• A valid question to ask would be why do wealthy people chose to delegate the management of a significant asset to a third party rather than establishing a separate organisation of their own. Some Owners do indeed do operate their own Yacht Management organisation, however, the vast majority tend to use third part management services to some extent. The main advantages of doing this are:

  • The key to hire & Work with  a great Manager comes from understanding what you’ll be comfortable delegating to the right professional. This will be different for everyone. You’ll need to take the time and discover what current tasks are hindering your availability and ability to work efficiently. Once you’ve identified these tasks, it makes hiring the Manager a lot easier.