Firm Overview
Naviquant Capital Management LLC is a limited liability
company formed under the laws of the State of Oregon, doing
business under the trade name Naviquant. Naviquant became
registered as a registered investment adviser with the United
States Securities and Exchange Commission in 2023. Jocelyn
Servignat and Ryan Coleman are the firm’s owners, Principal
Partners and Investment Adviser Representatives.
Services
Financial Planning Services
Our Financial Planning Services involve an evaluation of your
current financial circumstances and future projections by
using currently known variables to predict future cash flows,
asset values, and withdrawal plans. We will guide you through
a process to establish your investment goals and objectives.
You will be required to provide information as necessary to
help us analyze your current financial situation, desired goals,
and anticipated future needs. You will receive a written or an
electronic report, providing you with a detailed financial plan
designed to achieve your stated financial goals and objectives.
We will provide analysis and recommendations regarding
specific topics, which may include any or all of the following,
depending on your specific needs:
• Cash Flow and Debt Management
• Investment Analysis
• Retirement Planning
• Business Planning
• Education Planning
• Risk Management
• Estate Planning
• Tax Strategies
• Charitable Planning
We base our financial plans on the information you provide to
us. Inaccurate or incomplete information may result in an
inaccurate or incomplete financial plan. To create a financial
plan, we must make certain assumptions with respect to
interest and inflation rates, past trends, and future projections
of the performance of the market and economy. Past
performance is no indication of future performance, and we
cannot offer any guarantees or promises that your goals and
objectives will be met. Changes to your personal financial
circumstances, goals, or objectives may cause your financial
plan to become inaccurate and out of date. We recommend
you notify us promptly of any changes so your plan can be
updated.
If you engage our Asset Management Services, you will
receive our Financial Planning Services on an ongoing basis for
no additional fee. We use the information provided by you in
the financial planning process to formulate our investment
recommendations for your investment portfolio. As your
financial circumstances change, we will work with you to
update your financial plan as needed and adjust your
investment portfolio as necessary.
Financial Planning Services are provided on a non-
discretionary basis. This means you have the option to
implement any of the recommendations made in the financial
plan. You are not obligated to implement any financial
planning recommendations made by us. Although the
financial plan may consider your tax situation or estate plan,
we do not provide tax or legal advice. We recommend you
work closely with your attorney, accountant, or other
investment professionals in implementing your plan. We are
happy to work with your professionals to coordinate your
financial plan with your estate planning and tax planning.
In some cases, your financial plan may include a
recommendation to purchase an insurance product. Some of
our investment adviser representatives are also licensed
insurance agents. If you choose to purchase a recommended
insurance product through your investment adviser
representative who is a licensed insurance agent, he or she will
earn a commission on products purchased. You are not
obligated to purchase insurance products through our
investment adviser representatives; you may choose to
purchase insurance products through any licensed agent.
Project-Based Financial Plan. If you do not receive our Asset
Management Services, you may engage our Financial
Planning Services on a project basis for a one-time financial
plan. You will receive a written or an electronic report,
providing you with a detailed financial plan designed to
achieve your stated financial goals and objectives. We will
provide analysis and recommendations regarding specific
topics, which may include any or all of the topics described
above, depending on your specific needs. For Project-Based
Financial Plans, we do not provide ongoing review or updates
of your financial plan. Individuals who engage us for a Project-
Based Financial Plan may implement any investment
recommendations on your own. We do not have any control
over the timing or accuracy of any transactions executed by
you.
Asset Management Services
With our Asset Management Services, we create an
investment portfolio for you tailored to your specific needs.
Your investment portfolio includes your brokerage accounts
held by a qualified custodian for which you have appointed us
as your investment adviser of record.
We work with you to determine an appropriate investment
strategy designed to meet your investment goals and
objectives. Based on this investment strategy, we assign an
investment portfolio designed to meet your specific needs
and financial circumstances. Once your investment portfolio
has been created, we will review the portfolio at least monthly
and, if necessary, rebalance the portfolio based upon your
investment objectives.
We assign your investment strategy based on the information
you provide to us. Inaccurate or incomplete information may
result in an inappropriate investment portfolio. Past
performance is no indication of future performance, and we
cannot offer any guarantees or promises that your goals and
objectives will be met. Changes to your personal financial
circumstances, goals, or objectives may cause your
investment strategy to become inaccurate and out of date.
We recommend you notify us promptly of any changes so your
investment portfolio can be updated, if necessary.
We will provide our Asset Management Services on a
discretionary basis. This means we are not required to give
you advance notice or to seek your consent for any changes to
your portfolio. Although you retain ownership and control
over your investment account, we ask that you refrain from
conducting transactions in the account without first notifying
us. Please coordinate with us on any anticipated deposits or
withdrawals so we can ensure your investment strategy is
maintained.
We generally employ a mix of momentum strategy based on
our quantitative model and long-term buy-and-hold passive
investment strategies. You may impose reasonable
restrictions on investing in certain types of securities.
We typically will recommend mutual funds, exchange-traded
funds (ETFs), stocks and bonds for your investment portfolio,
but may also recommend other types of investments when
appropriate based on your circumstances. See Item 8 –
Methods of Analysis, Investment Strategies and Risk of
Loss for additional information on our asset management
practices.
We tailor our advisory services to your individual needs. We
will conduct an initial interview and data gathering process to
determine your financial situation and investment objectives.
We provide our advisory services consistent with your
investment objectives and with our fiduciary duty to you.
You may request reasonable restrictions on investing in
certain securities, types of securities, or industry sectors. We
will make a reasonable attempt to honor any reasonable
restrictions you request, but in the case of pooled investment
vehicles such as mutual funds or ETFs where underlying
holdings change frequently, we cannot guarantee restrictions
will always be enforced. In addition, such restrictions may
cause us to deviate from the investment decisions we would
otherwise make in managing your account. In some cases, we
may not be able to accommodate restrictions if they do not
allow us to manage your portfolio in a prudent manner. You
may also impose reasonable restrictions upon certain
securities or types of securities in your account.
We will contact or attempt to contact you annually to confirm
if there have been any changes in your financial situation or
investment objectives, or determine if you wish to impose or
modify account restrictions.
Because our advisory services are based on your specific
financial circumstances, you are urged to promptly notify us
any time you experience changes to your financial
circumstances, so we can determine if any changes to your
investment strategy or our recommendations are necessary.
Retirement Plan Consulting Services
Our Retirement Plan Services include consulting and advisory
services designed to assist plan sponsors and participants of
employer-sponsored qualified retirement plans. These
services may be provided on a one-time or ongoing basis.
All Retirement Plan Services will be provided in compliance
with the applicable state and federal regulations, including
the Employee Retirement Income Security Act of 1974, as
amended (“ERISA”). With respect to assets that are part of an
ERISA plan, we accept appointments to provide our services
to such accounts, we acknowledge our fiduciary role within
the meaning of Section 3(21) of ERISA, but only with respect
to the provision of services described in the advisory
agreement. We do not assume the duties of or accept
appointment as a trustee or plan administrator as defined in
ERISA Section 3(16), or as a discretionary investment
manager as defined in ERISA Section 3(38).
Retirement Plan Consulting Services may include the services
described below, as agreed upon between us and the plan
sponsor.
Administrative Support
• Assist plan sponsor in reviewing objectives and options
available in the plan.
• Review plan committee structure and administrative
policies and procedures.
• Recommend participant education and communications
policies under ERISA Section 404(c).
• Assist with development and maintenance of fiduciary
audit file and document retention policies.
• Deliver fiduciary training and education periodically or
upon reasonable request.
• Coordinate and reconcile participant disclosures under
404(a)(5).
• Develop requirements for responding to participant
requests.
Oversight of Relationship with Service Provider
• Assist fiduciaries with process to select, monitor and
replace service providers.
• Assist fiduciaries with review of Covered Service Providers
(CSP) disclosures under ERISA 408(b)(2) and fee
benchmarking.
• Provide reports and/or information designed to assist with
monitoring CSPs.
• Review ERISA Spending Accounts or Plan Expense
Recapture Accounts (PERA).
• Assist with preparation and review of Requests for
Proposals (RFPs) and/or Requests for Information (RFIs).
• Coordinate and assist with CSP replacement and
conversion.
Investments
• Periodic review of investment policy in the context of plan
objectives.
• Assist the plan committee with monitoring investment
performance.
• Provide analysis of investment managers and model
portfolios.
• Review and recommend Designated Investment Managers
(DIMs) and or third-party advice providers as necessary.
• Educate plan committee members, as needed, regarding
replacement of Designated Investment Alternatives (DIAs)
and/or Qualified Default Investment Alternatives (QDIAs).
Participant Services
• Facilitate group enrollment meetings.
• Coordinate employee education regarding plan
investments and fees.
• Assist plan participants in understanding plan benefits,
retirement readiness, and impact of increasing deferrals.
Participant Consulting Services
The Participant Services described above are generally
considered informational and educational only. Services to
participants may include information about the plan, general
financial and investment information, and/or generalized
asset allocation models, but will not address the
appropriateness for any individual investment option or
model for any particular participant. However, participants
may separately engage us for Participant Consulting Services
to receive advice and recommendations regarding
investments in the participant’s retirement account. Our
recommendations are provided solely with respect to plan
assets. We do not provide advice or recommendations
regarding any assets held outside of the plan and we do not
provide advice regarding securities issued by the participant’s
employer.
Investment Fiduciary Services
Plan sponsors may also elect Investment Fiduciary Services
for their plans. We provide Investment Fiduciary Services
either on a discretionary or non-discretionary basis. With non-
discretionary Investment Fiduciary Services, we act in the
capacity of a fiduciary as defined in ERISA Section 3(21),
making recommendations with regard to the plan, but the
plan sponsor retains the discretion to accept, reject, or modify
any of our recommendations. With discretionary Investment
Fiduciary Services, the plan sponsor appoints us as a
discretionary investment manager as defined in ERISA
Section 3(38), and we have discretion to make decisions
regarding plan assets. Investment Fiduciary Services include
advice regarding the following:
Non-Discretionary 3(21) Investment Fiduciary Services
• Assistance with the review or development of an
Investment Policy Statement (IPS).
• Recommendations regarding the selection of Designated
Investment Alternatives (DIAs) to be offered to participants
and Qualified Default Investment Alternatives (QDIAs).
• Recommendations regarding the selection of investment
managers available to the plan.
• Ongoing monitoring of DIAs, QDIAs, and investment
managers, once selected by the plan sponsor.
Discretionary 3(38) Investment Fiduciary Services
• Development of an IPS.
• Selection, monitoring, and replacement of DIAs and
QDIAs.
• Creation and maintenance of model asset allocation
portfolios (Models).
Educational Workshops and Seminars
We may host educational seminars, or may participate in
educational seminars hosted by other entities or
organizations. Events may be in-person or virtual
presentations featuring one or more of our qualified
professionals as a speaker, providing content of an
educational and informational nature, but will not include
specific individualized advice. Content may include electronic
visual aids, brochures, or other materials. The topic of the
presentation will be agreed upon between us and the
organizer of the event, but generally will cover subjects
relating to personal finance, financial planning, and investing.
Content will be appropriate for the knowledge and
sophistication of the audience, as defined by the event
organizer.
Wrap Fee Program
We do not participate in a wrap fee program.
Assets Under Management
As of December 31, 2023, we had $161,474,000 in assets
managed on a discretionary basis and $0 assets managed on
a non-discretionary basis. This section will be updated on at
least an annual basis to reflect our assets under management
as of December 31 of each year, or more frequently if material
changes occur with regard to the assets we manage.