Manage nonfinancial assets, such as commercial real estate, timberland, farmland, oil and gas, and private business in the context of your overall needs.
With unique attributes that distinguish them from other asset classes, nonfinancial assets may offer you valuable financial benefits while often providing personal benefits as well.
The Specialty Asset Management team1 has extensive experience managing timber, farm and ranch land, oil, gas and mineral interests, real estate and private businesses. They can work with you and your Merrill Private Wealth Advisor to integrate them into your overall plan and portfolio.
A dedicated team to help you
The Specialty Asset Management team works directly with you and your Advisor to help you realize your objectives with assets you already own, or help you acquire specific assets2 to take advantage of their capital growth and diversification potential. They provide complete turnkey services including identifying and purchasing real property and providing ongoing management, whether you own these assets outright or they are held in trust.
Farm and Ranch
Coordinating the management of farm and ranch land, helping our clients enhance the value of farms and ranches with:
- Professional land management
- Oversight of leases and current land use
- Annual reviews of asset performance and market conditions
- Acquisition and disposition services
- Soil, water and wildlife conservation programs
Timberland
Forestry and land management customized to help meet your goals, with services that range from investment return management to recreational, preservation and amenity management, through:
- Timber inventory and asset analysis
- Acquisition and disposition services
- Land enhancement
- Advanced silvicultural techniques
- Conservation and environmental management
- Identification of alternative sources of income
Oil & Gas
Management services across all types of oil, gas and mineral interests1 to help you optimize the value of these assets with:
- Customized property management services
- Lease negotiations and monitoring
- Farm-out, unitization agreement and other contract negotiation
- Evaluation of and participation in workovers and wildcat and development wells
- Environmental inspections
- Petroleum engineering experience
- Comprehensive oil and gas accounting
Private Businesses
Support for owners in the management of closely held business interests (nonmarketable equity securities), including but not limited to C and S corporations, LLCs and FLPs, with services such as:
- Strategic planning and oversight
- Risk monitoring
- Corporate governance oversight
- Business succession planning
Connect with a Merrill Private Wealth Advisor.
Related Solutions
- Alternative Investments
- Art Services
- Investments
1 The Specialty Asset Management team includes employees of Bank of America, N.A. and its agents.
2 Note: Oil, gas and mineral interests are not available for direct investment through Bank of America.
Nonfinancial assets, such as closely-held businesses, real estate, fine art, oil, gas and mineral properties, and timber, farm and ranch land, are complex in nature and involve risks including total loss of value. Special risk considerations include natural events (for example, earthquakes or fires), complex tax considerations, and lack of liquidity. Nonfinancial assets are not in the best interest of all investors. Always consult with your independent attorney, tax advisor, investment manager, and insurance agent for final recommendations and before changing or implementing any financial, tax, or estate planning strategy.
Diversification does not ensure a profit or protect against a loss in declining markets.