{
  "crd_number": 310355,
  "slug": "v-square-quantitative-management-chicago-il-310355",
  "primary_business_name": "V-SQUARE QUANTITATIVE MANAGEMENT",
  "legal_name": "V-SQUARE QUANTITATIVE MANAGEMENT LLC",
  "dbas": [],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-11-27",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-06",
  "carried_forward": false,
  "raum_total": 1416565556.0,
  "raum_discretionary": 1416565556.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 5,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 38755355.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 1377810201.0,
      "count": 48
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "IL"
  ],
  "websites": [
    "https://instagram.com/VSharesETF",
    "https://instagram.com/vsquant",
    "https://linkedin.com/company/vsquant",
    "https://twitter.com/VSharesETF",
    "https://twitter.com/vsquant",
    "https://v-shares.com",
    "https://vsqm.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/310355",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/v-square-quantitative-management-chicago-il-310355",
  "display_name": "V-Square Quantitative Management",
  "summary": "V-Square Quantitative Management is an SEC-registered investment advisory firm in Chicago, IL, registered since 2020, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 6, 2026.",
  "citation": "AdvisorCensus. V-Square Quantitative Management (CRD 310355): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is V-Square Quantitative Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), V-Square Quantitative Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is V-Square Quantitative Management located?",
      "a": "V-Square Quantitative Management's principal office is in Chicago, IL, according to its Form ADV."
    },
    {
      "q": "Is V-Square Quantitative Management registered with the SEC or a state?",
      "a": "V-Square Quantitative Management is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 310355."
    },
    {
      "q": "How much does V-Square Quantitative Management manage?",
      "a": "V-Square Quantitative Management reports $1,416,565,556 in regulatory assets under management in its Form ADV filing dated March 6, 2026 (100% discretionary)."
    },
    {
      "q": "How have V-Square Quantitative Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for V-Square Quantitative Management: Regulatory assets under management: $4,343,168 in the October 2021 data and $1,416,565,556 in the October 2026 data, up 32516%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does V-Square Quantitative Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (48); investment companies (1)."
    },
    {
      "q": "Which custodians does V-Square Quantitative Management use?",
      "a": "V-Square Quantitative Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon Capital Markets, LLC, Charles Schwab & Co., Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Pershing Advisor Solutions LLC, The Northern Trust Company and U.S. Bancorp Advisors, LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does V-Square Quantitative Management 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/310355"
    },
    {
      "q": "Does V-Square Quantitative Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 6, 2026 says: \"New accounts are typically subject to a five hundred thousand dollar ($500,000) minimum market value at inception . The adviser, in its sole discretion, may waive or reduce this minimum based upon various criteria\""
    },
    {
      "q": "What changed in V-Square Quantitative Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $1,171,410,205 to $1,416,565,556 (+21%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 4343168.0,
      "total_employees": 5,
      "filing_date": "2021-07-07"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 122740914.0,
      "total_employees": 4,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 337915074.0,
      "total_employees": 4,
      "filing_date": "2023-09-26"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 883438485.0,
      "total_employees": 4,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1171410205.0,
      "total_employees": 5,
      "filing_date": "2025-05-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1416565556.0,
      "total_employees": 5,
      "filing_date": "2026-03-06"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,171,410,205 to $1,416,565,556 (+21%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 6, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "New accounts are typically subject to a five hundred thousand dollar ($500,000) minimum market value at inception . The adviser, in its sole discretion, may waive or reduce this minimum based upon various criteria"
        ]
      }
    ],
    "quotes": [
      "New accounts are typically subject to a five hundred thousand dollar ($500,000) minimum market value at inception . The adviser, in its sole discretion, may waive or reduce this minimum based upon various criteria"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "BNY Mellon Capital Markets, LLC",
      "name_as_filed": "BNY MELLON CAPITAL MARKETS, LLC",
      "affiliated": false
    },
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Goldman Sachs & Co. LLC",
      "name_as_filed": "GOLDMAN SACHS & CO. LLC",
      "affiliated": false
    },
    {
      "name": "J.P. Morgan Securities LLC",
      "name_as_filed": "J.P. MORGAN SECURITIES LLC",
      "affiliated": false
    },
    {
      "name": "Pershing Advisor Solutions LLC",
      "name_as_filed": "PERSHING ADVISOR SOLUTIONS LLC",
      "affiliated": false
    },
    {
      "name": "The Northern Trust Company",
      "name_as_filed": "THE NORTHERN TRUST COMPANY",
      "affiliated": false
    },
    {
      "name": "U.S. Bancorp Advisors, LLC",
      "name_as_filed": "U.S. BANCORP ADVISORS, 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/v-square-quantitative-management-chicago-il-310355.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 48,
      "fewer_than_5": false,
      "raum": 1377810201.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 38755355.0
    }
  ],
  "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/310355",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}