{
  "crd_number": 288625,
  "slug": "richmond-quantitative-advisors-llc-288625",
  "primary_business_name": "RICHMOND QUANTITATIVE ADVISORS, LLC",
  "legal_name": "RICHMOND QUANTITATIVE ADVISORS, LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-11-13",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 59961973.0,
  "raum_discretionary": 50661973.0,
  "raum_non_discretionary": 9300000.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 4484701.0,
      "count": 28
    },
    "investment_companies": {
      "raum": 31137201.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 21933311.0,
      "count": 16
    },
    "pooled_investment_vehicles": {
      "raum": 2406760.0,
      "count": 1
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "VA"
  ],
  "websites": [
    "https://linkedin.com/company/richmond-quantitative-advisors",
    "https://richmondquant.com",
    "https://x.com/RichmondQuant"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288625",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/richmond-quantitative-advisors-llc-288625",
  "display_name": "Richmond Quantitative Advisors, LLC",
  "summary": "Richmond Quantitative Advisors, LLC is an SEC-registered investment advisory firm, registered since 2024, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Richmond Quantitative Advisors, LLC (CRD 288625): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Richmond Quantitative Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Richmond Quantitative Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Is Richmond Quantitative Advisors, LLC registered with the SEC or a state?",
      "a": "Richmond Quantitative Advisors, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 288625."
    },
    {
      "q": "How much does Richmond Quantitative Advisors, LLC manage?",
      "a": "Richmond Quantitative Advisors, LLC reports $59,961,973 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (84% discretionary)."
    },
    {
      "q": "How have Richmond Quantitative Advisors, LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Richmond Quantitative Advisors, LLC: Regulatory assets under management: $27,839,148 in the October 2025 data and $59,961,973 in the October 2026 data, up 115%. Total employees: 2 in October 2025 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Richmond Quantitative Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (28); high net worth individuals (16); investment companies (1)."
    },
    {
      "q": "Which custodians does Richmond Quantitative Advisors, LLC use?",
      "a": "Richmond Quantitative Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Interactive Brokers LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Richmond Quantitative Advisors, LLC report any disciplinary disclosures?",
      "a": "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/288625"
    },
    {
      "q": "Does Richmond Quantitative Advisors, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"Generally, our minimum account size is $500,000 although this may be waived based on considerations such as the account’s relationship to established clients or other factors.\""
    },
    {
      "q": "What changed in Richmond Quantitative Advisors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $27,839,148 to $59,961,973 (+115%). No longer lists an office in Richmond, VA."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 27839148.0,
      "total_employees": 2,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 59961973.0,
      "total_employees": 2,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $27,839,148 to $59,961,973 (+115%).",
        "No longer lists an office in Richmond, VA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Generally, our minimum account size is $500,000 although this may be waived based on considerations such as the account’s relationship to established clients or other factors."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Generally, our minimum account size is $500,000 although this may be waived based on considerations such as the account’s relationship to established clients or other factors."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/richmond-quantitative-advisors-llc-288625.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 28,
      "fewer_than_5": false,
      "raum": 4484701.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 16,
      "fewer_than_5": false,
      "raum": 21933311.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 31137201.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 2406760.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288625",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}