Fees and Compensation — Form ADV Part 2A (4/10/2026)
[Brochure]
Item 5 – Fees and Compensation
For investment management services, Quantum charges clients an annual asset-based fee based on a
percentage of assets in the client’s account. Annual fees range from 0.70 to 1.50% annually, and are
negotiated based on type of account, level of service provided, and other account related factors. Fees
are calculated and paid in advance at the beginning of each quarter according to the opening balance in
the clients account on the first business day after the end of each quarter. Fees are generally collected
through automatic withdrawal from the client's account. In other words, 0.25% of the value of each
client’s account is withdrawn and paid to Quantum every three months for an account charged 1%.
Fees for partial quarters are subject to prorated adjustments at the firm’s discretion based on the number
of days assets are under management (e.g. new accounts, terminated accounts, cash inflows into
existing accounts, cash outflows from an existing account, etc.) In the event a client wishes to terminate
advisory service before the end of a quarterly billing period, any un-earned advisory fee paid in
advance will be prorated and refunded upon termination to the corresponding client account in which
the client terminated services.
Clients are responsible for any account related fees, charges, or commissions charged by the custodian
or any other outside party.
For management of the pooled fund, Quantum charges a quarterly asset based fee based on a
percentage of assets in the fund plus a performance incentive fee if performance exceeds a specific
hurdle rate. Fees are negotiated with each fund on a case by case basis. The annual rate of the base fee
is 1% for Octopus LP. Details about base and performance fees are found in the fund’s Private
Placement Memorandum.
Account Minimums and Types of Clients — Form ADV Part 2A (4/10/2026)
[Brochure]
Item 7 – Types of Clients
Although Quantum has a pooled fund as a client, most clients are individual investors holding qualified
and/or non-qualified accounts. However, our client list also includes family trusts, corporations,
foundations, and business entities. The firm does not require minimum assets to open and/or maintain
an account but reserves the right to decline certain engagements.