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For Financial Professionals

RIAs Can Use The Bison Funds.

Deliver tax-advantaged, alternative income solutions to your clients. The Bison Funds give Registered Investment Advisors a way to help clients reduce tax liability and produce passive income that’s uncorrelated with stocks or bonds.

Your Clients Stay Yours

We sign a Non-Circumvention Agreement before any introduction.

The trust between you and your client is hard-earned. Before any client introduction, we sign a mutual Non-Circumvention Agreement that contractually protects that relationship.

Whether or not your client invests in a Bison Fund, we will not solicit, contact, or accept future business from them outside of the introduction you have made. Your relationship stays your relationship.

We’ll send the agreement before our first call — or earlier on request. Standard mutual language, reviewed by counsel, and editable within reason if your firm requires specific terms.

The Current Fund

Bison II Portfolio at a Glance.

Bison II owns interests in multiple producing wells, with quarterly distributions beginning in Q2 of 2026.

Delaware Basin· Midland Basin· Bone Springs· Wolfcamp· Spraberry
13 Properties
258 Total Wells
446 Net Mineral Acres
5 Counties
51 PDP Wells
7 Permits
198 Upside Locations*

Acres by County

  • Reeves325.7 ac
  • Glasscock68.5 ac
  • Dawson40.0 ac
  • Loving10.0 ac
  • Howard2.2 ac

Wells by Basin

  • Delaware201 wells
  • Midland57 wells

Formations

  • Bone Springs
  • Wolfcamp A/B/C/D
  • Spraberry
  • Dean

Portfolio statistics as of end of Q1 2026. *Upside locations reflect identified, non-producing horizontal drilling opportunities and are not a guarantee of future development or production. Distributions are not guaranteed and are subject to commodity prices, drilling and operational performance, and the terms of the partnership’s governing documents.

Three Pressures, One Solution

Your clients want more than portfolio growth.

Registered Investment Advisors face growing pressure to deliver beyond market returns — they must also help clients reduce taxes, generate passive income, and diversify beyond traditional markets. The Bison Funds offer a compelling solution: direct ownership in oil and gas working interests in the Permian Basin.

Each $100,000 investment unit targets double-digit returns with substantial tax benefits. The fund is structured with a built-in exit strategy — investors should expect a 3–5 year hold period, followed by a market-driven liquidity event.

Why RIAs Use Bison

Solve Both Sides of the Equation

Bison lets you deliver tax mitigation and income generation in a single allocation — without adding market correlation to the client’s portfolio.

Reduce Tax Liability

Targeting up to ~90% first-year deduction against active or passive income, driven by long-standing federal provisions for domestic oil and gas working interests.

Passive Income

Quarterly distributions tied to well production deliver a steady stream of passive income through the life of the fund.

Uncorrelated Returns

Direct ownership of real assets, with cash flow uncorrelated to equity and bond benchmarks.

Built-In Exit

3–5 year target hold followed by a market-driven liquidity event.

Diligence-Ready

Third-party audits, independent due diligence reports, and institutional-grade investor reporting available for advisor review.

The Tax Advantage

A line in the tax code that has existed since 1913.

Oil and gas working interests are among the most tax-advantaged asset classes in the U.S. tax code. Substantial first-year deductions stem from three long-standing federal provisions, applied in tandem.

  • Intangible Drilling Costs (IDCs)IRC §263(c)The labor, fuel, supplies, and site work that go into drilling a well. Generally deductible in the year incurred against the investor’s applicable income classification.
  • Tangible Drilling Costs (TDCs)IRC §168The hard equipment — rigs, casing, machinery, and wellhead components. Depreciated under MACRS on a multi-year schedule.
  • Depletion AllowanceIRC §§611–613An ongoing deduction against gross income as reserves are produced. Available as either cost depletion or percentage depletion.
  • Year-One DeductibilityCombined, IDCs, TDCs, and depletion typically generate the substantial first-year reduction in taxable income that defines this asset class for high-income investors.
Built for Advisors

The diligence layer is already in place.

Registered Investment Advisors get the materials they need to evaluate suitability, complete compliance review, and onboard clients — without rebuilding the diligence stack themselves.

Third-Party Fund Administrator100%
Third-Party Auditor100%
Independent Due Diligence100%
Quarterly Investor Reporting100%
K-1 Tax Reporting100%

Let’s walk through a real client scenario.

Bring us a client situation — income profile, tax exposure, time horizon — and we’ll model how the Bison Funds could fit. We’ll handle suitability, compliance, and onboarding alongside you.

Schedule a Call Back to Energy