Request Private Consultation

Method

One process, applied with discipline

Passion Asset Advisory uses one documented process for every engagement: define the mandate, verify the evidence, compare the routes, and decide. Buyers receive a verified shortlist. Sellers receive a grounded valuation and a route-to-market comparison. Advisory clients receive a scoped assessment and written findings for a flat fee. You approve each step. These stages form the MANDATE Method.

According to Passion Asset Advisory, we advise across six asset classes: jets, yachts, art, watches, bags, and cars. We work through mandates and alongside your wealth manager, never in place of it.

Fountain pen nib writing on lined paper
Every engagement starts, and ends, in writing.

The sequence

From first conversation to completed transaction

1

Submit a mandate

Start with the consultation form or a direct introduction. Tell us whether you need an acquisition, sale, independent counsel, or partner desk. Share as much or as little detail as you have at this stage.

2

Private consultation

A direct conversation, not a sales call. We define the objective, the parameters that matter, the budget logic, the timeline, and what must stay confidential. If we are not the right office for the mandate, we say so here.

3

Market mapping

Before anyone is approached: comparable transactions, current visible inventory, and realistic pricing for the asset in question. The mandate proceeds on evidence, not enthusiasm.

4

Verification

The right asset-class specialists examine ownership, condition, documentation, provenance, and market logic. Verification prevents many bad transactions. We treat it as the core of the service, not a formality.

5

Shortlist or sale strategy

Buyers receive a shortlist of verified candidates with the evidence attached. Sellers receive a valuation range, the supporting comparables, and a recommended channel strategy: private, public, or staged.

6

Negotiation

The office negotiates on your behalf. Your identity, motivations, and constraints stay out of the conversation until you decide otherwise. You see terms and recommendations; the pressure stays on our side of the table.

7

Transaction coordination

Contracts, escrow, inspections, registration, insurance, and logistics: sequenced so nothing stalls, nothing is skipped, and both sides arrive at completion without surprises.

8

Ongoing relationship

Most clients return: the next acquisition, an eventual sale, a collection that evolves. The office holds the history, so every subsequent mandate starts further ahead.

Between transactions, the advisory practice keeps holdings reviewed

Two directions

How do the buying, selling, and advisory flows differ?

Every mandate includes verification, negotiation, and completion. The middle stages differ. Buyers receive a verified shortlist with evidence. Sellers receive a grounded valuation and selective approaches to qualified buyers. Advisory is the exception. It uses a flat fee, answers a defined question, and does not require a transaction.

If you are buying

Buy mandate

  • Define the asset, parameters, and budget logic
  • Market mapped; realistic pricing agreed
  • Visible and off-market candidates sourced in parallel
  • Each candidate verified before you see it
  • Shortlist with evidence: typically three to five, not thirty
  • Office negotiates; you decide
  • Transaction coordinated to completion
Explore acquisition services

If you are selling

Sell mandate

  • Asset submitted for confidential review
  • Documentation and condition assessed first
  • Valuation range grounded in closed transactions
  • Channel strategy agreed: private by default
  • Qualified buyers approached selectively
  • Offers managed; your reserve protected
  • Completion coordinated: contract, escrow, delivery
Explore sale services

If you want counsel, not a transaction

Advisory engagement

  • Question scoped in writing, flat fee agreed
  • Assessment: documents, market, specialists as needed
  • Written findings with the evidence attached
  • "Keep it and re-insure it" is a complete answer
  • Optional standing review, annually
  • If a mandate follows, it is a separate decision
Explore advisory

See three worked examples: anatomy of a mandate

What does representation cost?

We publish the deal-based commission openly. Buyers pay a success commission on acquisition mandates. Sellers pay on sales and consignments. The schedule is at the strong end of the market because it funds verification, off-market access, and negotiation intended to improve the outcome.

Standard commission schedule: success-based, agreed in writing per mandate
CategoryBuy mandateSell mandate / consignment
Private jets2–3% of purchase4–5% of sale
Superyachts3–5% of purchase10% of sale, MYBA-style; negotiable above $25M
Art10–15% of acquisition10–15% on private sales
Luxury watches10–15% sourcing fee15–20% consignment
Luxury bags10–15% sourcing fee20–25% consignment
Collector & luxury cars5–10% of purchase10–15% of sale; negotiable above $5M

Minimum engagement fees apply on smaller mandates; advisory work is billed separately as flat fees. Every number is confirmed in the engagement letter before work begins: success-based, so we are paid when you close well, not for trying.

Questions clients ask about the process

How long does a mandate take?

It depends on rarity: liquid assets in clean condition often complete within weeks; allocation-constrained watches, off-market aircraft, or specific Hermès combinations can take months. The consultation sets an honest timeline before the mandate begins. We would rather quote slow and deliver early than the reverse.

Where is the office, and where are mandates executed?

In Main Point Karlín (Karlín's award-winning business center) at Pobřežní 620/3, Prague 8, ten minutes from Prague's old town. Meetings are by appointment, in Prague or wherever the asset and the client are; mandates are executed worldwide under the same confidentiality discipline.

What does an engagement cost?

Buyers pay a success-based commission of 2–10% on acquisition mandates. Sellers pay 3–20% on sales and consignments, depending on the category. The full schedule appears above and is confirmed in the engagement letter before work begins. Advisory uses a flat fee because it does not depend on a transaction. We accept no undisclosed payments.

Can I pause or end a mandate?

Yes. Mandates define their own term and exit terms up front; you can wind one down at the agreed notice without penalty beyond work already performed. An office that needs to trap clients in contracts is telling you something about how it expects the relationship to go.

Begin privately

The first step is a conversation, not a commitment.

Define the mandate with us. If we can serve it well, we will tell you exactly how. If we cannot, we will tell you that too.