# Midwest Asset Management

Midwest Asset Management is an Asset Manager based in Middleton, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Middleton, United States
- **Region:** North America
- **Address:** 8383 Greenway Blvd., Suite 600, Middleton, WI 53562, United States
- **Founded:** 1987
- **Assets under management:** Undisclosed
- **Website:** quantmanagement.com
- **LinkedIn:** https://www.linkedin.com/company/midwestasset

## Regulatory record

- **CRD number:** 113282
- **Registration status:** Registered
- **Latest Form ADV filing:** 2026-03-30T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/113282

## About

Midwest Asset Management, Inc. is a for-profit registered investment adviser and consultant, and for-profit impact investing is included. Quantitative portfolio management is its only business. The firm focuses on objective investing, fair fees, and a simplified process for high-net-worth/trusts-estates, institutional, and non-profit clients.

## Sectors

- quantitative portfolio management
- impact investing

## People

- James W. Byrd — Founder

## Questions

### Does Midwest Asset Management run a proprietary fund or separate accounts?

Midwest constructs portfolios using third-party mutual funds and exchange-traded funds within separately managed accounts. The firm does not operate its own commingled funds. Allocation and manager selection are driven by the firm's internal quantitative models, and the website emphasizes that 86% of its most-used fund database has outperformed peers over rolling ten-year periods (independently verified, per the firm). The minimum account size is $200,000.

### How does Midwest justify its claim that fee reduction is the primary driver of net returns?

Midwest argues that above-average aggregate fees are the best predictor of future below-average returns, citing an estimate of more than $1.5 trillion in global annual unnecessary portfolio expenses (per the firm, January 2026). The firm claims that many long-term investors lose up to 50% or more of their gains to needless charges while taking 100% of the risk. By capping its own fees at approximately 0.70% on a representative portfolio versus an assumed industry 1.50%, Midwest projects a $1.79 million opportunity gain on a $1 million portfolio over a long-term horizon.

### Does the firm invest in private markets, direct deals, or alternatives?

No. Midwest Asset Management operates exclusively in the public securities market, using mutual funds and exchange-traded funds for client portfolios. The firm describes quantitative portfolio management as its only business and makes no reference to private equity, venture capital, hedge fund allocations, direct co-investments, or alternative asset classes.

### What is the firm's regulatory status?

Midwest Asset Management, Inc. is a for-profit registered investment adviser. The firm identifies as a financial fiduciary and emphasizes that its portfolio construction and monitoring processes are built around objective, statistics-based decision-making. It is incorporated in Wisconsin, with offices listed in Middleton and previously Verona.

## Related profiles

- [Midway Venture Partners](https://altss.com/profile/midway-venture-partners)
- [Midwest Capital Advisors](https://altss.com/profile/midwest-capital-advisors)

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Last updated: 2026-08-11T15:07:26.757Z

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