# MQS Management, LLC

> MQS Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 161238
- Filed as: MQS MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161238
- AdvisorCensus page: https://advisorcensus.com/firm/mqs-management-llc-new-york-ny-161238

## Quick answers

**How is MQS Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), MQS Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does MQS Management, LLC charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is MQS Management, LLC located?**
MQS Management, LLC's principal office is in New York, NY, according to its Form ADV.

**Is MQS Management, LLC registered with the SEC or a state?**
MQS Management, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161238.

**How much does MQS Management, LLC manage?**
MQS Management, LLC reports $299,356,808 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have MQS Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for MQS Management, LLC: Regulatory assets under management: $403,521,477 in the October 2021 data and $299,356,808 in the October 2026 data, down 26%. Total employees: 20 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MQS Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does MQS Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161238

**What changed in MQS Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $130,042,949 to $299,356,808 (+130%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Asset-based fee: 2% of assets a year

> MQS typically receives a quarterly management fee calculated at the annual rate of 2% per annum of each limited partner’s capital account in MQS Onshore, which is paid quarterly in advance

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $299,356,808
- Discretionary: $299,356,808
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $299,356,808 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2012 (14 years)
- Employees: 18 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- mqsmanagement.com
- LinkedIn @mqs-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $403,521,477 | 20 | March 29, 2021 |
| October 2022 | $459,144,683 | 21 | March 28, 2022 |
| October 2023 | $370,839,433 | 19 | March 31, 2023 |
| October 2024 | $336,892,829 | 19 | March 28, 2024 |
| October 2025 | $130,042,949 | 19 | March 26, 2025 |
| October 2026 | $299,356,808 | 18 | March 30, 2026 |

Regulatory assets under management: $403,521,477 in the October 2021 data and $299,356,808 in the October 2026 data, down 26%.
Total employees: 20 in October 2021 and 18 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $130,042,949 to $299,356,808 (+130%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MQS Management, LLC (CRD 161238): Form ADV filing data as of October 2026.