The effects of quenched disorder on the critical properties of itinerant qu
antum magnets are considered. Particular attention is paid to locally order
ed rare regions that are formed in the presence of quenched disorder even w
hen the bulk system is still in the nonmagnetic phase. It is shown that the
se local moments or instantons destroy the previously found critical fixed
point in the case of antiferromagnets. In the case of itinerant ferromagnet
s, the critical behavior is unaffected by the rare regions due to an effect
ive long-range interaction between the order parameter fluctuations.