Quest Capital Management, Inc. (Dallas)


Quest Capital Management, Inc. is a large advisory firm based in Dallas. It manages $952.83 million of regulatory assets for 1,793 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arkansas, California, Colorado, and 7 other states.

Quest Capital Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Quest Capital Management: assets under management

The assets under management (AUM) of Quest Capital Management, Inc. is $952.83 million. The firm's AUM has grown by 132% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $825 million in discretionary accounts and $127.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $517.89 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $639.16 thousand.
Quest Capital Management has custody of $23.39 million in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is exchange traded securities, which make up 6% of the firm’s portfolio. Investments in other assets form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Quest Capital Management, Inc. for their services and products based on a percentage of assets under management, fixed fees, and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kalita Beck Blessing serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Kalita Beck Blessing is high net worth individuals with 249 clients and $839.21 million of assets under management. Among the 10 most similar advisory firms, Quest Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $952.83 million for 537 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Quest Capital Management doesn't advise any private funds.

Careers at Quest Capital Management, Inc.

The company employs 21 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Kalita Beck Blessing has been acting as President since 1 Jan 2011. Larry Chandler Ferguson joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Glenda Diane Kemple Principal 1 Jan 1988 25% - 50% 1040451
Earl Woodford Young Principal 1 Jan 1988 25% - 50% 1286095
Mary Helen Durie Shareholder / employee 1 Mar 1988 Other 2020763
Terry Ross Pender Exec. vice president 1 Mar 1997 Other 2881507
Kalita Hardin Mccarthy Shareholder / employee 1 Jul 1999 Other 2355634
Kalita Hardin Mccarthy Shareholder / employee 1 Jan 2003 Other 2355634
Robert Allen Cox Director on board 1 Jan 2003 Other 2529746
Viktor Szucs Director of business development 1 Jan 2003 Other 2424289
Kalita Beck Blessing Director / shareholder / employee 1 Jan 2003 Other 2355634
Christopher Scott Young Director / shareholder / employee 1 Dec 2006 Other 2799053
Mary Helen Durie Vice president/shareholder / employee 1 Jan 2011 25% - 50% 2020763
Kalita Beck Blessing President/director / shareholder / employee 1 Jan 2011 50% - 75% 2355634
Christopher Scott Young Treasurer/chief compliance officer/director / shareholder 1 Jan 2011 Other 2799053
Carl Joseph Kunhardt Secretary/shareholder / employee 1 Jan 2011 Other 2553325
Dennis Joe Moore Executive manager 1 Jan 2011 Other 4845675
Robert Allen Cox Shareholder/vice president 1 Mar 2014 Other 2529746
Dennis Joe Moore Chief operating officer 1 Mar 2015 Other 4845675
Larry Chandler Ferguson Shareholder 1 Dec 2016 Other 4280817

Based in Dallas

The principal office where Quest Capital Management, Inc. performs its advisory services is located at 8117 Preston Road, Suite 700, Dallas, TX 75225, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-691-6090 or by fax 214-691-7240. The normal business hours are mon-thur 8:30 am - 5:30 pm fri- 8:30am-4:00pm on Monday - Friday. You can find more information about the New York firm at questadvisor.com.