entity
Anand Shamsagar Kashikar	Chief compliance officer	1 Apr 2017	Other	6779606
Ajay Vipin Nanavati	Non-executive independent director	1 Mar 2019	Other	7087839
Ketav Yeshwant Chaphekar	Chief compliance officer	1 May 2019	Other	6515302
Hormazdiyaar Shiavax Vakil	Non executive independent director	1 Aug 2019	Other	7174996

Indirect Owners

The SEC currently registers 10 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ffhl Group Ltd.	Shareholder	1 Jan 1994	75% - 100%	foreign entity
Fairfax Financial Holdings Limited	Shareholder	1 Jan 1994	75% - 100%	foreign entity
Crum & Forster Holdings Corp	Shareholder	1 Aug 1998	75% - 100%	04-3611900
Fairfax (Us) Inc.	Shareholder	1 Aug 1998	75% - 100%	83-0306126
Alok Oberoi	Shareholder	1 Jun 2000	50% - 75%	1779020
Majini Oberoi	Shareholder	1 Jun 2000	50% - 75%	6231719
Sbd Holdings Llc	Shareholder	1 Oct 2004	50% - 75%	20-2216093
Hemang Dave	Shareholder	1 Dec 2004	50% - 75%	5688241
Zedan Ltd	Shareholder	1 Jun 2005	25% - 50%	00-0000000
United States Fire Insurance Company	Shareholder	1 Jul 2016	25% - 50%	13-5459190

Based in Mumbai

The principal office where Quantum Advisors Private Limited performs its advisory services is located at 6 Th Floor, Hoechst House, Mumbai, 400021, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 91-22-2283-0322 or by fax 91-22-2287-5111. The normal business hours are 9:30am - 6:00pm (ist) on Monday - Friday. You can find more information about the New York firm at qasl.com/.