Investment Partners Asset Management

David F. Bellet founded the firm in 1995 and serves as Chairman. His background includes senior positions at Merrill Lynch and EF Hutton. The firm operates an investment committee structure for portfolio decisions, though individual strategy leads are not publicly identified. Bellet also chairs the Board of Trustees for the Crowell family of mutual funds.

David Bellet chairs the Board of Trustees for the Crowell family of mutual funds, and IPAM serves as a sub-advisor to several strategies within that complex. This creates a structural link between IPAM's separate account business and the publicly available mutual fund platform. The arrangement allows IPAM to manage assets for both institutional separate account clients and retail fund shareholders under the Crowell umbrella.

No. IPAM does not operate a proprietary mutual fund complex. The firm structures its client relationships as separately managed accounts. The only pooled vehicles associated with the firm are the Crowell mutual funds, for which IPAM acts as sub-advisor, not sponsor or distributor.

The firm manages separate account strategies across three broad asset classes: domestic equities, international equities, and fixed income. Within equities, mandates include large-cap growth, large-cap value, and small-to-mid cap core. International strategies cover developed markets. The firm emphasizes bottom-up fundamental research and long-term holding periods.

IPAM does not publicly disclose its regulatory assets under management. The firm operates as a privately held, employee-owned boutique and has historically kept its scale confidential. No public filing or media report provides a current AUM figure.