Covato Capital Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Covato Capital Management provides fee-based investment advisory and financial planning services primarily to individual and high‑net‑worth clients, delivering discretionary and non‑discretionary portfolio management, model portfolios, and standalone financial plans. The firm also offers coordination with Independent Managers and tools to monitor held‑away retirement accounts through a third‑party aggregation platform.
Portfolios are customized across a mix of mutual funds, ETPs, individual stocks and bonds and, when appropriate, options, leveraged/inverse ETPs, and short sales; the adviser employs fundamental, technical, and charting analysis and rebalances accounts based on client objectives and market conditions. CCM takes an educational approach on topics such as retirement rollovers and may recommend private placements or sub‑advisors when suitable while asking clients to review offering materials and consult independent advisors.
What is distinctive about the firm is its affiliation with entities that sponsor and manage a privately offered pooled investment vehicle and with a commodity trading affiliate that is registered as a commodity pool operator (with associated personnel holding commodity registrations). These relationships — and the fact that shared personnel may receive indirect compensation from the affiliated fund — are disclosed and subject to the firm’s conflict‑of‑interest controls; the small advisory team also includes professionals with aviation backgrounds and licensed insurance activities, which the firm discloses as part of its business profile.
Client services
Expertise
Occupation focus
Fee options
Fixed fees typically ranging from $500 to $2,000 per engagement for Financial Planning and Consulting Services.
$0 - $999,999.99: 1.25% annually $1,000,000 - $2,999,999.99: 1.00% annually $3,000,000 - $4,999,999.99: 0.85% annually $5,000,000 and above+: 0.75% annually
Insurance commissions and fees from sale of insurance products; separate from advisory fees.
Hourly fees typically ranging from $50 to $200 per hour for Financial Planning and Consulting Services.
Account minimum: $500,000 Minimum fee: Minimum annual advisory fee of $2,000 for Portfolio Management Services; minimum fees of $500 per engagement for Financial Planning and Consulting Services. Fee-only: Fixed fees typically ranging from $500 to $2,000 per engagement; hourly fees typically ranging from $50 to $200 per hour for Financial Planning and Consulting Services.
Main office
Naples FL
Advisors at this office
3
Most active in
Florida · Texas
Also doing business as
Covato Capital Management, LLC · Covato Sincore Capital Management, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
Advisors at this firm
Michel B
Series 63, Series 65
Naples, FL
Covato Capital Management, LLC
Michel Bethea is a financial advisor with Covato Capital Management, LLC, holding Series 63 and Series 65 licenses and six years of industry experience. His prior roles include positions at New York Life Insurance Company and Mass Mutual Life Insurance Company, among others. Outside of advisory work, he is a 25% owner of ACCESS DIRECT INSURANCE, a firm providing property and casualty insurance services. Covato Capital Management, LLC is a fee-based registered investment adviser serving individuals, trusts, and other entities with customized portfolio management and financial planning. The firm manages approximately $14.37 million in discretionary assets and utilizes a range of investment vehicles, including mutual funds, ETPs, individual securities, and model portfolios, while also engaging in sponsored private investment vehicles and commodity trading activities through affiliated entities.
Tony G
Series 66, Series 65
Naples, FL
Covato Capital Management, LLC
Tony Gordon is a financial advisor at Covato Capital Management, LLC with three years of industry experience. He holds Series 65 and Series 66 licenses. Prior to joining Covato Capital Management, he held positions at Paragon Flight, Bank of America, Merrill Lynch, and Roche Financial. Covato Capital Management provides fee-based investment advisory and financial planning services primarily to individual and high-net-worth clients. The firm offers discretionary and non-discretionary portfolio management, customized portfolios using a range of investment vehicles, and employs both fundamental and technical analysis, with affiliated entities involved in pooled investment vehicles and commodity trading.
Christopher C
Series 63, Series 65
Naples, FL
Covato Capital Management, LLC
Christopher Covato is a financial advisor at Covato Capital Management, LLC with 10 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at CS Planning Corp and Covato Capital Management, LLC. Outside of his advisory role, Mr. Covato is a Captain and Simulator Check Airman for Atlas Air Inc., where he has been employed since 1999, flying Boeing 747s. Covato Capital Management, LLC is a fee-based registered investment adviser serving individuals, trusts, and other entities, including high-net-worth clients. The firm offers customized portfolio management and financial planning, utilizing a range of investment vehicles and model portfolios, and is notable for its involvement with sponsored private investment vehicles and commodity trading activities.
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