Read more about the article Embracing the need for digital transformation of asset management for families & individuals.

Embracing the need for digital transformation of asset management for families & individuals.

As we rang in 2020, few could have predicted the upheaval and chaos that would soon erupt throughout the world. Many of us are feeling the effects of prolonged fear over our own health and that of those close to us. Not to mention the stress of economic uncertainty. There are some, however, who believe that within this crisis are unprecedented opportunities to uplevel the way we live, interact with each other, and do business. In order to do so, we must build what our partners at Red Five refer to as “community resiliency,” which they contend is based on five core pillars.                       Mindset: as mentioned above, there are many innovators with the forward-thinking perspective needed to create the “new normal” we would like to see in the world. Skills: The speed and innovation with which people and…

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Read more about the article How does technology help your physical assets like art collections?

How does technology help your physical assets like art collections?

For some, collecting art is a passion; for others it’s an investment or a combination of the two. Still others inherit their artwork and see it as a sentimental treasure or a physical asset they can’t wait to sell. However you came upon your artwork or what you plan to do with it. Understanding and maintaining its value is a key piece of your financial health. As with all physical assets, the first step is to take stock of what artwork you have and what it’s worth. The goal is to safeguard this information on a digital tool, but you can start with a spreadsheet or handwritten binder so long as everything is legible and organized. The file for each piece should include: Purchase date and seller information, as well as the current value (Artwork should be appraised every…

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Read more about the article EstateSpace empowering their clients to understand the value of their physical assets.

EstateSpace empowering their clients to understand the value of their physical assets.

Greek philosopher Epictetus once said, “Happiness and freedom begin with a clear understanding of one principle: Some things are within our control, and some things are not.” The key is being able to distinguish between the two and, if necessary, pivot accordingly. Anyone who has achieved success lives by this concept, and so do their financial planners. EstateSpace is committed to empowering their clients to understand the value of their physical assets and use that information to manage, grow and protect them. To this end, they have released a powerful new mobile app that brings that knowledge to their fingertips. EstateSpace2.0: Asset Management Made Simple™ was created in collaboration with Cantina, a Boston-based company that has been leading the world in tech innovation for the past twelve years. The result is a platform that is: User friendly: You don’t…

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