Flowstone Partners, LLC (Avon)

Flowstone Partners, LLC is an investment adviser to an investment company based in Avon. It manages $30.23 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Connecticut and New York.

Flowstone Partners 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.

Flowstone Partners: assets under management

The assets under management (AUM) of Flowstone Partners, LLC is $30.23 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $30.23 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $30.23 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Flowstone 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.

What kind of clients Scott Peter Conners serves?

The only and largest group of clients of Scott Peter Conners is investment companies with 1 clients and $30.23 million of assets under management. Among the 3 most similar advisory firms, Flowstone Partners has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $30.23 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Flowstone Partners doesn't advise any private funds.

Careers at Flowstone Partners, LLC

The company employs 7 people that are either part- or full-time employees. 86 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.

Scott Peter Conners has been acting as President since 1 Mar 2019. Kenton Keller Pettit joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scott Peter Conners	President	1 Mar 2019	Other	4881432
Llc Cresset Partners	Managing member	1 Mar 2019	75% - 100%	82-2135063
Kenton Keller Pettit	Chief compliance officer	1 Apr 2019	Other	1979430

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Avy Howard Stein	Elected manager	1 Jan 2017	25% - 50%	1462029
Grantor) Edb Telecom Trust Uad 1/3/2005 (Eric Becker	Member	1 Jan 2017	25% - 50%	xxx-xx-xxxx
Eric David Becker	Elected manager	1 Jan 2017	Other	6024060
Cresset Intermediate Holdco Llc	Managing member/holding company	1 Aug 2018	75% - 100%	82-4925961
Llc Cresset Capital Management	Managing member/holding company	1 Aug 2018	75% - 100%	81-5026424

Based in Avon

The principal office where Flowstone Partners, LLC performs its advisory services is located at 55 Nod Road, Suite 120, Avon, CT 06001, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-429-2419. The normal business hours are 9:00am to 5:00pm on Monday - Friday.