Qp Global Family Offices, LLC (New York)


Qp Global Family Offices, LLC is a large advisory firm based in New York. It manages $337.29 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2018.

Qp Global Family Offices provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Qp Global Family Offices: assets under management

The assets under management (AUM) of Qp Global Family Offices, LLC is $337.29 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in state and local bonds the most. They account for 29% of the total AUM. The second-largest asset type is other assets, which make up 26% of the firm’s portfolio. Investments in pooled investment vehicles form 15% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Qp Global Family Offices, LLC for their services and products based on fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Qp Global Family Offices serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of Qp Global Family Offices is charitable organizations with 1 clients and $195.57 million of assets under management. Among the 12 most similar advisory firms, Qp Global Family Offices has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $337.29 million for 5 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.

Qp Global Family Offices doesn't advise any private funds.

Careers at Qp Global Family Offices, LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Qp Global Family Offices, LLC is owned by Alexander Louis Herman. Brenden Paul Macmillian has served as the Chief Investment Officer since 1 Dec 2017 and Peter Sanford Pauley is the Chief Executive Officer of Qp Global Family Offices, LLC family office. Timothy Stephen Hall joined the executive team most recently as the Family Office President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Henry Ward Chief operating officer - chief compliance officer 1 Dec 2017 25% - 50% 1926036
Peter Sanford Pauley Chief executive officer 1 Dec 2017 25% - 50% 5458699
Brenden Paul Macmillian Chief investment officer 1 Dec 2017 25% - 50% 2784162
Patrick Grace Chief philanthropy & social impact officer 1 Dec 2017 Other 6928419
Michael James Warren Chairman of the board 1 Sep 2018 Other 1996002
Timothy Stephen Hall Family office president 1 Jun 2019 Other 4391230
Alexander Louis Herman Owner 1 Jun 2019 Other 5370707

Based in New York

The principal office where Qp Global Family Offices, LLC performs its advisory services is located at 150 East 52 Nd Street, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-828-8885. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at qp-global.com.