Form CRS – Client Relationship Summary
Date: 03/2025
Introduction
Belpointe Asset Management, LLC is an investment adviser registered with the U.S. Securities and Exchange
Commission. Brokerage and investment advisory services and fees differ, and it is important that you understand
the differences. Free and simple tools are available to research firms and financial professionals at
Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and
investing.
What investment services and advice can you provide me?
We provide investment advisory services, including discretionary and non-discretionary investment management
and financial planning and consulting services to retail investors. We also sponsor and provide discretionary
investment management services to a wrap program that is offered to retail investors, the Portfolio Manager’s
Program (“PMW”).
Our standard services include ongoing monitoring of your supervised investments. When engaged on a
discretionary basis, you provide us the limited authority to buy, sell, trade and allocate investments within your
account(s) consistent with your investment objectives. When you hire us on a non-discretionary basis, you make
the ultimate decision regarding the purchase or sale of each investment and we will obtain your approval prior to
executing any transactions in your account. We do not limit the scope of our investment advisory services to
proprietary products or a limited group or type of investment. We do not have a minimum account size or
investment amount. Additional information about our advisory services is found in Items 4, 5, 7 & 16 of
our “Firm Brochure”.
Questions to ask us:
● Given my financial situation, should I choose an investment advisory service? Why or why not?
● How will you choose investments to recommend to me?
● What is your relevant experience, including your licenses, education, and other qualifications?
What do these qualifications mean?
What fees will I pay?
We charge an annual fee (typically assessed quarterly in advance) based upon the amount of assets we are
managing for you. Our fee is negotiable, depending upon various factors including but not limited to: (the
amount of assets to be managed; portfolio composition; the investment portfolio selected; the scope and
complexity of the engagement; the anticipated number of meetings and servicing needs; related accounts; the
professional(s) rendering the service(s); and relationships with Belpointe and/or its representatives) but will not
exceed 2.5% annually. The more assets you have in your advisory account(s), the more you will pay us.
Therefore, we have an incentive to increase those assets in order to increase our fees. In a wrap fee program, you
will pay an asset-based fee for advisory services and most transaction costs/fees to a broker-dealer/bank that has
custody. As a result, wrap program fees are higher than a typical asset-based advisory fee. Belpointe uses
solicitors for client introductions so part of your annual fee might be used to pay that solicitor.
Fees for financial planning and/or consulting services are negotiable, and charged on either a flat fee basis up to
$10,000 or an hourly fee basis of up to $500 per hour. Exceptions are granted given the scope of the plan.
The fees we charge are exclusive of brokerage commissions, wrap program fees, transaction fees, custodial fees,
exchange fees, SEC fees, transfer taxes, wire transfer, electronic fund fees, and other related costs and expenses.
You will pay fees and costs whether you make or lose money on your investments. Fees and costs will
reduce any amount of money you make on your investments over time. Please make sure you understand
what fees and costs you are paying. For more detailed information about our fees and costs, please see
Item 5 of our Firm Brochure.
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