Our firm is dedicated to providing individuals and other types of clients with a wide array of
investment advisory services. Our firm is a limited liability company formed under the laws of the
State of Texas in 2020 and has been in business as an investment adviser since that time. Our firm is
wholly owned by Chad Clark and J. Cole Maxey.
The purpose of this Brochure is to disclose the conflicts of interest associated with the investment
transactions, compensation and any other matters related to investment decisions made by our firm
or its representatives. As a fiduciary, it is our duty to always act in the client’s best interest. This is
accomplished in part by knowing our client. Our firm has established a service-oriented advisory
practice with open lines of communication for many different types of clients to help meet their
financial goals while remaining sensitive to risk tolerance and time horizons. Working with clients to
understand their investment objectives while educating them about our process facilitates the kind
of working relationship we value.
Types of Advisory Services Offered
Asset Management:
As part of our Asset Management service, a portfolio is created, consisting of individual stocks, bonds,
exchange traded funds (“ETFs”), options, mutual funds and other public and private securities or
investments. The client’s individual investment strategy is tailored to their specific needs and may
include some or all the previously mentioned securities. Portfolios will be designed to meet a particular
investment goal, determined to be suitable to the client’s circumstances. Once the appropriate portfolio
has been determined, portfolios are continuously and regularly monitored, and if necessary, rebalanced
based upon the client’s individual needs, stated goals and objectives.
Our firm utilizes the sub-advisory services of a third-party investment advisory firm or individual
advisor to aid in the implementation of an investment portfolio designed by our firm. Before selecting
a firm or individual, our firm will ensure that the chosen party is properly licensed or registered. Our
firm will not offer advice on any specific securities or other investments in connection with this service.
We will provide initial due diligence on third party money managers and ongoing reviews of their
management of client accounts. To assist in the selection of a third-party money manager, our firm will
gather client information pertaining to financial situation, investment objectives, and reasonable
restrictions to be imposed upon the management of the account.
Our firm will periodically review third party money manager reports provided to the client at least
annually. Our firm will contact clients from time to time in order to review their financial situation
and objectives; communicate information to third party money managers as warranted; and, assist
the client in understanding and evaluating the services provided by the third party money manager.
Clients will be expected to notify our firm of any changes in their financial situation, investment
objectives, or account restrictions that could affect their financial standing.
ADV Part 2A – Firm Brochure Page 5 Redemption Capital Partners, LLC
Financial Planning & Consulting:
Our firm provides a variety of standalone financial planning and consulting services to clients for the
management of financial resources based upon an analysis of current situation, goals, and objectives.
Financial planning services will typically involve preparing a financial plan or rendering a financial
consultation for clients based on the client’s financial goals and objectives. This planning or
consulting may encompass Investment Planning, Retirement Planning, Estate Planning, Charitable
Planning, Education Planning, Corporate and Personal Tax Planning, Cost Segregation Study,
Corporate Structure, Real Estate Analysis, Mortgage/Debt Analysis, Insurance Analysis, Lines of
Credit Evaluation, or Business and Personal Financial Planning.
Written financial plans or financial consultations rendered to clients usually include general
recommendations for a course of activity or specific actions to be taken by the clients. Our firm
provides clients with a summary of their financial situation, and observations for financial planning
engagements. Financial consultations are not typically accompanied by a written summary of
observations and recommendations, as the process is less formal than the planning service. Assuming
that all the information and documents requested from the client are provided promptly, plans or
consultations are typically completed within 6 months of the client signing a contract with our firm.
Institutional Intelligent PortfoliosTM
Our firm provides portfolio management services through Institutional Intelligent Portfolios™, an
automated, online investment management platform for use by independent investment advisers
and sponsored by Schwab Wealth Investment Advisory, Inc. (the “Program” and “SWIA,”
respectively). Through the Program, our firm offers clients a range of investment strategies we have
constructed and manage, each consisting of a portfolio of exchange traded funds (“ETFs”) and a cash
allocation. The client may instruct our firm to exclude up to three ETFs from their portfolio. The
client’s portfolio is held in a brokerage account opened by the client at SWIA’s affiliate, Charles
Schwab & Co., Inc. Our firm is independent of and not owned by, affiliated with, or sponsored or
supervised by SWIA, Schwab or their affiliates (together, “Schwab”). The Program is described in the
Schwab Wealth Investment Advisory, Inc. Institutional Intelligent Portfolios™ Disclosure Brochure
(the “Program Disclosure Brochure”), which is delivered to clients by SWIA during the online
enrollment process. The minimum investment required to open an account in the Program is $5,000.
Our firm, and not Schwab, is the client’s investment adviser and primary point of contact with respect
to the Program. Our firm is solely responsible, and Schwab is not responsible, for determining the
appropriateness of the Program for the client, choosing a suitable investment strategy and portfolio
for the client’s investment needs and goals, and managing that portfolio on an ongoing basis. SWIA’s
role is limited to delivering the Program Disclosure Brochure to clients and administering the
Program so that it operates as described in the Program Disclosure Brochure.
Our firm has contracted with SWIA to provide the technology platform and related trading and
account management services for the Program. This platform enables our firm to make the Program
available to clients online and includes a system that automates certain key parts of the investment
process (the “System”). The System includes an online questionnaire that helps our firm determine
client investment objectives and risk tolerance and select an appropriate investment strategy and
portfolio. Clients should note that our firm will recommend a portfolio via the System in response to
the client’s answers to the online questionnaire. The client may then indicate an interest in a portfolio
that is one level less or more conservative or aggressive than the recommended portfolio, but our
firm will make the final decision and select a portfolio based on all the information made available
about the client. The System also includes an automated investment engine through which our firm
ADV Part 2A – Firm Brochure Page 6 Redemption Capital Partners, LLC
manages the client’s portfolio on an ongoing basis through automatic rebalancing and tax-loss
harvesting (if the client is eligible and elects).
Separately Managed Account Services (“SMA”):
We offer and have access to the entire suite of discretionary platforms offered by the Schwab Advisor
Services division of Charles Schwab & Co. Inc. (“Schwab”). Our firm performs management searches of
various investment managers. Based on the client's individual circumstances and we determine which
selected manager's portfolio management style is appropriate for that client. Factors considered in
making this determination include account size, risk tolerance, the objectives of each client and the
investment philosophy of the selected manager. Clients should refer to the manager's Firm Brochure or
other disclosure document for a full description of the services offered. We will furnish a copy of the
disclosure brochures for each manager selected. We will recommend one or more managers who will
manage the client's account(s) on a discretionary basis. On an ongoing basis, we monitor the
performance of the manager(s).
Managed Account Select (“Select”)
Under this program, the Schwab Center for Financial Research provides institutional investment
research with insights and decision-making tools to help serve clients’ needs. Clients are
provided a choice of prescreened money managers across various investment styles. The
program then bundles the research, Schwab’s brokerage, custodial and client reporting under a
single, all-inclusive fee, which is in addition to the fee charged by our firm.
Access to managers in this program is offered at the following account levels: $100,000 for
Stock/Equity Managers and $250,000 for Bond/Fixed Income Managers. Some money
managers may have a higher account minimum. The Schwab Managed Account Select program
fees include the institutional money manager fee, Schwab’s program fee and fees for
brokerage/clearing/custodial services. Fees may include a minimum monthly fee, please see
related program documents for a complete description of specific fees.
Managed Account Access (“Access”)
Managed Account Access allows clients to work with an array of money managers and
conduct their own research within a bundled fee program. Schwab’s fees are charged in
addition to fees charged by our firm. Access provides money manager services and Schwab’s
brokerage and custody services for a simple, asset-based fee and with streamlined
paperwork. Features include single contract structure, low account minimums, bundled fees,
manager and strategy flexibility and variety, performance reporting and managed account
tools and resource.
Access to managers in this program is offered at the following account levels: $100,000 for
Stock/Equity Managers and $250,000 for Bond/Fixed Income Managers. Some money
managers may have a higher account minimum.
Managed Account Marketplace (“Marketplace”)
We participate in the Schwab Connection Marketplace program for certain larger clients. The
services provided are “unbundled,” meaning fees for asset management and fees for trading
are charged separately, in addition to the fees charged by our firm. The fees for asset
ADV Part 2A – Firm Brochure Page 7 Redemption Capital Partners, LLC
management with the money management firm are negotiated with the individual manager
by our firm on behalf of the Client and are based on the total assets with that manager
included in the program and the type of management services (equity or fixed income)
provided.
Execution of security transactions may be paid in one of two ways: (1) A percentage of assets
based on pricing schedules set by Schwab that are determined by trade volume for an
individual money manager; or (2) On a transaction basis, where each transaction is charged
a commission as negotiated with Schwab.
It may be possible for a client to use Marketplace and receive the same research services and
benefits (subject to internal restrictions identified earlier) for a lower fee than available
under the Select program. The bundled fees charged for the Select program may be higher
than the “unbundled fees” charged under Marketplace because of the initial and ongoing due
diligence provided by the Schwab Center for Financial Research and pricing set by the money
management firms for each program.
Retirement Plan Consulting:
Our firm provides retirement plan consulting services to employer plan sponsors on an ongoing
basis. Generally, such consulting services consist of assisting employer plan sponsors in establishing,
monitoring, and reviewing their company's participant-directed retirement plan. As the needs of the
plan sponsor dictate, areas of advising may include:
Investment Options – Our firm will work with the Plan Sponsor to evaluate existing
investment options and make recommendations for appropriate changes.
Asset Allocation and Portfolio Construction – Our firm will develop strategic asset allocation
models to aid Participants in developing strategies to meet their investment objectives, time
horizon, financial situation, and tolerance for risk.
Investment Monitoring – Our firm will monitor the performance of the investments and
notify the client in the event of over/underperformance and in times of market volatility.
Participant Education – Our firm will provide opportunities to educate plan participants
about their retirement plan offerings, different investment options, and general guidance on
allocation strategies.
In providing services for retirement plan consulting, our firm does not provide any advisory services
with respect to the following types of assets: employer securities, real estate (excluding real estate
funds and publicly traded REITS), participant loans, non-publicly traded securities or assets, other
illiquid investments, or brokerage window programs (collectively, “Excluded Assets”). All retirement
plan consulting services shall be in compliance with the applicable state laws regulating retirement
consulting services. This applies to client accounts that are retirement or other employee benefit
plans (“Plan”) governed by the Employee Retirement Income Security Act of 1974, as amended
(“ERISA”). If the client accounts are part of a Plan, and our firm accepts appointment to provide
services to such accounts, our firm acknowledges its fiduciary standard within the meaning of Section
3(21) of ERISA as designated by the Retirement Plan Consulting Agreement with respect to the
provision of services described therein.
ADV Part 2A – Firm Brochure Page 8 Redemption Capital Partners, LLC
Tailoring of Advisory Services
Our firm offers individualized investment advice to our Asset Management and Institutional
Intelligent PortfoliosTM clients. General investment advice will be offered to our Portfolio Monitoring,
Retirement Plan Consulting and Referrals to Third Party Money Management clients.
Our firm does not usually allow Asset Management clients to impose restrictions on investing in
certain securities or types of securities due to the level of difficulty this would entail in managing
their account. Exceptions will be made on a case-by-case basis.
Participation in Wrap Fee Programs
Our firm does not offer or sponsor a wrap fee program. All clients previously under a Wrap Asset
Management agreement have been transitioned to a non-wrapped service.
Regulatory Assets Under Management
As of December 31st, 2023, our firm manages $54,323,412 on a discretionary basis and $66,763,164
on a non-discretionary basis, totaling an aggregate $121,086,576 in Assets Under Management.