The world of non-financial assets demands careful navigation. Buying or selling such assets often involves intricate processes, specialized knowledge, and potentially significant transaction costs.

What are non-financial assets?

Non-financial assets include tangible items like art, collectibles, real estate, precious metals and other “hard” assets and intangible items like intellectual property, closely held business interests, rights and royalties; and other high-value assets.

When it comes to wealth optimization, non-financial assets can offer attractive opportunities. They can also present some formidable challenges. This is mainly due to their unique characteristics which include:

• They are less liquid than financial assets.
• They can be difficult to value.
• They can be difficult and expensive to insure.
• They can be difficult and expensive to buy and sell.
• Intangible assets can be completely overlooked.

Non-financial assets are often overlooked in building a comprehensive wealth management strategy. We offer advice and assistance with both hard assets like art, collectibles, and real estate, as well as intangible considerations such as intellectual property, rights, and royalties, and closely held business interests.

We can help you develop a comprehensive approach to how to best manage and consider these assets in your overall financial view. Contact us to learn more.