Willms began with athletics, switched to pre-med then
turned to business and financial management software on
the path that brought him to Mequon. He is shown in his
office. QUANT IX SOFTWARE is located in Mequon.
Photo by Sheryl Popp
MEQUON — Out of high school,
Matt Willms headed to UW-LaCrosse to pursue an athletic degree,
thinking he would love to coach. He soon felt he needed a larger
challenge and switched to pre-med.
Willms earned a degree in microbiology with a chemistry minor. He
was accepted into medical school soon after college but had also
recently become engaged.
“We wanted to start our family young,” said Willms. “With the
tremendous time investment med school would take, we decided I
Willms went back to school at Marquette to add some business classes
and then earned his MBA at UW-Milwaukee. He then joined his brothers
in business. They were developing a software program for the
internal use of investment advising programs.
“This was before DOS, the early- to mid-eighties,” said Willms.
“There was nothing out there for investment accounting and stock
valuation tools for investors.”
CompuServe – the first major commercial online service provider –
had an investing forum. The Willms brothers’ company and services
were discussed there by a Chicago area business professor. That led
to notice by the American Association of Individual Investors.
“Once we had developed a DOS version of our software, this led to us
becoming known and available to investors,” Willms said.
They were also noticed by the service organization for investment
clubs that had group software programs, but nothing for individuals.
Matt and Peter Willms founded QUANT IX SOFTWARE Inc. in 1995. It is
a tool for investment record keeping and portfolio management.
A subsidiary, the Willms Group, offers investment advisory services
to residents of Wisconsin.
“But our niche is QUANT IX,” said Willms. “We are a popular tool
because we can provide a full picture of asset allocations and our
accuracy is great. Say an investor thinks he’s good with large cap
technology stocks, but he’s unaware that his 401K or his IRA is
heavily into them as well. His diversification is out of whack, and
that helps to explain why so many people lost money when the tech
bubble burst in 1999-2000.”
The company’s software is not as complicated as it sounds. It can
help people track all their investments, and offers multiple
portfolio management. For example, users can follow their personal
taxable and nontaxable accounts, spousal accounts, children’s
accounts and other account types. It is educational and can be used
whether an investor works alone or with an adviser.
“It’s not in the cloud,” Willms said. “Our software is desktop based
and secure on your own computer.”
What makes the company unique is that this is all affordable. There
is a 90day free demo, with free support during the trial period.
After that time, the full version can be purchased for $99. After a
year, an optional renewal is offered from $69 to $99.
“We have customers worldwide,” Willms said. “We are registered
investment advisers and that has made our software products viable
“We learned some professional advisors were using it to track their
multiple clients’ investments and that was a bit outside the purpose
of our product, so we also developed a professional version,” Willms
Willms is content with his decision not to go into medicine.
“Time passes too fast,” he said. “I was able to coach my son’s youth
football teams and my daughter’s soccer. I loved being available
while they grew up. And I never would have developed the special,
lasting relationships with some of our users I have now if not for
this company. We have been helping some of our clients for 30-plus
More information about what the software does can be found online by
www.investmentaccountmanager.com. QUANT IX SOFTWARE is located
in Mequon. The company’s phone number is 262-241-3990. The site
offers the free trial versions of its software.