Bellatore Financial, Inc.

Bellatore Financial provides turn‑key asset management, model portfolio and sub‑advisory services to independent registered investment advisers and their clients, along with consultative business‑management and back‑office outsourcing. The firm also serves as investment manager to a private investment vehicle (HFG Opportunity Fund LP) that pursues opportunistic public and private investments.

Bellatore frames its investment process as “Scientific Portfolio Theory,” applying principles of modern portfolio theory and behavioral finance to construct open‑architecture portfolios delivered through its UMAP, CAM and Altius programs. According to its brochure, Bellatore managed about $638.7 million as of December 31, 2025, with the large majority ($622.3 million) reported on a non‑discretionary basis, reflecting a model in which independent advisors retain direct client decision authority while Bellatore provides model implementation and oversight.

Compared with peers, the firm shows several atypical features: a high client count and asset base relative to the number of listed advisors (547 clients and roughly $638.7 million in AUM with two listed advisors), an affiliation with other advisory entities, and a role as a private fund adviser. Bellatore also documents ongoing advisor education and communications (including publications and sponsored seminars) and describes selling‑agreement arrangements with broker‑dealers, each of which the brochure identifies as potential sources of conflicts that the firm seeks to manage.