# Michel Bethea

> Michel Bethea is a fee-only financial advisor at Covato Capital Management in Naples, Florida. Michel focuses on estate & legacy planning and family wealth transfer. Covato Capital Management reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/michel-bethea/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Covato Capital Management
- **Based in:** Naples, Florida
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Fixed fees
- **Assets under management (firm):** $16.2M across 55 accounts
- **Specialties:** Estate & legacy planning, Family wealth transfer
- **Works with:** High earners, Multi-generational families
- **CRD:** 7006846 (https://adviserinfo.sec.gov/individual/summary/7006846)
- **SEC registration:** Investment adviser representative in FL
- **Exams passed:** Series 63 (2019), Series 65 (2022)
- **Firm size:** 4 employees
- **Disclosures:** None reported
- **Website:** http://www.covatocapital.com

## Frequently asked questions

### Is Michel Bethea a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Michel holds no broker registration, and Covato Capital Management reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Michel charge for financial advice?

Michel's firm, Covato Capital Management, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.

### Where is Michel Bethea based?

Michel Bethea is based in Naples, Florida.

### What does Michel specialize in?

Michel's specialties include estate & legacy planning and family wealth transfer. Michel works with high earners and multi-generational families.

### Is Michel Bethea registered with the SEC?

Yes. Michel Bethea is registered as an investment adviser representative in FL (CRD 7006846), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Covato Capital Management manage?

Covato Capital Management reports $16.2M across 55 accounts in assets under management.

### How do I contact Michel Bethea?

Through Michel's website, www.covatocapital.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/7006846): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://covatocapital.com/): specialties, clients served, and fees, checked October 30, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.