Belvedere Capital Partners

Owner Jonathan Allen functions as the sole portfolio manager and decision-maker. He structures client portfolios individually, applying a strategy that combines direct equity selection with options-based hedging and income generation. No investment committee or additional analysts are disclosed. Clients speak directly with Allen for all service and strategy matters, as the firm emphasizes a single point of contact without intermediaries.

Allen overlays options on client equity holdings primarily to provide hedging and supplemental income, according to the firm’s description. Portfolios are measured against standard benchmarks like the SPY and AGG ETFs, with risk-adjusted metrics including Sharpe ratio and max drawdown tracked. For taxable accounts, the firm prioritizes holding periods exceeding one year and uses tax-loss harvesting to manage capital gains exposure.

No. The firm does not hold or take custody of client funds. All assets are held at Interactive Brokers, a publicly traded Fortune 500 company. Belvedere acts solely as an investment manager with trading authority on client accounts. Clients can independently verify their holdings and request fund transfers directly through the custodian at any time.

The firm charges asset-based management fees that are negotiable and dependent on the amount invested. It explicitly states it does not sell commission-heavy products such as whole life insurance. No separate performance fee arrangement is mentioned, indicating a standard fee-only, fiduciary model under its registered investment advisor structure.

The firm targets high-net-worth individuals, families, corporations, and endowments seeking long-term growth and capital preservation. There are no disclosed account minimums. Service capability is broad, with the firm claiming it can accommodate clients in more than 200 countries through the Interactive Brokers custodial platform.

Portfolio construction follows a collaborative six-step process starting with a discovery meeting. The centerpiece is a joint Investment Policy Statement that codifies client goals, constraints, and risk tolerance. Allen then designs a bespoke portfolio, with continuous monitoring and adjustments made as client circumstances or market conditions change.

No other investment professionals, partners, or support staff are publicly identified. The firm's value proposition centers on Allen's direct availability and decision-making authority as both owner and portfolio manager, presenting a deliberately minimal organizational structure compared to multi-advisor wealth management practices.