Tortoise Index Solutions, LLC (Leawood)

Name: Tortoise Index Solutions, LLC
Address: 11550 Ash Street, Leawood, KS, 66211
Telephone: 913-890-2188

Tortoise Index Solutions, LLC is a large advisory firm based in Leawood. It manages $298.8 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Kansas.

Tortoise Index Solutions provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tortoise Index Solutions: assets under management

The assets under management (AUM) of Tortoise Index Solutions, LLC is $298.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1470% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $298.8 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $149.4 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tortoise Index Solutions, LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Harold Kevin Birzer serves?

The only and largest group of clients of Harold Kevin Birzer is investment companies with 2 clients and $298.8 million of assets under management. Among the 8 most similar advisory firms, Tortoise Index Solutions has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $298.8 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Tortoise Index Solutions doesn't advise any private funds.

Careers at Tortoise Index Solutions, LLC

The company employs 4 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Harold Kevin Birzer has been acting as President since 1 Jun 2015. Gary Paul Henson joined the executive team most recently as the Director And President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Tortoise Holdings	Member	1 Feb 2015	75% - 100%	27-0904673
Diane Marie Bono	Chief compliance officer	1 Feb 2015	Other	5157289
Connie Savage	Chief operating officer	1 Feb 2015	Other	6481188
Paul Bradley Adams	Manager	1 Feb 2015	Other	1265392
Jeremy Michael Goff	Manager	1 Feb 2015	Other	5704817
Zachary Alan Hamel	Manager	1 Feb 2015	Other	4520510
Michelle Ross Kelly	Manager	1 Feb 2015	Other	4131976
Llc (Formerly Tortoise Holdings Llc) Tortoise Investments	Member	1 Feb 2015	75% - 100%	27-0904673
Harold Kevin Birzer	Director	1 Jun 2015	Other	1410255
Tortoise Borrower Llc	Member	1 Jan 2018	75% - 100%	82-4203481
Matthew Gregory Preston Sallee	Director	1 Jan 2018	Other	6193390

Indirect Owners

The SEC currently registers 30 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Martin Christopher Bicknell	Elected manager	1 Jul 2007	Other	2007121
Llc Bicknell Family Holding Company	Member	1 Apr 2008	75% - 100%	26-0534255
Harold Kevin Birzer	Director	1 Sep 2009	Other	1410255
Martin Christopher Bicknell	Director	1 Sep 2009	Other	2007121
Gary Paul Henson	Director	1 Sep 2009	Other	2130871
Llc Mariner Holdings	Managing member	1 Jan 2010	75% - 100%	26-2766689
Llc Montage Investments	Member	1 Jan 2010	50% - 75%	152607
Lovell Minnick Equity Advisors Iv Lp	General partner	1 Jan 2014	Other	46-5104838
Terry Clyde Matlack	Director	1 Jan 2015	Other	4603498
Kenneth Peter Malvey	Director	1 Jan 2015	Other	4619239
Zachary Alan Hamel	Director	1 Jan 2015	Other	4520510
David John Schulte	Director	1 Jan 2015	Other	1947006
Llc Bicknell Family Holding Company	Manager	1 Feb 2015	75% - 100%	26-0534255
Harold Kevin Birzer	Director and chief executive officer	1 Jan 2018	Other	1410255
Gary Paul Henson	Director and president	1 Jan 2018	Other	2130871
Robert Myles Belke	Director	1 Jan 2018	Other	2287759
Jeffrey Dale Lovell	Director	1 Jan 2018	Other	1095362
William Bradford Armstrong	Director	1 Jan 2018	Other	5395988
Michelle Ross Kelly	Chief strategy officer	1 Jan 2018	Other	4131976
Connie Jean Savage	Chief operating officer	1 Jan 2018	Other	6481188
Tortoise Parent Holdco Llc	Sole member	1 Jan 2018	75% - 100%	82-4180414
Llc Tortoise Investments	Sole member	1 Jan 2018	75% - 100%	27-0904673
Lm Tortoise Holdings Llc	Member	1 Jan 2018	50% - 75%	82-3110164
Lm Tortoise Investment Holdings Iv Co Investment Llc	Member	1 Jan 2018	50% - 75%	83-3172108
Lm Tortoise Holdings Co Investment Llc	Member	1 Jan 2018	25% - 50%	82-3139022
Hcf4 Holdings Llc	Member	1 Jan 2018	25% - 50%	81-3059511
Lm Tortoise Investment Holdings Iv Llc	Managing member	1 Jan 2018	50% - 75%	82-3071148
Lovell Minnick Equity Partners Iv Lp	Member	1 Jan 2018	50% - 75%	46-5097191
Lm Tortoise Investment Holdings Iv A Inc.	Member	1 Jan 2018	25% - 50%	82-3057611
Lovell Minnick Equity Partners Iv A Lp	Owner	1 Jan 2018	75% - 100%	46-5084347

Based in Leawood

The principal office where Tortoise Index Solutions, LLC performs its advisory services is located at 11550 Ash Street, Leawood, KS 66211, 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 913-890-2188 or by fax 913-890-2189. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at tortoiseindexsolutions.com.