Q3 Asset open-end and exchange-traded products are costlier than similarly distributed funds at other highly-rated asset managers, on average in the second most expensive quintile of category peers. The higher expense profile contributes negatively to the firm's overall stewardship rating and creates a larger performance hurdle. A notable weakness of Q3 Asset is the inexperience of its longest-tenured managers compared with other asset managers. Managing capital through a full market cycle is a challenging prospect for seasoned managers, but with only five years of average asset-weighted tenure, there's cause for concern. Turnover among Q3 Asset portfolio management ranks has been low compared to other firms in the past five years. This stability on the personnel front boosts confidence in its staying power.
Q3 Asset lags peer asset managers in a number of stewardship qualities, resulting in a Below Average Parent Pillar rating.