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Adviser Profile

As of Date 10/25/2024
Adviser Type - Large advisory firm
Number of Employees 12 9.09%
of those in investment advisory functions 12 50.00%
Registration SEC, Approved, 04/30/2020
AUM* 1,573,304,076 40.45%
of that, discretionary 1,573,304,076 40.45%
Private Fund GAV* 95,372,112 33.86%
Avg Account Size 704,254 2.79%
% High Net Worth 67.24% 2.64%
SMA’s Yes
Private Funds 1
Contact Info 212 xxxxxxx
Websites

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
1B 960M 800M 640M 480M 320M 160M
2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$95,372,112

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Brochure Summary

Overview

Since This Brochure provides an overview of the investment advisory services provided by Quent Capital, LLC (“Quent Capital”). Quent Capital is an independent investment adviser registered with the U.S. Securities and Exchange Commission. The firm was founded in 2018 by Gregg S. Fisher. He is the firm’s principal owner, along with the Gregg S. Fisher 2017 Descendants Trusts. Quent Capital provides discretionary investment advisory services on a fee basis. Quent Capital’s annual investment advisory fee shall include investment management and advisory services. As of December 31, 2023, Quent Capital managed approximately $1,377,379,064 of assets on a discretionary basis. Investment Advisory Clients: To commence the investment advisory process, Quent Capital will ascertain each client’s investment objective(s) and then allocate the client’s assets consistent with the client’s designated investment objective(s). Once allocated, Quent Capital provides ongoing supervision of the account(s). Before engaging Quent Capital to provide investment advisory services, clients are required to enter into an Investment Advisory Agreement with Quent Capital setting forth the terms and conditions of the engagement (including termination), describing the scope of the services to be provided, and the fee that is due from the client. Quent Capital primarily recommends that clients allocate investment assets among various individual equity (stocks), mutual funds and/or exchange traded funds (“ETFs”) in accordance with the client’s designated investment objective(s). Once allocated, Quent Capital provides ongoing monitoring and review of account performance, asset allocation and client investment objectives. Quent Capital may provide financial planning and related consulting services matters such as estate planning, tax planning, insurance, etc. Please Note: We do not serve as an attorney, accountant, or insurance agency, and no portion of our services should be construed as same. Accordingly, we do not prepare estate planning documents, tax returns or other similar documents. Affiliated Private Fund. Quent Capital and/or its owners are affiliated with, and provide investment management services to, a private investment fund known as the Quent Long Short Global Small Cap Fund, LP (the “Fund”), which is a private investment fund relying on an exemption from registration under the Investment Company Act of 1940, as amended, the complete description of which (the terms, conditions, risks, conflicts and fees, including incentive compensation) is set forth in the Fund’s offering documents. Quent Capital, on a non-discretionary basis, may recommend that qualified clients consider allocating a portion of their investment assets to the Fund. If a client determines to become an affiliated private fund investor, unless indicated to the contrary, in writing, by Quent Capital, the amount of assets invested in the fund(s)will be included as part of our regulatory assets under management, however, such Fund assets will not be included for purposes of Quent Capital calculating its investment advisory fee per Item 5 below. Quent Capital’s clients are under absolutely no obligation to consider or make an investment in a private investment fund(s). Please Note: Private investment funds generally involve various risk factors, including, but not limited to, potential for complete loss of principal, liquidity constraints and lack of transparency, a complete discussion of which is set forth in each fund’s offering documents, which will be provided to each client for review and consideration. Unlike liquid investments that a client may own, private investment funds do not provide daily liquidity or pricing. Each prospective client investor will be required to complete a Subscription Agreement, pursuant to which the client shall establish that he/she is qualified for investment in the fund, and acknowledges and accepts the various risk factors that are associated with such an investment. Please Also Note: Conflict Of Interest. Because Quent Capital and/or its affiliates can earn compensation from the Fund (i.e., management fees, incentive compensation, etc.) that could generally exceed the fee that Quent Capital would earn under its standard asset-based fee schedule referenced in Item 5 below, the recommendation that a client become a Fund investor presents a conflict of interest. No client is under any obligation to become a Fund investor. Given the conflict of interest, Quent Capital advises that clients consider seeking advice from independent professionals (i.e., attorney, accountant, adviser, etc.) of their choosing prior to becoming a Fund investor. No client is under absolutely any obligation to become a Fund investor. ANY QUESTIONS: Quent Capital’s Chief Compliance Officer, Joshua Seward, remains available to address any questions regarding this conflict of interest. Miscellaneous. To the extent specifically requested, and engaged, by the client to do so, Quent Capital may provide financial planning and or related consulting services regarding matters such as tax and estate planning, insurance, etc. per the terms and conditions of a separate agreement and a separate fee as discussed at Item 5 below, the fee for which shall generally be based upon the individual providing the service and the scope of the services to be provided. Prior to engaging Quent Capital to provide planning or consulting services, clients are generally required to enter into a Financial Planning and Consulting Agreement with us setting forth the terms and conditions of the engagement (including termination), describing the scope of the services to be provided, and the portion of the fee that is due from the client prior to Quent Capital commencing services. We may recommend the services of other professionals for non-investment implementation purposes (i.e. attorneys, accountants, insurance, etc.) including Quent Capital ’s representative as a licensed insurance agent or our affiliated tax service (under common control ), Gerstein Tax Service (“Tax Service”), for tax preparation and accounting-related services. The client is under no obligation to engage the services of any such recommended professional. Please Note-Conflict of Interest: The recommendation that a client purchase an insurance commission product from Quent Capital’s representative in his capacity as an insurance agent, presents a conflict of interest, as the receipt of commissions may provide an incentive to recommend insurance products based on commissions to be received, rather than on a particular client’s need. The fees charged and compensation derived from the sale of such insurance are separate from, and in addition to, Quent Capital’s investment advisory fee. No client is under any obligation to purchase any insurance commission products from Quent Capital’s representative. Clients are reminded that they may purchase insurance products recommended by Quent Capital’s representative through other, non-affiliated, insurance agents. Further, If a client determines to engage Tax Service, he/she does so per the terms and conditions of a separate written agreement between Tax Service and the client, to which Quent Capital is not a party. There is no fee-sharing arrangement between the Tax Service and Quent Capital. The recommendation by Quent Capital that a client engage Tax Service for tax preparation and/or accounting-related services, presents a conflict of interest because Quent Capital’s affiliate will derive additional compensation from such engagement. No client or prospective client is obligated to engage Tax Service. Clients are reminded that they may engage other non-affiliated, providers. Quent Capital will work with the tax professional of the client’s choosing. ANY QUESTIONS: Quent Capital ’s Chief Compliance Officer, Joshua Seward, remains available to address any questions that a client or prospective client may have regarding the above conflicts of interest. If the client engages any recommended unaffiliated professional, and a dispute arises thereafter relative to such engagement, the client agrees to seek recourse exclusively from and against the engaged professional. At all times, the engaged licensed professional(s), (i.e. attorney, accountant, insurance agent, etc.), and not Quent Capital, shall be responsible for the quality and competency of the services provided. It remains the client’s responsibility to promptly notify Quent Capital if there is ever any change in their financial situation or investment objectives for the purpose of reviewing, evaluating or revising Quent Capital’s previous recommendations and/or services. Retirement Rollovers-Potential for Conflict of Interest: A client or prospective client leaving an employer typically has four options regarding an existing retirement plan (and may engage in a combination of these options): (i) leave the money in the former employer’s plan, if permitted, (ii) roll over the assets to the new employer’s plan, if one is available and rollovers are permitted, (iii) roll over to an Individual Retirement Account (“IRA”), or (iv) cash out the account value (which could, depending upon the client’s age, result in adverse tax consequences). If Quent Capital recommends that a client roll over their retirement plan assets into an account to be managed by Quent Capital, such a recommendation creates a conflict of interest if Quent Capital will earn new (or increase its current) compensation as a result of the rollover. If Quent Capital provides a recommendation as to whether a client should engage
in a rollover or not (whether it is from an employer’s plan or an existing IRA), Quent Capital is acting as a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. No client is under any obligation to roll over retirement plan assets to an account managed by Quent Capital, whether it is from an employer’s plan or an existing IRA. Quent Capital’s Chief Compliance Officer, Joshua Seward, remains available to address any questions that a client or prospective client may have regarding the potential for conflict of interest presented by such rollover recommendation. Portfolio Activity. Quent Capital has a fiduciary duty to provide services consistent with the client’s best interest. Quent Capital will review client portfolios on an ongoing basis to determine if any changes are necessary based upon various factors, including, but not limited to, investment performance, market conditions, fund manager tenure, style drift, account additions/withdrawals, and/or a change in the client’s investment objective. Based upon these factors, there may be extended periods of time when Quent Capital determines that changes to a client’s portfolio are neither necessary, nor prudent. Clients remain subject to the fees described in Item 5 below during periods of account inactivity. Independent Managers. Quent Capital may allocate a portion of the client’s investment assets among unaffiliated independent investment managers in accordance with the client’s designated investment objective(s). In such situations, the Independent Manager[s] shall have day-to-day responsibility for the active discretionary management of the allocated assets. Quent Capital shall continue to render investment supervisory services to the client relative to the ongoing monitoring and review of account performance, asset allocation and client investment objectives. Factors that Quent Capital shall consider in recommending Independent Manager[s] include the client’s designated investment objective(s), management style, performance, reputation, financial strength, reporting, pricing, and research. Please Note: The investment management fee charged by the Independent Manager[s] is separate from, and in addition to, Quent Capital’s investment advisory fee disclosed at Item 5 below. Please also note: Quent Capital retains the authority to terminate the independent manager. ANY QUESTIONS: Quent Capital’s Chief Compliance Officer, Joshua Seward, remains available to address any questions that a client or prospective client may have regarding the allocation of account assets to an Independent Manager(s), including the specific additional fee to be charged by such Independent Manager(s). Cybersecurity Risk: The information technology systems and networks that Registrant and its third- party service providers use to provide services to Registrant’s clients employ various controls, which are designed to prevent cybersecurity incidents stemming from intentional or unintentional actions that could cause significant interruptions in Registrant’s operations and result in the unauthorized acquisition or use of clients’ confidential or non-public personal information. Clients and Registrant are nonetheless subject to the risk of cybersecurity incidents that could ultimately cause them to incur losses, including for example: financial losses, cost and reputational damage to respond to regulatory obligations, other costs associated with corrective measures, and loss from damage or interruption to systems. Although Registrant has established its systems to reduce the risk of cybersecurity incidents from coming to fruition, there is no guarantee that these efforts will always be successful, especially considering that Registrant does not directly control the cybersecurity measures and policies employed by third-party service providers. Clients could incur similar adverse consequences resulting from cybersecurity incidents that more directly affect issuers of securities in which those clients invest, broker-dealers, qualified custodians, governmental and other regulatory authorities, exchange and other financial market operators, or other financial institutions. Account Aggregation Platforms: Quent Capital may provide its clients with access to one or more online account aggregation platforms (the “Platforms”).The Platforms allow a client to view their complete asset allocation, including those assets that Quent Capital does not manage (the “Excluded Assets”). Quent Capital does not provide investment management, monitoring, or implementation services for the Excluded Assets. Unless otherwise specifically agreed to, in writing, Quent Capital’s service relative to the Excluded Assets is limited to reporting only. Therefore, Quent Capital shall not be responsible for the investment performance of the Excluded Assets. Rather, the client and/or their adviser(s) that maintain management authority for the Excluded Assets, and not Quent Capital, shall be exclusively responsible for such investment performance. Without limiting the above, Quent Capital shall not be responsible for any implementation error (timing, trading, etc.) relative to the Excluded Assets. The client may choose to engage Quent Capital to manage some or all of the Excluded Assets pursuant to the terms and conditions of an Investment Advisory Agreement between Quent Capital and the client. Certain of these Platforms also provide access to other types of information and applications including financial planning concepts and functionality, which should not, in any manner whatsoever, be construed as services, advice, or recommendations provided by Quent Capital. Finally, Quent Capital shall not be held responsible for any adverse results a client may experience if the client engages in financial planning or other functions available on the Platforms without Quent Capital’s assistance or oversight. Quent Capital may purchase structured notes for client accounts. A structured note is a financial instrument that combines two elements, a debt security and exposure to an underlying asset or assets. It is essentially a note, carrying counter party risk of the issuer. However, the return on the note is linked to the return of an underlying asset or assets (such as the S&P 500 Index or commodities). It is this latter feature that makes structured products unique, as the payout can be used to provide some degree of principal protection, leveraged returns (but usually with some cap on the maximum return), and be tailored to a specific market or economic view. In addition, investors may receive long-term capital gains tax treatment if certain underlying conditions are met and the note is held for more than one year. Finally, structured notes may also have liquidity constraints, such that the sale thereof before maturity may be limited. See additional disclosure at Item 8 below. In the event that the client seeks to prohibit or limit the purchase of structured notes for the client’s account, the client can do so, in writing, addressed to Quent Capital’s Chief Compliance Officer. Cash Positions. Quent Capital continues to treat cash as an asset class. As such, unless determined to the contrary by Quent Capital, all cash positions (money markets, etc.) shall continue to be included as part of assets under management for purposes of calculating Quent Capital’s advisory fee. At any specific point in time, depending upon perceived or anticipated market conditions/events (there being no guarantee that such anticipated market conditions/events will occur), Quent Capital may maintain cash positions for defensive purposes. In addition, while assets are maintained in cash, such amounts could miss market advances. Depending upon current yields, at any point in time, Quent Capital’s advisory fee could exceed the interest paid by the client’s money market fund. Investment Risk. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended or undertaken by Quent Capital) will be profitable or equal any specific performance level(s). Client Obligations. In performing its services, Quent Capital shall not be required to verify any information received from the client or from the client’s other professionals and is expressly authorized to rely thereon. Moreover, it remains each client’s responsibility to promptly notify Quent Capital if there is ever any change in his/her/its financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services. Disclosure Statement. A copy of Quent Capital’s written Brochure and Client Relationship Summary, as set forth on Part 2 of Form ADV and Form CRS respectively, shall be provided to each client prior to the execution of any advisory agreement. Quent Capital shall provide investment advisory services specific to the needs of each client. Prior to providing investment advisory services, an investment adviser representative will ascertain each client’s investment objective(s). Thereafter, Quent Capital shall allocate and/or recommend that the client allocate investment assets consistent with the designated investment objective(s). The client may, at any time, impose reasonable restrictions, in writing, on Quent Capital’s services. Quent Capital does not participate in a wrap fee program.