Belleair Asset Management, LLC

Belleair Asset Management, LLC provides investment management, financial planning, and participant-directed employee benefit plan services to individuals, qualified retirement plans, trusts, not-for-profit organizations, and small businesses. As of December 31, 2025 the firm managed roughly $234 million in client assets across about 125 client relationships and generally charges advisory fees based on a percentage of assets under management.

The firm’s investment approach is grounded in Modern Portfolio Theory and an efficient‑markets view, favoring diversified, passive asset‑class allocations implemented primarily with low‑turnover mutual funds and ETFs, buy‑and‑hold strategies, and written Investment Policy Statements; Monte Carlo analysis is used to inform asset allocation. Belleair also uses model portfolios and third‑party independent managers (notably Focus Partners AdvisorSolutions as its primary Independent Manager and, in some cases, DFA or AQR for specific mandates), and it may construct laddered individual bond portfolios or retain individual equities for tax or client‑specific reasons.

Belleair is unusual for managing a relatively large pool of assets given its two‑advisor team, and for maintaining an affiliated accounting firm, Belleair Tax Consultants, LLC, which can generate referrals while remaining separate in engagement and compensation. The firm also leverages FPAS for back‑office and model management, offers a third‑party cash aggregation product (Flourish Cash), and at times uses less‑liquid vehicles such as interval funds when they align with a client’s objectives.