Richmond Quantitative Advisors, LLC logo

Richmond Quantitative Advisors, LLC

Updated today

Client assets under management

$26,418,012

Clients

44

36% high-net worth

Advisors

2

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

22

Low

Average account size

$600,409

About

Richmond Quantitative Advisors provides discretionary portfolio management and financial advisory services to individuals (including high‑net‑worth clients) and institutional investors, and also serves as an investment manager to private pooled vehicles and as a sub‑adviser to registered investment companies. Its client services include separately managed accounts, model delivery to third‑party advisers, financial planning, quantitative research and digital asset portfolio management.

The firm’s investment approach is primarily quantitative and data‑driven, deploying tactical, dynamically managed models across ETFs, index funds, U.S. equities and related exchange‑traded option contracts; strategies are managed at the model level and reallocated at regular intervals. RQA generally operates with discretionary trading authority, documents client objectives in Investment Policy Statements, and offers research and consulting services that incorporate quantitative techniques and machine learning methods.

Distinctive aspects of the firm include acting as adviser and portfolio manager to a private fund (New Core Quantitative, L.P.), serving as a mutual fund sub‑adviser, and managing pooled investment vehicles — arrangements for which it may charge performance‑based fees and that create side‑by‑side management considerations. The firm also offers direct cryptocurrency/digital‑asset management (custodied at Gemini), reports substantially more assets under advisement than discretionary AUM due to model delivery and sub‑advisory work, requires clients to use a specified broker‑dealer/custodian, and does not aggregate block trades across client accounts.

Client services

Financial planning Portfolio management

Expertise

Options & derivatives strategies Passive / index investing Active portfolio management

Fee options

Fixed

Fixed project-based fees for financial planning and research-related services, amounts vary by engagement

Percentage

$0+: up to 1.25% annually for SMA, model delivery, and financial advisory services (negotiable) $0+: up to 2.00% annually for cryptocurrency and digital asset advisory and portfolio management services (maximum) $0+: 1.50% annually plus 15% performance fee based on capital appreciation for pooled investment vehicles and affiliate private funds $0+: 0.00% annually plus up to 20% performance fee based on capital appreciation for certain separately managed accounts (SMAs)

Project-based

$250 per hour for investment research and consulting services

Performance-based

15% performance fee for pooled investment vehicles and affiliate private funds; up to 20% performance fee for certain SMAs based on capital appreciation

Other

Account minimum: $500,000 Fee-only: Hourly fees of $250 per hour for research and consulting services, fixed project-based fees may also be arranged

Main office location

Richmond Quantitative Advisors, LLC

Richmond VA, United States

Number of offices

1

Most active in

Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

John E

CFA®, Series 66

Richmond, VA

Richmond Quantitative Advisors, LLC

John Ellison is a CFA® charterholder and holds a Series 66 license with 14 years of industry experience. He has worked at Richmond Quantitative Advisors, LLC since 2017 and previously at MCMG Capital Advisors, Inc. from 2015 to 2017. Ellison is also a member of New Core Investment Partners, LLC, the general partner of New Core Quantitative, LP. Richmond Quantitative Advisors, LLC provides discretionary portfolio management, model delivery, and financial advisory services to individuals, institutions, pooled investment vehicles, and registered investment companies. The firm employs a quantitative, data-driven investment process with tactical, dynamically rebalanced models and offers cryptocurrency portfolio management alongside traditional asset management services.

Options & derivatives strategies Passive / index investing Active portfolio management
user avatar

Andrew H

Series 63, Series 65

Richmond, VA

Richmond Quantitative Advisors, LLC

Andrew Holpe is a financial advisor at Richmond Quantitative Advisors, LLC with 13 years of industry experience. He holds Series 63 and Series 65 designations and previously worked at KPMG LLP and KPMG Corporate Finance LLC. He is also a general partner of New Core Investment Partners, LLC, which manages the New Core Quantitative, LP fund. Richmond Quantitative Advisors provides discretionary portfolio management, model delivery, and financial advisory services to individuals, institutions, pooled investment vehicles, and registered investment companies. The firm employs a quantitative, data-driven investment approach with tactical, dynamically rebalanced models and offers specialized services including cryptocurrency portfolio management and consulting on portfolio optimization and machine learning methods.

Options & derivatives strategies Passive / index investing Active portfolio management
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