Farms, timberland and other nonfinancial specialty assets may offer financial benefits, while helping to diversify your overall portfolio.
Specialty Asset Management
Our approach
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 help you integrate these nonfinancial assets into your overall wealth management plan.
The team can help you realize your objectives with assets you already own or seek to acquire, and can provide a wide range of services in managing these complex assets.
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Frequently asked questions
Real assets are tangible, non-financial specialty assets that offer financial benefits while helping to diversify your overall investment strategy. This asset class includes farmland, timberland, real estate, private business, and oil and gas interests, and offers increased return potential and lower volatility for investors.
The Bank of America Specialty Asset Management (SAM) team offers the strategic insight and specialized expertise required to manage and maximize investment potential. Today, the team manages client assets with a total asset value of $12.6 billion.
Farm and ranch
- Professional land management
- Annual reviews of asset performance and market conditions
- Soil, water and wildlife conservation programs
Timberland
- Timber inventory and asset analysis
- Acquisition and disposition services
- Conservation and environmental management
Real estate
- Strategic guidance and due diligence for acquisitions
- Highest and best use analysis
- Property marketing and sales services
Oil and gas
- Customized property management services
- Farm-out, unitization agreement and other contract negotiation
- Environmental inspections
Private business
- Strategic planning and oversight
- Risk monitoring
- Business succession planning
Specialty Asset Management may be right for you and your financial goals if you are looking to diversify your wealth management plan, balance your investment portfolio and potentially grow and preserve wealth.
For farmland, timberland and commercial real estate investments, there is no minimum net worth required, though clients should possess at least $1 million in asset value. For oil and gas investments, a minimum of $600,00 annual income from the asset is required.
If you wish to invest in direct ownership of farmland, timberland and/or real estate, a minimum $10 million investment is required, along with at least a $100 million net worth.
1The Specialty Asset Management team includes employees of Bank of America, N.A. and its agents.
Nonfinancial assets, such as closely-held businesses, real estate, 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.
