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Because There Can Be More To The Good Life, A Higher Level, A More Abundant Life -
From Mere Wealth To Prosperity
Wealth preserving economic insights make living the best of the good life prudent wealth management
Buying A Yacht, YES Is The Answer
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Looking at yachts for sale?
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Trying to determine how much boat can you afford?
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Need to sell your current boat before buying a new yacht?
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Buying boats or selling yachts - How to get the best price?
YES is the answer: More Boat at Less Cost
Buying Yachts "The Wall Street Way"
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100% Financed
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100% Tax Deductible
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100% Net Worth Neutral Yacht Ownership
YES Yacht Executive Solutions not only serves the long term interests of yacht owners, but their financial advisors and yacht brokers as well.
YES Yachting provides substantially superior alternatives to the various forms of fractional yacht ownership being offered today.
Build the Yacht of Your Dreams in a way that is Net Worth Neutral
Yacht Entertainment Studios offers opportunities in film and television for yachts and yacht owners in which they may participate and profit.
Owning a yacht should have no adverse impact upon your net worth. Done properly, yacht ownership can be financially & personally rewarding.
Are there any ways to help current yacht owners recover the investment from their existing yacht situations? YES
Follow YES
Anyone considering buying or selling a yacht, owes it to himself, his loved ones, and yes even his yacht broker to learn about YES and Net Worth Neutral yacht ownership as soon as practicable.
More money in your pocket now and in the future - means you can afford more boat!
So the sooner we start helping you - the sooner you can get to YES and enjoy the yachting lifestyle with the yacht of your dreams.
So it’s fair to ask, “What can YES Yacht Executive Solutions do for me as a yacht owner that my other “advisors”; yacht broker, banker, CPA, attorney, financial advisor, wealth manager, etc. can’t?”
While each is an expert in their specific discipline -YES is profoundly different.
We take more of an investment banking philosophy when working with our clients and strategic partners. Not only do we help structure and facilitate transactions that can get to that immediate YES and closed – but we maintain long term mutually beneficial relationships.
Second, rather than fee or transaction based, our compensation is largely determined by our clients’ long term financial success. In this case, minimizing any adverse impacts that yacht ownership may have on a client’s net worth and sharing future profits.
Our goal is for yacht ownership to be- at the very minimum net worth neutral- and it should be profitable.
YES Yacht Executive Solutions operates much like an investment banker or merchant banker for yacht owners. It has been specifically created with the luxury yacht owner in mind – yacht ownership from the yacht owner’s long term perspective.
Our ability to provide proprietary programs and customized, comprehensive and coordinated solutions for the unique economic and financial objectives of each individual yacht owner – enables us to offer substantial long-term value to yacht owners - long after the enthusiasm of the initial yacht transaction has waned
YES offers a radical and greatly superior alternative to conventional yacht ownership.
Traditionally, prospective yacht buyers estimate the expected costs of yacht ownership and base their yacht purchase decision largely upon how much they can afford to lose.
Conventional wisdom is that a yacht owner should be prepared for a yacht to depreciate up to 10% a year - especially for new yachts - and then spend up to another 10% of the yacht's value each year on operational costs. The general rule of thumb for the cost of the yachting lifestyle then is up to 20% of the yacht’s value per year including operations and depreciation- over five years would be 100% of the yacht purchase price.
A yacht owner may be able to defer some of the costs through charter income, but that is usually of minimal net benefit. Most yacht owners don't really want to charter because of the added wear and tear on the yacht and higher maintenance expense and lower resale value. Plus sometime there can be some rather dubious and limited tax incentives that may or may not be available or even worth pursuing as they are often no more than an IRS audit trap.
Consequently conventional wisdom for yacht owners suggests that someone buying a new $10,000,000 yacht - over five years - should expect another $5,000,000 in maintenance and operational costs and $5,000,000 in depreciation. Selling the yacht in five years, this yacht owner would have spent $15,000,000 total and recovered $5,000,000 from selling the used yacht for a net cost of $10,000,000 for five years of the yachting lifestyle.
But with YES Net Worth Neutral strategies, the yacht owner above could have been assured of recovering ALL of his $15,000,000 at the end of five years, and probably even more! Because that is how we are compensated.
With a merchant bankers’ perspective, we approach yacht investments more like a commercial bank’s distressed asset or a business turnaround situation, than like an extravagant lifestyle expense.
Thus working with our clients/partners to achieve their yachting goals and objectives we apply proprietary strategies to mitigate the practical economic risk and financial uncertainty of yacht ownership and often producing superior risk adjusted returns.
So what if you could be confident that all of your yacht expense could be fully recovered - purchase price and operational costs - your yachting lifestyle could be Net Worth Neutral - meaning it had no adverse effect upon our net worth - would you buy a yacht?
If you could be sure that your yachting lifestyle would have no adverse effect on your net worth – and you were certain of actually making a profit - then how big of a yacht would you buy?
Please contact us to see if you qualify.
That if your current advisors knew, surely they'd have told you already- wouldn't they?
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