Belpointe Asset Management provides customized investment management services to a variety of clients including individuals and businesses. It employs nearly 100 financial advisors who oversee more than $1.32 billion in assets. They can deliver investment advice on various topics from short-term goals to retirement saving and funding your child’s college education.
The firm is a registered investment advisor (RIA) based in Greenwich, Connecticut.
Belpointe Asset Management Background
Belpointe Asset Management formed in 2007. It’s indirectly owned by Gregory H. Skidmore and Brandon Lacoff through Belpointe Financial Holdings, LLC.
Skidmore, who founded Belpointe Asset Management, has nearly 20 years of experience in the investment advisory industry.
Belpointe Asset Management Client Types and Minimum Account Sizes
Belpointe Asset Management advises individual investors, corporations, investment companies and trusts. You don’t need to meet a minimum asset level to open an account with the firm.
Services Offered by Belpointe Asset Management
Financial advisor representatives offer advice such investment goals as:
- Funding your child’s education through 529 college savings plans and other vehicles
- Saving for retirement
- Growing assets
- Income planning
The firm’s investing strategies offer exposure to various sectors including domestic, international and emerging markets. These strategies are available through the firm’s Tactical Integration Program (TIP) and Collaborative Investment Program (CIP), both of which are wrap fee.
Belpointe Asset Management Investing Strategies
Belpointe Asset Management engages in various model-based and computer-assisted strategies, which we explain below.
Fundamental Investing: In seeking long-term investing opportunities, the firm’s team examines underlying financial factors of different businesses in order to determine if they are favorable to invest in. This strategy encomposses stocks from across the globe in order to better diversify clients’ portfolios.
Alpha Select (Quantitative Strategies): The firm uses technological tools to identify attractive stocks across various sectors. These stocks are ranked based on five major categories, which are value, growth, industry, earnings momentum and dividends. Bellpointe can also back-test these stocks through any market environment.
Tactical Strategies: These strategies are best for helping investors who are in need of equity exposure but can’t afford risks in a bear market. With technological assistance, advisors aim to identify asset classes that may be undergoing an unfavorable trend or approaching a bear market.
Fees Under Belpointe Asset Management
Belpointe Asset Management may charge fees based on a percentage of assets under management (AUM), as a fixed fee or on an hourly basis.
While the firm doesn’t publish its annual asset-based fee schedule, it states that they won’t surpass 2.50%. The maximum hourly fee is $300.
Asset-based fees are calculated on an annualized percentage of AUM, assessed quarterly in advance. Pro-rata fees will be assessed in the event your advisory agreement is executed other than the first day of the new calendar quarter.
Because the firm sponsors two wrap-fee investment management programs, these fees typically would cover portfolio management and administrative expenses. But the wrap fee may not include other fees not paid to the firm but which would affect your account regardless. These may include the following:
- SEC fees
- Exchange fees
- Advisory fees and administrative fees charged by third party, unaffiliated mutual funds, exchange-traded funds (ETFs) or other investment products
- Custodial fees
- Deferred sales charges (on mutual funds or annuities)
- Odd-lot differentials
- Deferred sales charges (charged by mutual funds)
- Transfer taxes
- Wire transfer and electronic fund processing fees
- Commissions or mark-ups / mark-downs on security transactions, among others that may be incurred
- Early settlement when selling a security
- Mutual fund early redemption fees and other services provided by the custodian / broker-dealer
What to Watch Out For
Some investment advisor representatives of Belpointe Asset Management may be affiliated with other financial services firms. These other affiliations may pose potential conflicts of interest. With every recommendation, clients should know the basis and whether and how the advisor and firm may benefit.
In the past 10 years, Belpointe Asset Management has not been involved in any legal or disciplinary events. For the latest information, access the firm’s Form ADV, which provides detailed information about the firm’s business practices, on the Securities and Exchange Commission's Investment Adviser Public Disclosure site.
Tips for Finding the Right Financial Advisor
- Interview at least three advisors. This ensures that you have enough information to compare and contrast. To find more suitable advisors, use our advisor matching tool. It links you with up to three local advisors based on your answers to questions about your preferences and needs.
- Ask if candidates adhere to the fiduciary duty of always putting clients' interests first. Ideally, you want someone who answers yes. But there are advisors who, in their other capacities, only have to recommend what's suitable, rather than what's in their clients' best interest.
All information was accurate as of the writing of this article.