# QIC

> QIC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 25, 2026.

- CRD: 161705
- Legal name: QIC US Investment Services Inc
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161705
- AdvisorCensus page: https://advisorcensus.com/firm/qic-new-york-ny-161705

## Quick answers

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

**Where is QIC located?**
QIC's principal office is in New York, NY, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is QIC registered with the SEC or a state?**
QIC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161705.

**How much does QIC manage?**
QIC reports $7,781,057,459 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (38% discretionary).

**How have QIC's assets and staff changed since 2021?**
In the Form ADV data for QIC: Regulatory assets under management: $1,601,177,270 in the October 2021 data and $7,781,057,459 in the October 2026 data, up 386%. Total employees: 15 in October 2021 and 28 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does QIC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (21).

**Does QIC report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161705

**What changed in QIC's recent Form ADV filings?**
In the October 2026 filing data: Its Item 11 disclosure answers changed. Employees performing advisory functions went from 22 to 20.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $7,781,057,459
- Discretionary: $2,960,552,752
- Non-discretionary: $4,820,504,707

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 21 | $7,781,057,459 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 28 total, 20 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161705

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- qic.com
- LinkedIn @qic

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,601,177,270 | 15 | September 30, 2021 |
| October 2022 | $1,696,389,709 | 21 | September 29, 2022 |
| October 2023 | $2,186,135,653 | 25 | September 28, 2023 |
| October 2024 | $6,300,758,538 | 24 | September 30, 2024 |
| October 2025 | $6,300,758,538 | 24 | December 2, 2024 |
| October 2026 | $7,781,057,459 | 28 | September 25, 2026 |

Regulatory assets under management: $1,601,177,270 in the October 2021 data and $7,781,057,459 in the October 2026 data, up 386%.
Total employees: 15 in October 2021 and 28 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Its Item 11 disclosure answers changed.
- Employees performing advisory functions went from 22 to 20.

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Updated its list of owners and control persons (Schedule A).

### January 2026
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Item 11 disclosure answers changed: 1 yes answer, previously 0 (now yes: 11.D(2)).
- Employees performing advisory functions went from 16 to 22.
- Regulatory assets under management went from $6,300,758,538 to $7,524,366,517 (+19%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. QIC (CRD 161705): Form ADV filing data as of October 2026.