DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
Former SEC-registered adviser
Sovereign Private Equity Management, LLC
Legal name Quantitative Equity Strategies, LLC
Latest filing May 21, 2014
First filing on the tape Mar 29, 2012 · 7 filings
RAUM
$17.8M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
1
$17.8M gross assets
History
7 filings and snapshots on the tape
RAUM$17.8M as of May 1, 2014
Mar 29, 2012$175M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of May 1, 2014
Mar 29, 20120 then
Employees (5.A)1 as of May 1, 2014
Apr 1, 20135 then
Private funds1 as of May 1, 2014
Mar 29, 20121 then
RAUM -83% over the last fiscal yearIARs 0 to 1
Practice profile
derived from the filing of May 21, 2014; every figure names its basis
- RAUM per advisor
- $17.8MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $17.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -83%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- $17.8M, 1 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- $17.8M for 1 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
- Benjamin Troy Warwick to Advisors Preferred LLCDec 31, 2024 · Other
- Benjamin Troy Warwick to Occam Capital Advisors, LLCDec 31, 2022 · Other
Joined, latest
- Benjamin Troy Warwick from Aveo Capital Partners, LLCJan 24, 2023 · Other
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Sovereign Lee Hybrid Fund, LP | Hedge Fund | $17.8M | 45 | Mar 29, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Troy Benjamin Warwick · Chief Investment Officer, Chief Compliance Officercontrolsince 10/2007 · owns less than 5%
- Troy Benjamin Warwick · Managing Member / Chief Investment Officer / Chief Compliance Officercontrolsince 10/2007 · owns 75% or more of Quantitative Equity Strategies, LLC
- Claude William Wortman · 20% Ownersince 05/2009 · owns 10% to 25%
Entity owners
- Qes Private Equity, LLC · 80% Ownerdirect · owns 75% or more
- Quantitative Equity Strategies, LLC · Ownerindirect · owns 75% or more of Qes Private Equity, LLC
Related persons
Schedule D 7.A
- Benjamin Troy Warwickpooled vehicle sponsory
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Highlands Ranch, Co · principal | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Business name · QUANTITATIVE EQUITY STRATEGIES, LLC to SOVEREIGN PRIVATE EQUITY MANAGEMENT, LLCMar 31, 2014 to May 1, 2014
- Assets in custody · $20.5M to $17.8MMar 31, 2014 to May 1, 2014
- Discretionary RAUM · $20.5M to $17.8MMar 31, 2014 to May 1, 2014
- RAUM · $20.5M to $17.8MMar 31, 2014 to May 1, 2014
- Accounts · 5 to 1Sep 13, 2013 to Mar 31, 2014
- Advisory employees · 4 to 1Sep 13, 2013 to Mar 31, 2014
- Advisory activities · 5 to 1Sep 13, 2013 to Mar 31, 2014
- Assets in custody · $16.2M to $20.5MSep 13, 2013 to Mar 31, 2014
- Employees · 4 to 1Sep 13, 2013 to Mar 31, 2014
- State-registered IARs · 0 to 1Sep 13, 2013 to Mar 31, 2014
- Discretionary RAUM · $107M to $20.5MSep 13, 2013 to Mar 31, 2014
- RAUM · $107M to $20.5MSep 13, 2013 to Mar 31, 2014
- Employees · 5 to 4Jun 11, 2013 to Sep 13, 2013
- Accounts · 8 to 5Mar 29, 2012 to Apr 1, 2013
- Advisory employees · unset to 4.0Mar 29, 2012 to Apr 1, 2013
- BD registered reps · unset to 0.0Mar 29, 2012 to Apr 1, 2013
- Assets in custody · $13.9M to $16.2MMar 29, 2012 to Apr 1, 2013
- Employees · unset to 5.0Mar 29, 2012 to Apr 1, 2013
- Discretionary RAUM · $81.4M to $107MMar 29, 2012 to Apr 1, 2013
- Non-discretionary RAUM · $93.5M to $0Mar 29, 2012 to Apr 1, 2013
- RAUM · $175M to $107MMar 29, 2012 to Apr 1, 2013
Signals
2 dated events
- Benjamin Troy Warwick left Sovereign Private Equity Management, Llc for Advisors Preferred Llc (registered 2024-11-01)Dec 31, 2024 · Advisor changed firm · fact
- Benjamin Troy Warwick left Sovereign Private Equity Management, Llc for Occam Capital Advisors, Llc (registered 2004-09-03)Dec 31, 2022 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026