Redstone Advisors Inc

Redstone Advisors, Inc., established in 1991, offers personalized fixed income management services specializing in municipal and government bond portfolios for institutions and high net worth individuals. The firm manages assets totaling $455,201,680 as of December 31, 2024, on a discretionary basis. Clients can impose restrictions on investments, and the firm does not engage in margin lending or recommend margin accounts. Fees are negotiable and calculated quarterly based on a tiered structure: 0.50% on the first $5,000,000, 0.40% on the next $5,000,000, and 0.30% on the balance. Redstone does not charge performance-based fees and requires a minimum account value of $1,000,000 to establish an advisory relationship. The firm emphasizes investment risks, primarily in fixed income securities, including interest rate, credit, and prepayment risks. Redstone operates as a fiduciary, acting in clients' best interests, and provides discretionary investment management services. The firm does not have custody of client assets and recommends Charles Schwab as a qualified custodian. Redstone's principals, including CFA charterholders, oversee account reviews, investment decisions, and proxy voting. The firm's employees have no disciplinary history, and one director engages in additional business activities, monitored for conflicts of interest. Supervision is conducted by Managing Director Marc A. Vincent.