Are You Putting Your Assets to Work?
DMD ensures the professional overseeing and optimizing of your assets, both tangible and intangible as well as financial investments to maximize the value and achieve specific financial goals. Our process involves strategic planning, monitoring, and making informed decisions to ensure that your assets are utilized in the efficient and effective manner.
Understanding Asset Management
Asset management refers to the systematic process of developing, operating, maintaining, and disposing of assets in an efficient and cost-effective manner throughout their lifecycle. Assets can include physical items such as coal mine, gold mine, oil fields, precious gems, and infrastructure, as well as intangible assets like patents, trademarks and intellectual property. We are committed to providing individuals and institutions with a comprehensive, goals-based approach to managing, protecting, and growing assets. One of our experienced Portfolio Advisors will work with you to develop a solution that meets your needs.
The primary goal of asset management is to optimize the performance and value of assets while minimizing risks and costs associated with their ownership and use.
Asset Management at DMD
This process involves various activities and strategies, including:
Asset Planning: Identifying the organization's needs and objectives, and determining the assets required to achieve those goals.
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Asset Acquisition: Acquiring assets through purchase, lease, or other means, considering factors such as quality, cost, and suitability.
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Asset Tracking: Keeping detailed records of asset location, condition, maintenance history, and other relevant data.
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Depreciation and Valuation: Monitoring the value of assets over time, considering depreciation and potential appreciation.
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Risk Management: Identifying and managing risks associated with asset ownership, such as obsolescence, regulatory compliance, and market volatility.
Asset management is essential for organizations of all types, including businesses, and institutions. Properly managed assets can lead to increased productivity, reduced downtime, improved decision-making, and enhanced financial performance.