Redstone Advisors, Inc. is an independent investment advisory firm established in 1991, located in Wichita, Kansas. The firm specializes in fixed income management services, focusing primarily on municipal bond and government portfolios for both institutional clients—such as retirement plans, endowments, foundations, and union plans—and high-net-worth individuals. Redstone manages client portfolios on a separate account basis, allowing the team to tailor investments to each client's specific tax and investment requirements. Clients can place restrictions on certain securities or types of securities through an agreed-upon Investment Policy Guidelines document. Redstone monitors all investment accounts daily, conducts in-depth reviews based on economic and market conditions, and provides clients with written reports every quarter. The firm operates with discretionary authority to manage accounts, meaning the team makes investment decisions on behalf of clients without needing prior approval for each trade, though non-discretionary arrangements are occasionally accepted. Redstone does not provide tax or legal services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 0.50% |
| $5.0M - $10.0M | 0.40% |
| $10M+ | 0.30% |
Fees may be subject to negotiation. Multiple accounts may be aggregated or householded for fee calculations.