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Part 2A of Form ADV: Firm Brochure
Item 1 – Cover Page
8100 E. 22nd St. N., Bldg. 800, Ste. 101
Wichita, KS 67226
Telephone: (316) 687-2143
Fax: (316) 687-2146
Website: www.redstoneadv.com
March 2025
This Brochure provides information about the qualifications and business practices of Redstone
Advisors, Inc. If you have any questions about the contents of this Brochure, please contact us at
(316) 687-2143. The information in this Brochure has not been approved or verified by the United
States Securities and Exchange Commission or by any state securities authority.
Additional information about Redstone Advisors, Inc. is also available on the SEC’s website at
www.adviserinfo.sec.gov .
Part 2A of Form ADV: Firm Brochure
Item 2 – Material Changes
The last Annual Update of our Form ADV 2A Brochure was in March 2024. Since our last Annual
Update, no material changes were made.
We have made other minor changes for stylistic or semantic reasons or to enhance clarity. We
encourage you to read this Brochure in its entirety and to contact us with any questions.
Pursuant to SEC Rules, we will ensure that you receive a summary of any material changes to
this and subsequent Brochures within 120 days of the close of our fiscal year. We will also
provide other ongoing disclosure information about material changes, as necessary.
We will provide you with a new Brochure, as necessary, based on changes or new information, at
any time, without charge.
Currently, our Brochure may be requested by contacting Marc A. Vincent, Chief Compliance
Officer, at (316) 687-2143 or mvincent@redstoneadv.com. Our Brochure is also available on our
web site, www.redstoneadv.com , free of charge.
information
about Redstone
is
available
via
the SEC’s web
Additional
site,
www.adviserinfo.sec.gov. The SEC’s web site also provides information about any persons
affiliated with Redstone who are registered, or are required to be registered, as investment
adviser representatives of Redstone.
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Part 2A of Form ADV: Firm Brochure
Item 3 – Table of Contents
Item 1 – Cover Page ............................................................................................................. 1
Item 2 – Material Changes ................................................................................................... 2
Item 3 – Table of Contents ................................................................................................... 3
Item 4 – Advisory Business .................................................................................................. 4
Item 5 – Fees and Compensation ......................................................................................... 4
Item 6 – Performance-Based Fees and Side-by-Side Management ...................................... 5
Item 7 – Types of Clients ..................................................................................................... 6
Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss ................................ 6
Item 9 – Disciplinary Information ........................................................................................ 6
Item 10 – Other Financial Industry Activities and Affiliations ............................................ 6
Item 11 – Code of Ethics, Participation or Interest in Client Transactions and
Personal Trading ................................................................................................. 7
Item 12 – Brokerage Practices .............................................................................................. 8
Item 13 – Review of Accounts ............................................................................................ 13
Item 14 – Client Referrals and Other Compensation ......................................................... 14
Item 15 – Custody .............................................................................................................. 14
Item 16 – Investment Discretion ....................................................................................... 15
Item 17 – Voting Client Securities ..................................................................................... 15
Item 18 – Financial Information ........................................................................................ 17
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Part 2A of Form ADV: Firm Brochure
Item 4 – Advisory Business
Redstone Advisors, Inc. (“Redstone,” “we,” “us” or “our”), established in 1991, provides a highly
personalized approach to investment management. We are owned by persons who are active
participants in our business. Our principal owner is Marc A. Vincent.
We are an independent investment advisory firm specializing in fixed income management
services (primarily municipal bond and government bond portfolios) for both institutions
(retirement plans, endowments, foundations and union plans) and high net worth individuals.
Redstone manages client portfolios on a separate account basis, and as such we are able to
consider each client's unique tax and investment requirements. Clients are able to impose
restrictions on investing in certain securities or types of securities, which are outlined in the
Investment Policy Guidelines document that is agreed upon at the time of signing our
investment management contract. We do not lend on margin and do not recommend opening
an account with margin. If we acquire an existing account with margin capabilities, we do not
utilize that feature. We do not provide tax or legal services.
We do not currently participate in wrap fee programs.
As of December 31, 2024, Redstone Advisors managed a total of $455,201,680 in assets, all on a
discretionary basis.
Item 5 – Fees and Compensation
As a manager of capital from individuals, corporations, retirement plans, and charitable
organizations, we enter into an investment management contract with each client detailing
investment parameters, account objectives, and fees to be paid. Fees may be subject to
negotiation. Clients pay fees quarterly unless they elect to pay a flat fee, which may be paid
monthly or quarterly. Advisory fees are charged quarterly in arrears. Fees are calculated by
taking the daily average market value for the quarter, assigning the applicable rate, and then
dividing by four to arrive at a quarterly fee amount.
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Part 2A of Form ADV: Firm Brochure
The annual rates are:
0.50% on the first $5,000,000
0.40% on the next $5,000,000;
0.30% on the balance.
The specific manner in which fees are charged is established in each client’s investment
management agreement. Multiple accounts may be aggregated or householded for fee
calculation based on client relationship, at Redstone’s discretion. Clients should note that
similar advisory services may (or may not) be available from other registered (or unregistered)
investment advisers for similar or lower fees.
Generally, advisory clients are subject to the minimum account requirements and advisory fees
in effect at the time the client entered into the advisory relationship. Therefore, our minimum
account requirements and fees will differ among clients.
If a client elects to have its fees deducted directly from its account, it must provide written
instructions to its Custodian, and the Custodian will require us to send our fee statement to the
client and the Custodian simultaneously. The client may elect to not have its fees deducted
from its account, in which event we will send the client an invoice.
Clients may be responsible for paying transaction costs related to certain security types. Please
refer to Item 12 of this Brochure for further information pertaining to brokerage practices.
Our clients are not required to pay fees in advance.
None of our supervised persons accept compensation for the sale of securities or other
investment products, including asset-based sales charges or service fees from the sale of mutual
funds.
Item 6 – Performance-Based Fees and Side-By-Side Management
Redstone does not charge any performance-based fees (fees based on a share of capital gains on
or capital appreciation of the assets of a client).
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Part 2A of Form ADV: Firm Brochure
Item 7 – Types of Clients
Redstone provides investment advice to individuals, trusts, corporations, retirement plans and
charitable organizations.
As a general guideline, we require a minimum beginning account value of $1,000,000 to
establish an advisory relationship.
Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss
Clients should know that investing in securities involves the risk of losing capital, and we do not
make any guarantees.
We invest primarily in fixed income securities. The main risks involved with investing in fixed
income securities include the following:
•
Interest Rate Risk: In general, as interest rates rise, the price of a bond will fall, and vice
versa.
• Credit Risk: Credit risk is the risk that the issuer will default on its obligation to repay the
bond investor.
• Prepayment Risk: Bond issuers may prepay principal earlier than scheduled, forcing the
investor to receive principal sooner than anticipated and reinvest at lower rates.
Item 9 – Disciplinary Information
We are required to disclose all material facts regarding any legal or disciplinary events that
would be material to the evaluation of Redstone or the integrity of Redstone's management. We
have no information to report under this Item.
Item 10 – Other Financial Industry Activities and Affiliations
None of our employees are registered or have a pending application to register as a broker-
dealer or a registered representative of a broker-dealer.
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Part 2A of Form ADV: Firm Brochure
None of our employees are registered or have a pending application to register as a futures
commission merchant, commodity pool operator, a commodity trading advisor, or as an
associated person of any of the foregoing.
Item 11 – Code of Ethics, Participation or Interest in Client
Transactions and Personal Trading
Our Code of Ethics governs the conduct of our company and its personnel. It is based on the
principle that all employees of Redstone and certain other persons have a fiduciary duty to place
the interests of clients ahead of their own. The Code is comprised of a number of policies and
procedures designed to educate our employees with respect to the terms of the Code and general
obligations to our clients, provide for regular reporting of information by our employees and the
review of the same by management. The Code applies to all employees, directors and officers of
Redstone who (i) have access to non-public information regarding client purchases or sales of
securities, (ii) are involved in making securities recommendations to clients, (iii) have access to
non-public recommendations or the portfolio holdings of any reportable fund, and (iv) all of
Redstone's directors, officers and portfolio management personnel.
A copy of the Code will be made available upon written request directed to our Chief Compliance
Officer (CCO), Marc A. Vincent.
Our employees must give first priority to all purchases and sales of securities for our clients,
prior to the execution of transactions for their own accounts. All personal trading by our
employees must not conflict with the interest of a client. We reserve the right to require our
employees to reverse, cancel or freeze any transaction or position in a specific security if we
believe the transaction or position violates our policies.
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Part 2A of Form ADV: Firm Brochure
Item 12 – Brokerage Practices
Redstone does not maintain custody of your assets that we manage, although we may be deemed
to have custody of your assets if you give us authority to withdraw assets from your account (see
Item 15-Custody, below). Your assets must be maintained in an account at a "qualified
custodian," generally a broker-dealer or bank.
Charles Schwab as Custodian: We may recommend that our clients use Charles Schwab & Co.,
Inc. (Schwab), a FINRA-registered broker-dealer, member SIPC, as the qualified custodian. We
are independently owned and operated and not affiliated with Schwab. Schwab will hold your
assets in a brokerage account and buy and sell securities when we instruct them to. While we
may recommend that you use Schwab as custodian, you will decide whether to do so and open
your account with Schwab by entering into an account agreement directly with them. We do not
open the account for you although we may assist you in doing so. Even though your account is
maintained at Schwab, we will still consider other brokers to execute trades for your account as
described in the section below, Brokerage and Custody Costs.
Other Custodians: Redstone has clients who use custodians other than Schwab. Each of these
custodians meets the requirements of a "qualified custodian." We are independently owned and
operated and not affiliated with any custodian.
How We Select Brokers and Custodians: We seek to recommend a custodian/broker who will hold
your assets and execute transactions on terms that are overall most advantageous when
compared to other available providers and their services. We consider a wide range of factors,
including, among others, these:
• combination of transaction execution services along with asset custody services (generally
without a separate fee for custody)
• capability to execute, clear and settle trades (buy and sell securities for your account)
• capabilities to facilitate transfers and payments to and from accounts (wire transfers, check
requests, bill payment, etc.)
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Part 2A of Form ADV: Firm Brochure
• breadth of investment products made available (stocks, bonds, mutual funds, exchange
traded funds (ETFs), etc.)
• availability of investment research and tools that assist us in making investment decisions
• quality of services
• competitiveness of the price of services (commission rates, margin interest rates, other fees,
etc.) and willingness to negotiate them
•
reputation, financial strength, security, and stability of the provider, their prior service to us
and our other clients
• availability of other products and services that benefit us, as discussed below (see "Products
and Services Available to Us from Schwab")
Brokerage and Custody Costs: For our clients' accounts it maintains, Schwab generally does not
charge separately for custody services but is compensated by charging you commissions or other
fees on trades that it executes or that settle into your Schwab account. Certain trades (for
example, some mutual funds and ETFs) may not incur Schwab commissions or transaction fees.
Schwab is also compensated by earning interest on the uninvested cash in your account in
Schwab’s Cash Features Program. In addition to commissions, Schwab charges you a flat dollar
amount as a "prime broker" or "trade away" fee for each trade that we have executed by a
different broker-dealer but where the securities bought or the funds from the securities sold are
deposited (settled) into your Schwab account. These fees are in addition to the commissions or
other compensation you pay the executing broker-dealer, and could be an incentive to cause
trades to be executed through Schwab. We take this into consideration when we execute trades
for your account.
For all clients, regardless of the custodian, it is our duty to seek "best execution" of your trades.
Best execution means the most favorable terms for a transaction based on all relevant factors,
including those listed above under the heading, How We Select Brokers and Custodians.
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Part 2A of Form ADV: Firm Brochure
Products and Services Available to Us from Schwab: Schwab Advisor Services is Schwab's business
serving independent investment advisory firms like us. They provide us and our clients with
access to its institutional brokerage – trading, custody, reporting and related services – many of
which are not typically available to Schwab retail customers. Schwab also makes available
various support services. Some of those services help us manage or administer our clients'
accounts while others help us manage and grow our business. Schwab's support services are
generally available on an unsolicited basis and at no charge to us.
Schwab's institutional brokerage services include access to a broad range of investment
products, execution of securities transactions, and custody of client assets. The investment
products available through Schwab include some to which we might not otherwise have access
or that would require a significantly higher minimum initial investment by our clients. Schwab's
services described in this paragraph generally benefit you and your account.
Schwab also makes available to us other products and services that benefit us but may not
directly benefit you or your account. These products and services assist us in managing and
administering our clients' accounts. They include investment research, both Schwab's own and
that of third parties. We may use this research to service all or some substantial number of our
clients' accounts, including accounts not maintained at Schwab. In addition to investment
research, Schwab also makes available software and other technology that:
• provide access to client account data (such as duplicate trade confirmations and account
statements);
•
facilitate trade execution and allocate aggregated trade orders for multiple client accounts;
• provide pricing and other market data;
•
facilitate payment of our fees from our clients' accounts; and
• assist with back-office functions, recordkeeping and client reporting.
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Part 2A of Form ADV: Firm Brochure
Schwab also offers other services intended to help us manage and further develop our business
enterprise. These services include:
• educational conferences and events;
•
technology, compliance, legal, and business consulting;
• publications and conferences on practice management and business succession;
• access to employee benefits providers, human capital consultants and insurance providers;
and
• marketing consulting and support.
Schwab may provide some of these services itself. In other cases, it will arrange for third-party
vendors to provide the services to us. Schwab may also discount or waive its fees for some of
these services or pay all or a part of a third party's fees. Schwab may also provide us with other
benefits such as occasional business entertainment of our personnel.
Depending on the situation, we may take advantage of any of the opportunities offered through
Schwab. However, we do not rely exclusively on Schwab for all of these services. For
investment research, market data and some pricing information, we subscribe to Bloomberg
Professional Services and Clearwater Analytics. Our selection of investment products is
expanded through other broker-dealers.
The services made available by Schwab benefit us because we do not have to produce or
purchase them. We may have an incentive to recommend that you maintain your account with
Schwab based on our interest in receiving Schwab's services that benefit our business rather
than based on your interest in receiving the best value in custody services and the most
favorable execution of your transactions. This is a potential conflict of interest. Our use is
primarily supported by the scope, quality and price of Schwab's services and not Schwab's
services that benefit only us.
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Part 2A of Form ADV: Firm Brochure
Selection of Brokers for Trade Execution: We have a fiduciary duty to our clients to achieve best
execution in placing trades with broker-dealers. In deciding what constitutes best execution,
the determinative factor is not the lowest possible commission cost, but whether the transaction
represents the best qualitative execution. In making this determination, our policy is to
consider the full range of the broker's services, including, without limitation, the value of
research services provided, execution capabilities, market expertise, commission rates, financial
responsibility, administrative resources, and responsiveness. We will utilize several different
brokers to achieve best execution.
Soft Dollar: We do not currently have any soft dollar arrangements with broker-dealers.
Brokerage for Client Referrals: We do not select or recommend broker-dealers or third parties
based upon receiving client referrals.
Directed Brokerage: We do not routinely recommend, request, or require that clients direct us to
execute transactions through a specified broker-dealer.
Trade Order Aggregation: We may aggregate the orders of two or more clients into a single order
if we determine that the order is (i) in the best interest of each participating client, (ii)
consistent with our duty to obtain best execution, and (iii) consistent with the terms of our
agreement with each participating client. Any investment by a client shall not be dependent
upon the willingness or ability of another client to participate in the transaction, and separate
documentation relating to the transaction shall be generated and maintained for each client
participating in the single transaction. The price of the securities purchased or sold in an
aggregated transaction shall be the average price for all our clients in that transaction and all
broker transaction costs will be shared on a pro rata basis.
Cross Trades: As is consistent with its duty to seek best execution, Redstone may cross trades for
client accounts in limited circumstances. A cross trade occurs when Redstone purchases and
sells a particular security between two or more accounts under management by instructing
brokers to cross the trade. We will allow cross trades when a client directs us to liquidate either
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Part 2A of Form ADV: Firm Brochure
part or all of its portfolio, we believe the trade is in the best interests of each participant, and the
cross trade is permitted by the clients involved and applicable law. Clients may revoke any
prospective consent to cross trades at any time with advance written notice.
Cross trades present an inherent conflict of interest because Redstone represents the interests of
both the selling party and the buying party in the same transaction. As a result, clients for whom
we execute cross trades bear the risk that one or more clients in the cross trade may be treated
more favorably by us than another party. Additionally, there is a risk that the price of a security
or other instrument bought or sold through a cross trade may not be as favorable as it might
have been had the trade been executed in the open market or that a client receives a security
that is difficult to dispose of in a market transaction. Redstone will seek to ensure that the terms
of the transactions, including the consideration to be paid or received, are fair and reasonable
and effected at the independent “current market price”, and the transactions are in the best
interests of the clients involved. For regulatory or other reasons we may choose not to execute
cross trades for one or more clients, which could disadvantage those clients as compared to
clients for whom we perform cross trades. In no instance does Redstone receive additional
compensation when crossing trades for client accounts.
Item 13 – Review of Accounts
All investment accounts will be monitored daily with more in-depth reviews as economic or
market conditions would dictate. Additional reviews are performed by the principals of our firm
to ensure that each client's objectives are being properly met. The principals of our firm include
our Managing Directors, Chief Investment Officer, Senior Portfolio Manager, and Portfolio
Managers.
Reviews consider any material changes regarding the assets held in any particular account, any
credit considerations regarding those assets, or significant changes regarding the personal
financial circumstance of a client.
Written reports are furnished to our clients on a quarterly basis. These reports generally include
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Part 2A of Form ADV: Firm Brochure
a statement of assets, an evaluation of current and expected economic and market conditions,
and a performance summary, where appropriate. This report frequency and the information
included can be altered to meet each client's specific needs or desires. We attempt to meet
personally with clients on a schedule agreed upon with the client.
Item 14 – Client Referrals and Other Compensation
We may receive client referrals from brokers, financial consultants, and other persons or
entities, pursuant to written referral agreements which comply with the requirements set forth
in Rule 204 (4) – 3 under the Investment Advisers Act, and which require that those persons
provide the potential client with a copy of our disclosure documents and disclose the existence
and terms of the referral agreement. They may be compensated for their services from a portion
of the advisory fee paid by the client to us.
Schwab Advisor Network (“SAN”): Prior to June 2021, we received client referrals from Charles
Schwab & Co., Inc. ("Schwab") through our participation in the SAN Service. The SAN Service is
designed to help investors find an independent investment advisor. Schwab is a broker-dealer
independent of, and unaffiliated with, Redstone. Although our participation in the SAN Service
ended in May 2021, we will continue to honor our contractual obligations to Schwab. The
obligations include payments of Participation Fees and Non-Schwab Custody fees to Schwab
with respect to referred clients’ accounts. All such fees are paid by us and not the Schwab-
referred client.
We do not recommend or select other investment advisers for our clients.
Item 15 – Custody
We do not have actual or constructive custody of your assets. However, under government
regulations, we are deemed to have custody of your assets if, for example, you authorize us to
instruct your Custodian to deduct our advisory fees directly from your account. Your Custodian
maintains actual custody of your assets.
We previously disclosed in the "Fees and
Compensation" section (Item 5) of this Brochure that our firm directly debits advisory fees from
client accounts.
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Part 2A of Form ADV: Firm Brochure
As part of this billing process, the client's custodian is advised of the amount of the fee to be
deducted from that client's account. You will receive account statements directly from your
Custodian at least quarterly. They will be sent either to your email or postal mailing address of
record. You should carefully review those statements promptly when you receive them.
Because the custodian does not calculate the amount of the fee to be deducted, it is important
for clients to carefully review their custodial statements to verify the accuracy of the calculation,
among other things. Clients should contact us directly if they believe that there may be an error
in their statement.
In addition to the periodic statements that clients receive directly from their custodians, we also
send account statements directly to our clients on a quarterly basis. We urge our clients to
carefully compare the information provided on these statements to ensure that all account
transactions and holdings are correct and current.
Item 16 – Investment Discretion
Our firm accepts discretionary authority to manage securities accounts on behalf of clients. For
those accounts which we have full discretion for investment management services, a contract is
executed detailing the investment authority, investment vehicles to be utilized, account
objectives, and any limitations on the types and amounts of securities to be bought and sold.
On occasion, our firm will accept assets for management on a non-discretionary basis. For these
accounts, we will execute trades as directed by the client.
Item 17 – Voting Client Securities
We have adopted Proxy Voting Policies and Procedures for voting proxies received for accounts
managed by us in instances where (1) the underlying advisory agreement provides that we
should be responsible to vote proxies, (2) the underlying advisory agreement is silent on the
subject and we have discretionary authority over investment decisions for the client's account,
and (3) in the case of an employee benefit plan, the client has not reserved the power to vote
proxies in either the underlying advisory agreement or in the client's plan documents.
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Part 2A of Form ADV: Firm Brochure
In the absence of specific voting guidelines from a client, we will vote proxies in a manner that
we believe is in the best interest of the client, considering factors that relate to the client's
investment or are dictated by the client, including how a vote will economically impact and
affect the value of the client's investment.
On items where no corporate governance issues are implicated or a conflict of interest exists
where no specific policy applies, we will generally vote for the election of directors, selection of
independent auditors, increases in or reclassification of common stock, recommendations
adding or amending indemnification provisions in the charter or bylaws, changes in the board of
directors, outside director compensation, proposals that maintain or strengthen the shared
interests of shareholders and management, proposals that increase shareholder value, proposals
that will maintain or increase shareholder influence over the issuer's board of directors and
management, and proposals that maintain or increase the rights of shareholders. On non-
routine and conflict of interest items, we will generally vote for management proposals for
merger or reorganization if the transaction appears to offer fair value, against shareholder
resolutions that consider non-financial impacts of mergers and against anti-greenmail
provisions.
If a proxy includes routine items that implicate corporate governance changes, non-routine
items where no specific policy applies or a conflict of interest item, or no specific policy applies,
we may engage an independent third party to determine how the proxy should be voted. In
voting on each issue, we will vote in a prudent and timely fashion and only after a careful
evaluation of the issue or issues presented on the ballot. In exercising this voting discretion, we
will avoid any direct or indirect conflict of interest raised by such voting decision. If any
substantive aspect or foreseeable result of the subject matter to be voted upon raises an actual
or potential conflict of interest to us or any of our affiliates, we will provide adequate disclosure
to the client.
The conflict notice will either request the client's consent to our vote recommendation, or may
request the client to vote the proxy directly or through another designee of the client. If the
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Part 2A of Form ADV: Firm Brochure
client is unreachable or has not affirmatively responded before the response deadline for the
matter to be voted upon, we may either engage a non-interested party to independently review
our vote recommendation to confirm that its vote recommendation is in the best interest of the
client under the circumstances, cast its vote as recommended if the vote recommendations fall
against our interest and such vote recommendation is in the best interest of the client under the
circumstances, or abstain from voting if such action is determined by our firm to be in the best
interest of the client under the circumstances.
In accordance with SEC Rule 204-2(c)(2), we will maintain clients' files or otherwise have
available, copies of all proxy statements received, records of votes cast, records memorializing
the basis for each vote cast, copies of documents created by our firm or employees of our firm
that were material in making a decision on how to vote a proxy, and a copy of each conflict
notice and related communications.
Clients may obtain a copy of our proxy voting policies and procedures upon request.
Item 18 – Financial Information
We do not collect management fees, of any amount, six months or more in advance.
We do not have a financial condition that is reasonably likely to impact our ability to meet
contractual commitments to our clients.
We have never been the subject of a bankruptcy petition.
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Part 2B of Form ADV: Firm Brochure Supplement
Item 1: Cover Page
Marc A. Vincent
Gary L. Gamm
Troy A. Young
Patricia A. Statham
Gregory J. Palko
Tyler M. Vincent
8100 E. 22nd St. N., Bldg. 800, Ste. 101
Wichita, KS 67226
(316) 687-2143
March 2025
This brochure supplement provides information about the background and qualifications of the
above listed individuals that supplements the Redstone Advisors, Inc. Disclosure Brochure. If
you have not received a copy of the Disclosure Brochure or if you have any questions about the
Disclosure Brochure or this Supplement, please contact Marc Vincent.
Additional information about the above listed individuals is available on the SEC’s Investment
Adviser Public Disclosure website at adviserinfo.sec.gov.
Part 2B of Form ADV: Firm Brochure Supplement
Item 2: Educational Background and Business Experience
Marc A. Vincent, CFA© (b. 1956) is one of the Managing Directors and the Chief Compliance Officer for Redstone
Advisors, Inc. He was one of the firms founders in 1991.
Educational Background:
Wichita State University, Wichita, Kansas
BA – Administration -1978
University of Missouri, Columbia, Missouri
MBA Finance – 1980
MS Public Health—1980
Professional Designations and Licenses:
Chartered Financial Analyst© (CFA© )
Gary L. Gamm (b. 1947) is one of the Managing Directors for Redstone Advisors, Inc. He was one of the firms
founders in 1991.
Educational Background:
Wichita State University, Wichita, Kansas
BBA – Economics - 1969
Southwestern Graduate School of Banking-SMU, Dallas, Texas
Graduate – Banking - 1975
Troy A. Young, CFA© (b. 1959) Joined Redstone Advisors, Inc. in 1991 and has been Senior Portfolio Manager
since 1995. He became Chief Investment Officer for Redstone Advisors, Inc. in January 2024.
Educational Background:
Wichita State University, Wichita, Kansas
BBA - Finance – 1986
Professional Designations and Licenses:
Chartered Financial Analyst© (CFA© )
Charterd Financial Analyst: Marc Vincent, Troy Young and Tyler Vincent have earned a CFA© designation. The
CFA© is a professional designation established in 1962 and awarded by the CFA© Institute. To earn the CFA© char-
ter, candidates must pass three sequential, six-hour examinations over two to four years. The three levels of the
CFA© Program test a wide range of investment topics, including ethical and professional standards, fixed-income
analysis, alternative and derivative investments, and portfolio management and wealth planning. In addition, CFA©
charterholders must have at least four years of acceptable professional experience in the investment decision-
making process and must commit to abide by, and annually reaffirm, their adherence to the CFA© Institute Code of
Ethics and Standards of Professional Conduct. CFA© is a trademark owned by CFA© Institute.
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Part 2B of Form ADV: Firm Brochure Supplement
Item 2: Educational Background and Business Experience
Patricia A. Statham (b. 1947) has been with Redstone Advisors, Inc. since 1995 as a Portfolio Manager.
Educational Background:
Wichita State University, Wichita, Kansas
BS – Liberal Arts - 1993
Gregory J. Palko (b. 1984) joined Redstone Advisors, Inc. in 2011 as an assistant Portfolio Manager. He was pro-
moted to Portfolio Manager in 2017.
Educational Background:
Wichita State University, Wichita, Kansas
BBA. – Finance – 2009
University of Kansas
BA – Economics – 2007
Tyler M. Vincent, CFA© (b. 1991) has been with Redstone Advisors, Inc. since 2015 as a Relationship Manager. He
was promoted to Principal in January 2023.
Educational Background:
Texas Christian University, Fort Worth, Texas
BS – Psychology – 2014
Professional Designations and Licenses:
Chartered Financial Analyst© (CFA© )
Item 3: Disciplinary Information
The individuals listed have not been involved in any disciplinary actions.
Item 4: Other Business Activities
One of our Managing Directors, Gary Gamm, serves as an advisor to the board of a certain family limited partner-
ship. Mr. Gamm’s position as advisor involves guidance and decisions regarding investment of the partnership’s
assets. A portion of the partnership’s assets are managed by Redstone.
Mr. Gamm further acts as the trustee of two trusts. As trustee, Mr. Gamm may decide how the trust assets are in-
vested. A beneficiary of the trusts is a client of Redstone (although the trusts are not clients of Redstone and their
accounts are not managed by Redstone.)
These business activities may present a conflict of interest because Mr. Gamm owes duties to the partnership and
trusts outside of his Redstone activities and duties. To mitigate any perceived conflict of interest, all trades for
these accounts are reviewed by the Chief Compliance Officer.
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Part 2B of Form ADV: Firm Brochure Supplement
Mr. Gamm receives trustee and board fees for such activities. Any compensation from these activities is separate
from any investment advisory fees charged through Redstone.
The other individuals listed above are not actively engaged in any other investment-related business activities out-
side of Redstone Advisors, Inc.
They are also not actively engaged in any other business or occupation that provides a substantial source of income,
or that involves a substantial amount of time. If the business activities represent less than 10% of the supervised
person’s time and income, you may presume that they are not substantial.
Item 5: Additional Compensation
None of the above referenced individuals receive economic benefits from any non-clients for providing advisory
services.
Item 6: Supervision
All supervised persons are supervised through regularly scheduled meetings, e-mails, and through our database
management system. Any advice given to clients, any changes made to a client’s portfolio structure, and/or any
trades that take place in a client’s account are monitored and reviewed by the Managing Director, Marc A. Vincent.
The following individual is responsible for supervising advisory activities on behalf of Redstone Advisors, Inc.:
Marc A. Vincent
Managing Director
(316) 687-2143
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