Lionstone Partners, LLC is a large advisory firm based in Houston. It manages $4.18 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Texas.
Lionstone Partners provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Lionstone Partners, LLC is $4.18 billion. The firm's AUM has grown by 22% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Lionstone Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Jane Bass Page is pooled investment vehicles with 13 clients and $4.04 billion of assets under management. Among the 13 most similar advisory firms, Lionstone Partners has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $4.18 billion for 14 clients. None of the firm’s clients are foreign persons or businesses.
Lionstone Partners also advises several private funds. Namely, four hedge funds and nine real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.
The company employs 60 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Jane Bass Page has been acting as President since 1 May 2014. Llc Columbia Management Investment Advisers joined the executive team most recently as the Managing Member.
The principal office where Lionstone Partners, LLC performs its advisory services is located at 712 Main Street, Houston, TX 77002, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 713-533-5860 or by fax 713-533-5897. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at lionstoneinvestments.com.