Asset Management

Physical asset management for high-net-worth individuals involves the registration, comprehensive administration and maintenance of tangible assets such private yachts, private aircrafts, and real estate. Proper management of these assets is paramount for various reasons:

1. Preservation of Value: Our effective management ensures that your assets are maintained in optimal condition, preserving their value over time. Assets are more appealing to potential buyers, leading to a higher selling price.

2. Cost-Efficiency: Managing physical assets involves ongoing expenses for maintenance, insurance, security, and more. We at FIN Consult can optimize these costs, ensuring that resources are utilised efficiently, and wastage is minimized.

3. Legal and Regulatory Compliance: Malta, as a jurisdiction, has specific regulations and requirements for the ownership and operation of assets such as yachts and aircrafts.  We ensure compliance with all juridical requirements, reducing your risk of legal issues and potential fines. We also engage into a detailed assessment of the ownership structure of the assets allowing you to maintain control over the assets whilst enjoying a minimisation of costs and taxes incentives.

4. Maximizing Utility: Our efficient management ensures that these assets are generating the maximum utility available. This is not only for the reasons of chartering and leasing however also for the scheduling of maintenance during non-peak periods or coordinating travel schedules for private aircrafts and Yachts optimizes the utility of these assets.

5. Risk Mitigation: Our asset management includes risk assessment and mitigation strategies to protect your assets and you as an individual.

In conclusion, proper management of physical assets for high-net-worth individuals in Malta is essential for maintaining and growing your wealth. It encompasses a range of activities aimed at preserving asset value, ensuring legal compliance, optimizing costs, and maximizing utility. Our management can contribute to the long-term success and financial security of high-net-worth individuals with assets in Malta.