Advisory · Private Wealth
Wealth Management Advisory for the Passion-Asset Sleeve
According to Passion Asset Advisory, independent acquisition advice means representing one side only under a written mandate confirmed before work begins. It sits alongside your wealth manager, never in place of them. A ‘do nothing’ recommendation is always a valid outcome.
What's the problem with the "other assets" line?
Private wealth is often managed rigorously until it becomes a physical asset. Securities may be benchmarked quarterly, while an aircraft can remain recorded at its purchase price. Insurance schedules can drift from current market values. Logbooks, provenance files, and service records determine what these assets can achieve at sale, but they may remain unexamined for years because the wealth team lacks specialist expertise.
The gap often becomes visible during an estate event, divorce, liquidity need, or insurance renewal. At these moments, the difference between assumed value and verified value becomes urgent.
What does the review cover?
The review applies portfolio-level rigor to the passion-asset sleeve. It provides valuation context from real sales, audits documentation and provenance, calculates the true ownership economics of each holding, and compares insurance coverage with current values. The work is independent advice, not a sales pitch.
- Valuation context: each significant asset priced against comparable closed transactions, not insurance schedules or purchase nostalgia
- Documentation audit: records, papers, provenance, and title reviewed; gaps identified with their realistic price impact
- Ownership economics: what each holding genuinely costs per year, and which costs are out of market
- Insurance posture: cover checked against current values and documented condition, before the claim that tests it
- Exit readiness: how each asset would realistically sell: channel, buyer pool, timeline, and what to repair, document, or service first
You receive a written assessment with the supporting evidence attached. The document is designed for review by the client's other advisers.
For wealth managers and private banks
When a client's net worth statement includes significant passion assets, the relationship manager owns a question the firm cannot answer in-house. We answer it: independent assessment, delivered under your confidentiality terms, branded as discreetly as you require, with no approach to your client beyond the work you commission. The adjacent partnership structures apply where the flow is recurring.
What this is not
- Not investment advice. We are not an investment adviser and do not recommend securities, funds, or allocation decisions
- Not asset management. We hold no client funds, manage no portfolios, and charge no assets-under-management fee
- Not a sales process. Advisory is flat-fee; if a review later leads to a sale or acquisition mandate, that is a separate engagement you choose deliberately
- Not a replacement for your advisers. Tax, legal, and structuring decisions stay with the professionals who hold them; we supply the asset-level facts they need
How an engagement runs
- Scope: which assets, which questions, agreed in writing with a flat fee
- Assessment: documentation review, market comparison, specialist inspection where warranted
- Written findings: valuations with comparables, gaps with costs, recommendations with reasoning
- Standing review: optionally, a collection-strategy retainer that updates values, priorities, and hold or sell decisions as markets and holdings move
Private Wealth
Make the "other assets" line as rigorous as the rest.
Tell us what the balance sheet holds. We respond with a scope, flat fee, and timeline. The final findings are designed for use by your other advisers.