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

Quantum Capital Management

Former SEC-registered adviserSan Francisco, CaliforniaCRD 143150SEC 801-67571IAPD
Legal name Qcm, LLC
Latest filing May 12, 2020
First filing on the tape Feb 13, 2012 · 30 filings
RAUM
$153M
reported, Item 5.F
Discretionary
90%
of RAUM
Private clients
92%
$140M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$153M as of Mar 25, 2020
Mar 15, 2012$342M then
HNW client RAUM$117M as of Mar 25, 2020
Apr 2, 2018$93.6M then
State-registered IARs (5.B.3)3 as of Mar 25, 2020
Apr 1, 20138 then
Employees (5.A)6 as of Mar 25, 2020
Apr 1, 201313 then
Private funds: no history
RAUM -24% over the last fiscal year-29% a year over threeIARs 4 to 3
Practice profile
derived from the filing of May 12, 2020; every figure names its basis
RAUM per advisor
$51.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
32derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$777,170derivedRAUM over accounts (5.F.2.f)
Discretionary
90%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-24%derivedbetween the last two annual amendments
Advisor growth, one year
-25%derivedItem 5.B.3 between annual amendments
Client growth, one year
-25%derived
Compensation
percentage of assets, hourly, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$117M80%
  • Individuals$23.3M16%
  • Corporations and businesses$5.9M4.1%
  • Charitable organizations$234,1460.2%
Individual clients
48reported
HNW clients
47reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
197reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourly, 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
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Bernard Howard Aschwald · Chief Investment Officercontrol
      since 08/1996 · owns less than 5%
    • Charles Peter Sinatra · Chief Executive Officercontrol
      since 01/2010 · owns less than 5%
    • Craig Daniel Young · Chief Compliance Officercontrol
      since 08/2014 · owns less than 5%
    • Aaron Erwin Rubenstein · Trusteecontrol
      since 05/2006 · owns F of K.I.S.S. Dynasty Trust No. 9
    Entity owners
    • Sterling Bank And Trust, Fsb · Direct Owner/Parent Holding Company
      direct · owns 75% or more
    • K.I.S.S. Dynasty Trust No. 9 · Shareholder
      indirect · owns 25% to 50% of Sterling Bancorp, Inc.
    • Sterling Bancorp, Inc. · Parent Holding Company
      indirect · owns 75% or more of Sterling Bank And Trust, Fsb
    • The First National Bank In Sioux Falls · Trustee
      indirect · owns F of K.I.S.S. Dynasty Trust No. 9
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 185 to 197
      Apr 2, 2019 to Mar 25, 2020
    • Advisory employees · 6 to 3
      Apr 2, 2019 to Mar 25, 2020
    • Advisory activities · 4 to 3
      Apr 2, 2019 to Mar 25, 2020
    • Charity clients · unset to 1.0
      Apr 2, 2019 to Mar 25, 2020
    • Corporate clients · unset to 1.0
      Apr 2, 2019 to Mar 25, 2020
    • HNW clients · 51 to 47
      Apr 2, 2019 to Mar 25, 2020
    • Individual clients · 75 to 48
      Apr 2, 2019 to Mar 25, 2020
    • Pension plan clients · unset to 0.0
      Apr 2, 2019 to Mar 25, 2020
    • Pooled vehicle clients · unset to 0.0
      Apr 2, 2019 to Mar 25, 2020
    • Employees · 13 to 6
      Apr 2, 2019 to Mar 25, 2020
    • Insurance-licensed employees · 3 to 0
      Apr 2, 2019 to Mar 25, 2020
    • State-registered IARs · 4 to 3
      Apr 2, 2019 to Mar 25, 2020
    • Discretionary RAUM · $200M to $138M
      Apr 2, 2019 to Mar 25, 2020
    • HNW RAUM · $90.7M to $117M
      Apr 2, 2019 to Mar 25, 2020
    • Individual RAUM · $30.7M to $23.3M
      Apr 2, 2019 to Mar 25, 2020
    • Non-discretionary RAUM · $0 to $15.3M
      Apr 2, 2019 to Mar 25, 2020
    • Pension RAUM · unset to 0.0
      Apr 2, 2019 to Mar 25, 2020
    • Pooled vehicle RAUM · unset to 0.0
      Apr 2, 2019 to Mar 25, 2020
    • RAUM · $200M to $153M
      Apr 2, 2019 to Mar 25, 2020
    • Accounts · 282 to 185
      Apr 2, 2018 to Mar 28, 2019
    • HNW clients · 45 to 51
      Apr 2, 2018 to Mar 28, 2019
    • Individual clients · 137 to 75
      Apr 2, 2018 to Mar 28, 2019
    • Discretionary RAUM · $453M to $200M
      Apr 2, 2018 to Mar 28, 2019
    • HNW RAUM · $93.6M to $90.7M
      Apr 2, 2018 to Mar 28, 2019
    • Individual RAUM · $50.8M to $30.7M
      Apr 2, 2018 to Mar 28, 2019
    • Non-discretionary RAUM · $43.4M to $0
      Apr 2, 2018 to Mar 28, 2019
    • RAUM · $496M to $200M
      Apr 2, 2018 to Mar 28, 2019
    • Accounts · 222 to 282
      Jul 20, 2017 to Apr 2, 2018
    • Advisory employees · 9 to 6
      Jul 20, 2017 to Apr 2, 2018
    • HNW clients · unset to 45.0
      Jul 20, 2017 to Apr 2, 2018
    • Individual clients · unset to 137.0
      Jul 20, 2017 to Apr 2, 2018
    • Employees · 11 to 13
      Jul 20, 2017 to Apr 2, 2018
    • Insurance-licensed employees · 0 to 3
      Jul 20, 2017 to Apr 2, 2018
    • Other offices · unset to 0.0
      Jul 20, 2017 to Apr 2, 2018
    • Discretionary RAUM · $394M to $453M
      Jul 20, 2017 to Apr 2, 2018
    • HNW RAUM · unset to 93587890.0
      Jul 20, 2017 to Apr 2, 2018
    • Individual RAUM · unset to 50839457.0
      Jul 20, 2017 to Apr 2, 2018
    • Non-discretionary RAUM · $30.9M to $43.4M
      Jul 20, 2017 to Apr 2, 2018
    • RAUM · $425M to $496M
      Jul 20, 2017 to Apr 2, 2018
    • Accounts · 320 to 222
      Mar 23, 2016 to Mar 31, 2017
    Signals
    2 dated events
    • Dennis John Clifford (Chief Operations Officer) no longer on Schedule A of Quantum Capital Management (listed 2019-04-02, absent 2020-03-25)
      Mar 25, 2020 · Control person left · inference
    • Quantum Capital Management reported RAUM $200.2M, down 60% from $496.0M (2018-04-02 to 2019-03-28)
      Mar 28, 2019 · RAUM change · derived
    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