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SEC-registered adviser

Q•• M••••••••• L••

Asset manager (funds and pooled vehicles)Dallas, TexasCRD 285478SEC 801-118581websiteIAPD
Latest filing Apr 22, 2026
First filing on the tape Mar 30, 2020 · 10 filings
SEC status approved since Apr 30, 2020
RAUM
$174M
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
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$174M as of Apr 22, 2026
Mar 26, 2021$186M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Apr 22, 2026
Mar 26, 20210 then
Employees (5.A)4 as of Apr 22, 2026
Mar 26, 20214 then
Private funds2 as of Apr 22, 2026
Mar 26, 20211 then
RAUM -6.1% over the last fiscal year-9.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 22, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM 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
$87.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-6.1%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
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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$174M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Q••••••• F•••••• P•••••••• L•Private Equity Fund$99.9M63Mar 30, 2020
      Q•• I•• L•Private Equity Fund$71.4M41Mar 29, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • H••••••• G••••• D•••• · Membercontrol
        since 11/2015 · owns 10% to 25%
      • W••••••• D••••• R••• · Managercontrol
        since 11/2015 · owns 10% to 25%
      • Z••••••• A•••••• S••••• · Manager And Chief Compliance Officercontrol
        since 11/2015 · owns 10% to 25%
      • F•••••••• L•••• A•• · Partnercontrol
        since 12/2011 · owns 25% to 50% of F••••••• F••••• I••••••••• F•••• L•
      • F•••••••• R••••••• L•• · Partnercontrol
        since 12/2011 · owns 25% to 50% of F••••••• F••••• I••••••••• F•••• L•
      • R••••••••• H•••••• E••• · Membercontrol
        since 11/2015 · owns 25% to 50% of Q••••••• M•••••••• I••••••••• L••
      • Y••••• M••••••• D•••• · Trusteecontrol
        since 10/1999 · owns F of T•• W••••••• 2••• T••••
      • Y••••• S•••••• K•• · Trusteecontrol
        since 06/2004 · owns F of S••••• K•• Y•••• I••••••••• T••••
      • S•••••• D••••• •••• · Member
        since 11/2015 · owns less than 5%
      • C••••••••• N•••••••• A•••••• · Member
        since 11/2015 · owns F of Q••••••• M•••••••• I••••••••• L••
      Entity owners
      • M••• C•••• C••••••• L• · Manager
        direct · owns 10% to 25%
      • Q••••••• M•••••••• I••••••••• L•• · Manager
        direct · owns 50% to 75%
      • F••••••• F••••• I••••••••• F•••• L• · Member
        indirect · owns 25% to 50% of Q••••••• M•••••••• I••••••••• L••
      • Q••••••• H•••••••• L••• · Member
        indirect · owns 25% to 50% of Q••••••• M•••••••• I••••••••• L••
      • S••••• K•• Y•••• I••••••••• T•••• · Partner
        indirect · owns 25% to 50% of Q••••••• H•••••••• L•••
      • T•• W••••••• 2••• T•••• · Partner
        indirect · owns 50% to 75% of Q••••••• H•••••••• L•••
      Related persons
      Schedule D 7.A
      • Q•• G• I•• L•
        pooled vehicle sponsorn
      • Q•• I• M••••••••• L••
        pooled vehicle sponsorn
      • Q••••••• F•••••• P••••••• G•• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $186M to $174M
        Mar 13, 2026 to Apr 22, 2026
      • Pooled vehicle RAUM · $186M to $174M
        Mar 13, 2026 to Apr 22, 2026
      • RAUM · $186M to $174M
        Mar 13, 2026 to Apr 22, 2026
      • Accounts · 3 to 2
        Mar 18, 2025 to Mar 13, 2026
      • Advisory employees · 6 to 3
        Mar 18, 2025 to Mar 13, 2026
      • Pooled vehicle clients · 3 to 2
        Mar 18, 2025 to Mar 13, 2026
      • Employees · 8 to 4
        Mar 18, 2025 to Mar 13, 2026
      • Discretionary RAUM · $186M to $186M
        Mar 18, 2025 to Mar 13, 2026
      • Pooled vehicle RAUM · $186M to $186M
        Mar 18, 2025 to Mar 13, 2026
      • RAUM · $186M to $186M
        Mar 18, 2025 to Mar 13, 2026
      • Employees · 6 to 8
        Mar 5, 2024 to Mar 18, 2025
      • Financial planning clients · unset to
        Mar 5, 2024 to Mar 18, 2025
      • Discretionary RAUM · $184M to $186M
        Mar 5, 2024 to Mar 18, 2025
      • Pooled vehicle RAUM · $184M to $186M
        Mar 5, 2024 to Mar 18, 2025
      • RAUM · $184M to $186M
        Mar 5, 2024 to Mar 18, 2025
      • Discretionary RAUM · $235M to $184M
        Mar 9, 2023 to Mar 5, 2024
      • Pooled vehicle RAUM · $235M to $184M
        Mar 9, 2023 to Mar 5, 2024
      • RAUM · $235M to $184M
        Mar 9, 2023 to Mar 5, 2024
      • Assets in custody · 166133215.0 to unset
        Mar 29, 2022 to Mar 3, 2023
      • Custody of client assets · true to false
        Mar 29, 2022 to Mar 3, 2023
      • Discretionary RAUM · $217M to $235M
        Mar 29, 2022 to Mar 3, 2023
      • Pooled vehicle RAUM · $217M to $235M
        Mar 29, 2022 to Mar 3, 2023
      • RAUM · $217M to $235M
        Mar 29, 2022 to Mar 3, 2023
      • Accounts · 2 to 3
        Jun 24, 2021 to Mar 29, 2022
      • Advisory employees · 4 to 6
        Jun 24, 2021 to Mar 29, 2022
      • Pooled vehicle clients · 2 to 3
        Jun 24, 2021 to Mar 29, 2022
      • Assets in custody · unset to 166133215.0
        Jun 24, 2021 to Mar 29, 2022
      • Custody of client assets · false to true
        Jun 24, 2021 to Mar 29, 2022
      • Employees · 4 to 6
        Jun 24, 2021 to Mar 29, 2022
      • Private funds · 1 to 2
        Jun 24, 2021 to Mar 29, 2022
      • Discretionary RAUM · $186M to $217M
        Jun 24, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $186M to $217M
        Jun 24, 2021 to Mar 29, 2022
      • RAUM · $186M to $217M
        Jun 24, 2021 to Mar 29, 2022
      • Discretionary RAUM · $263M to $186M
        Mar 30, 2020 to Mar 26, 2021
      • Pooled vehicle RAUM · $263M to $186M
        Mar 30, 2020 to Mar 26, 2021
      • RAUM · $263M to $186M
        Mar 30, 2020 to Mar 26, 2021
      Signals
      3 dated events
      • Reed David Weinreb (Manager) appeared on Schedule A of Q•• M••••••••• L••
        Mar 26, 2021 · Control person joined · fact
      • David Grant Herlitz (Member) appeared on Schedule A of Q•• M••••••••• L••
        Mar 26, 2021 · Control person joined · fact
      • Q•• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Mar 30, 2020 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      quadrantfinance.comreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      (214) 855-2954reportedpublic record, Form ADV, Apr 22, 2026
      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
      Asset manager (funds and pooled vehicles)deriveda 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