Q3 Asset Management Corporation (Birmingham)


Q3 Asset Management Corporation is a large advisory firm based in Birmingham. It manages $374.99 million of regulatory assets for 8,069 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, Arkansas, California, and 23 other states.

Q3 Asset Management Corporation provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, publication of newsletters, market timing services, and consultation services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Q3 Asset Management Corporation: assets under management

The assets under management (AUM) of Q3 Asset Management Corporation is $374.99 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1384% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $374.99 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $46.47 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 18% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Q3 Asset Management Corporation for their services and products based on a percentage of assets under management, hourly charges, subscription fees, and performance-based fees. Subscribers pay a regular fee for the advisory firm’s newsletter or periodical. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Q3 Asset Management Corporation serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Q3 Asset Management Corporation is individuals with 8,054 clients and $353.09 million of assets under management. Among the 7 most similar advisory firms, Q3 Asset Management Corporation has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $374.99 million for 8,069 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Q3 Asset Management Corporation doesn't advise any private funds.

Careers at Q3 Asset Management Corporation

The company employs 12 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There are 100 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Bradford Nicholas Giaimo President and chief compliance officer 1 Nov 2005 25% - 50% 3069945
Bradford N Giaimo President and chief compliance officer 1 Nov 2005 75% - 100% 3069945
Adam Robert Quiring Vice president 1 May 2010 25% - 50% 3235270
Fadi Nona Director of national sales 1 Mar 2011 25% - 50% 3260629

Based in Birmingham

The principal office where Q3 Asset Management Corporation performs its advisory services is located at 2175 Cole Street, Birmingham, MI 48009, which is also the mailing address of the firm. An additional office of the firm is in Tampa, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (248) 566-1122 or by fax (888) 439-2572. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at q3tactical.com.