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Freestate Advisors LLC

CIK:0001660328
Investment Adviser
$160M AUM
42 holdings
Overland Park, KS, United States
Founded:2011
9 employees
Latest filing:Sep 30, 2025

Freestate Advisors LLC is an independent, fiduciary investment advisory and financial planning firm headquartered in Overland Park, Kansas. Founded by Tom Halvorson and Brett Conley, the firm offers financial planning, retirement plan consulting, and investment management services to individual clients and retirement plan sponsors. The firm is registered with the SEC (CIK: 0001660328), employs approximately 8-9 professionals, and serves both high-net-worth and non-high-net-worth individuals, as well as charitable organizations. Freestate Advisors operates with a client-centered focus, aiming to provide education and advanced investment strategies.

Investment Strategy

Freestate Advisors employs its proprietary SmartRisk Investment Process™. The firm emphasizes a collaborative approach to understand each client’s needs and goals, delivering customized portfolios and wealth management solutions. Their strategy is grounded in fiduciary duty, careful planning, and a focus on achieving better financial outcomes for individuals and retirement plan participants. Their approach challenges traditional investment advice by integrating modern, research-driven strategies to manage risk and pursue client-specific objectives.

Top Buys
V
VOOVANGUARD INDEX FDS
+$2.0M
S
SPYVSPDR SERIES TRUST
+$1.8M
S
SPYSPDR S&P 500 ETF TR
+$1.3M
A
AVUVAMERICAN CENTY ETF TR
+$766.3K
C
CGSDCAPITAL GRP FIXED INCM ETF T
+$600.6K
Top Sells
S
SCHGSCHWAB STRATEGIC TR
-$1.4M
J
JBBBJANUS DETROIT STR TR
-$294.9K
W
WHRWHIRLPOOL CORP
-$202.1K
B
BILSPDR SERIES TRUST
-$94.6K
S
SHYISHARES TR
-$86.5K

Top Holdings

S
SPYVSPDR SERIES TRUST
+15.9%$19.0M
V
VOOVANGUARD INDEX FDS
+13.5%$16.1M
S
SCHFSCHWAB STRATEGIC TR
+12.0%$14.3M
A
AGGISHARES TR
+10.7%$12.7M
S
SHYGISHARES TR
+9.1%$10.8M

Equity Positions (42)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
S
SPYV
SPDR SERIES TRUST15.91%$19.0M342,740$52.97$55.33+$1.8M
V
VOO
VANGUARD INDEX FDS13.48%$16.1M26,238$538.04$612.38+$2.0M
S
SCHF
SCHWAB STRATEGIC TR12.00%$14.3M614,482$20.30$23.28-$3.6K
A
AGG
ISHARES TR10.69%$12.7M127,161$100.13$100.25+$390.4K
S
SHYG
ISHARES TR9.09%$10.8M250,361$43.19$43.30+$441.4K

Industry Allocation

ELECTRONIC COMPUTERS
+0.9%
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
+0.7%
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
+0.5%
RADIOTELEPHONE COMMUNICATIONS
+0.5%
COMPUTER & OFFICE EQUIPMENT
+0.5%