Michel Bethea
Michel Bethea is a registered investment advisor at Covato Capital Management, LLC, based in Naples, FL, with 6 years of industry experience. Michel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Retirement Planning, Tax Planning. Their firm serves 28 clients with $14M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $1.0M | 1.10% |
| $1.0M - $3.0M | 0.90% |
| $3M+ | 0.65% |
Fees are negotiable. CCM may combine the account values of family members living in the same household to determine the applicable level of advisory fees to be charged.
Fee Estimator
Location
Naples, FL
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michel is involved in several business activities, including fixed insurance sales and client acquisition for investment advisory services and fixed insurance through McAdams Group, LLC, taking up his full time. He also uses Retirement Income Source, LLC for marketing purposes and owns rental property, but these activities do not require any of his time. Additionally, Michel owns 25% of Access Direct Insurance, providing P&C insurance services, but this also does not require any of his time.
Employment History
Current Registrations
Covato Capital Management, LLC
Previous Registrations
Sound Income Strategies, LLC
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
MML Investors Services, LLC
MML Investors Services, LLCBroker
Nylife Securities LLCBroker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.