CINXE.COM

Non-Financial and Specialty Assets Management Solutions

<!DOCTYPE html> <html lang="en" xml:lang="en"> <head> <meta http-equiv="X-UA-Compatible" content="IE=edge"/> <meta charset="utf-8"/> <meta http-equiv="content-type" content="text/html; charset=UTF-8"/> <meta name="viewport" content="width=device-width, initial-scale=1.0"/> <title>Non-Financial and Specialty Assets Management Solutions </title> <meta name="title" content="Non-Financial and Specialty Assets Management Solutions"/> <link rel="canonical" href="https://www.privatebank.bankofamerica.com/solutions/specialty-asset-management.html"/> <link rel="shortcut icon" href="//www.ustrust.ml.bac-assets.com/etc.clientlibs/ustrust/clientlibs/clientlib-site/resources/images/favicon.ico" type="image/x-icon"/> <link rel="apple-touch-icon" href="//www.ustrust.ml.bac-assets.com/etc.clientlibs/ustrust/clientlibs/clientlib-site/resources/images/favicon.ico"/> <meta name="keywords" content="specialty asset management, non financial assets, non financial investment, asset management solutions, wfid24778217 "/> <meta name="description" content="Learn how Bank of America Private Bank can help manage and integrate your non-financial and specialty assets into a wealth management plan."/> <meta property="og:site_name" content="Bank of America Private Bank"/> <meta property="og:type" content="website"/> <meta property="og:url" content="https://www.privatebank.bankofamerica.com/solutions/specialty-asset-management.html"/> <meta property="og:title" content="Non-Financial and Specialty Assets Management Solutions"/> <meta property="og:description" content="Learn how Bank of America Private Bank can help manage and integrate your non-financial and specialty assets into a wealth management plan."/> <meta property="og:image" content="https://www.privatebank.bankofamerica.com/content/dam/ust/solutions/tileimages/Specialty_Asset_Management-834x510.png"/> <meta property="og:image:alt" content="Non-Financial and Specialty Assets Management Solutions"/> <meta name="twitter:card" content="summary"/> <meta name="twitter:url" content="https://www.privatebank.bankofamerica.com/solutions/specialty-asset-management.html"/> <meta name="twitter:domain" content="https://www.privatebank.bankofamerica.com"/> <meta name="twitter:creator" content="@BofAPrivateBank"/> <meta name="twitter:site" content="@BofAPrivateBank"/> <meta name="twitter:title" content="Non-Financial and Specialty Assets Management Solutions"/> <meta name="twitter:description" content="Learn how Bank of America Private Bank can help manage and integrate your non-financial and specialty assets into a wealth management plan."/> <meta property="twitter:image" content="https://www.privatebank.bankofamerica.com/content/dam/ust/solutions/tileimages/Specialty_Asset_Management-834x510.png"/> <meta property="twitter:image:alt" content="Non-Financial and Specialty Assets Management Solutions"/> <script type="application/ld+json"> {"@context":"https://schema.org","@type":"WebPage","name":"Non-Financial and Specialty Assets Management Solutions","url":"https://www.privatebank.bankofamerica.com/solutions/specialty-asset-management.html","description":"Learn how Bank of America Private Bank can help manage and integrate your non-financial and specialty assets into a wealth management plan.","image":"https://ustrustaem.fs.ml.com/content/dam/ust/solutions/tileimages/Specialty_Asset_Management-834x510.png","keywords":"specialty asset management, non financial assets, non financial investment, asset management solutions, wfid24778217"} </script><script type="application/ld+json">{"@context":"https://schema.org","@type":"VideoObject","name":"Non-Financial and Specialty Assets Management Solutions","url":"https://cdnapisec.kaltura.com/p/4699762/embedPlaykitJs/uiconf_id/52359122?iframeembed=true&entry_id=1_n4mozlig","description":"Learn how Bank of America Private Bank can help manage and integrate your non-financial and specialty assets into a wealth management plan.","thumbnail":"https://cfvod.kaltura.com/api_v3/index.php/service/thumbAsset/action/serve/thumbAssetId/1_i7056mpt/ks/djJ8NDY5OTc2MnyC_ELVEkHVUPDewwvy97RNvUf1-r9QrknIW2GOeINWh_DhYl-7kqaYOQ2ZaBTq2uPhP_sR7DpkYzKfY4-uDDsbMKXnbA3I_y0Vc2jpsvTd2i2Z778DJIcXeKUr1cAT4DWjUQ0UsS9fMX84qfGh3msgmRZuwhuo5xx3Hs4ASmWcwqH3BQrqntV77A1NYlZauUlkVz7CirOSSp7oBy-6gJ3d/width/575/height/450","thumbnailUrl":"https://cfvod.kaltura.com/api_v3/index.php/service/thumbAsset/action/serve/thumbAssetId/1_i7056mpt/ks/djJ8NDY5OTc2MnyC_ELVEkHVUPDewwvy97RNvUf1-r9QrknIW2GOeINWh_DhYl-7kqaYOQ2ZaBTq2uPhP_sR7DpkYzKfY4-uDDsbMKXnbA3I_y0Vc2jpsvTd2i2Z778DJIcXeKUr1cAT4DWjUQ0UsS9fMX84qfGh3msgmRZuwhuo5xx3Hs4ASmWcwqH3BQrqntV77A1NYlZauUlkVz7CirOSSp7oBy-6gJ3d/width/575/height/450","transcript":"On screen copy: Investing in Real Assets Please read important information at the end of this program. How do you take advantage of the land of opportunity that lies beyond the financial markets? Investing in real assets might well be the answer. Our specialty asset management team has deep experience managing real assets like timberland, On screen copy: Timberland farm and ranch land, On screen copy: Farm and Ranch Land oil and gas, On screen copy: Oil & Gas and real estate. On screen copy: Real Estate Because these assets don't follow the financial market, they can help to diversify and reduce a portfolio's overall volatility. On screen copy: Help to Diversify and Reduce Volatility With offices across the country, we have a distinguished history of using a boots on the ground management approach for clients who are interested in adding real assets to their portfolio or who own them today. This includes the identification of investment properties, On screen copy: Identification comprehensive evaluation, On screen copy: Evaluation price negotiation, On screen copy: Price Negotiation acquisition, On screen copy: Acquisition and ongoing management. On screen copy: Management Our specialized industry knowledge in forestry, agriculture, petroleum engineering, and real estate helps us to effectively manage real assets, which can be an important piece of your overall strategy to grow and preserve wealth for you, your family, and future generations. So when you're ready to think beyond the financial markets, think real assets. 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<section class="background-container background-container--contained "> <div class="background-container__section " style=" "> <div class="background-container__wrapper" style="max-width:1440px;"> <div class="aem-wrap--callout-container section"> <div class="callout-container" data-cmp="calloutContainer"> <div class="callout-container__wrapper "> <div class="callout-container__content "> <h1 class="callout-container__headline">Specialty Asset Management</h1> <div class="callout-container__text"><h2>Diversifying Your Wealth with Nonfinancial Assets</h2> <p style="text-align: center;"> </p> <p style="text-align: center;"><a href="/solutions.html">&lt; View all Solutions</a></p> </div> </div> </div> </div></div> </div> </div> </section></div> <div class="aem-wrap--background-container section"> <section class="background-container background-container--contained "> <div class="background-container__section " style=" "> <div class="background-container__wrapper" style="max-width:860px;"> <div class="aem-wrap--text section"> <div class="text" data-action="text"> <p style="text-align: center;"><span class="section-heading-ourstory">Farms, timberland and other nonfinancial specialty assets may offer financial benefits, while helping to diversify your overall portfolio.</span></p> </div> </div> </div> </div> </section></div> </div> </div></div> <div class="aem-wrap--background-container section"> <section class="background-container background-container--contained "> <div class="background-container__section " style=" "> <div class="background-container__wrapper" style="max-width:960px;"> <div class="aem-wrap--text section"> <div class="text" data-action="text"> <h3 style="text-align: left;"><span class="copy-size-xl"><span class="color-red"><span class="font-light">Our approach</span></span></span></h3> <p>The Specialty Asset Management team<sup><a title="footnote 1" aria-label="footnote 1" href="#footnote-1">1</a></sup> 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.</p> <p>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.</p> <p> </p> </div> </div> <div class="aem-wrap--media-kaltura section"> <script src="//cdnapisec.kaltura.com/p/4699762/embedPlaykitJs/uiconf_id/51133253/langs/en,es"></script> <uc-media version="v1_3.10.2-WEALTHV5" class="uc-component uc-media" data-action="unityMedia" buttonAnimation="true" buttonPosition="center" entryId="1_n4mozlig" infiniteCarousel="false" isAudio="false" isAuthorMode="false" isPlaylist="false" isVertical="false" offsetElement=".nav__menu js-nav-menu" partnerId="4699762" playerId="51133253" playlistAutoContinue="false" playlistFilter="false" playlistTheme="black" showDisclaimer="false" theme="blue" transcriptText='[{"id":"1_n4mozlig","transcript":"%3Cp%3E%3Cbr%3E%0D%0AOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3EInvesting%20in%20Real%20Assets%3C%2Fp%3E%0D%0A%3Cp%3EPlease%20read%20important%20information%20at%20the%20end%20of%20this%20program.%3C%2Fp%3E%0D%0A%3Cp%3EHow%20do%20you%20take%20advantage%20of%20the%20land%20of%20opportunity%20that%20lies%20beyond%20the%20financial%20markets%3F%20Investing%20in%20real%20assets%20might%20well%20be%20the%20answer.%20Our%20specialty%20asset%20management%20team%20has%20deep%20experience%20managing%20real%20assets%20like%20timberland%2C%3C%2Fp%3E%0D%0A%3Cp%3EOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3ETimberland%3C%2Fp%3E%0D%0A%3Cp%3Efarm%20and%20ranch%20land%2C%3C%2Fp%3E%0D%0A%3Cp%3EOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3EFarm%20and%20Ranch%20Land%3C%2Fp%3E%0D%0A%3Cp%3Eoil%20and%20gas%2C%3C%2Fp%3E%0D%0A%3Cp%3EOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3EOil%20%26amp%3B%20Gas%3C%2Fp%3E%0D%0A%3Cp%3Eand%20real%20estate.%3C%2Fp%3E%0D%0A%3Cp%3EOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3EReal%20Estate%3C%2Fp%3E%0D%0A%3Cp%3EBecause%20these%20assets%20don%27t%20follow%20the%20financial%20market%2C%20they%20can%20help%20to%20diversify%20and%20reduce%20a%20portfolio%27s%20overall%20volatility.%3C%2Fp%3E%0D%0A%3Cp%3EOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3EHelp%20to%20Diversify%20and%20Reduce%20Volatility%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3EWith%20offices%20across%20the%20country%2C%20we%20have%20a%20distinguished%20history%20of%20using%20a%20boots%20on%20the%20ground%20management%20approach%20for%20clients%20who%20are%20interested%20in%20adding%20real%20assets%20to%20their%20portfolio%20or%20who%20own%20them%20today.%20This%20includes%20the%20identification%20of%20investment%20properties%2C%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3EOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3EIdentification%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3Ecomprehensive%20evaluation%2C%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3EOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3EEvaluation%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3Eprice%20negotiation%2C%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3EOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3EPrice%20Negotiation%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3Bacquisition%2C%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3EOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3EAcquisition%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3Eand%20ongoing%20management.%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3EOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3EManagement%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3EOur%20specialized%20industry%20knowledge%20in%20forestry%2C%20agriculture%2C%20petroleum%20engineering%2C%20and%20real%20estate%20helps%20us%20to%20effectively%20manage%20real%20assets%2C%20which%20can%20be%20an%20important%20piece%20of%20your%20overall%20strategy%20to%20grow%20and%20preserve%20wealth%20for%20you%2C%20your%20family%2C%20and%20future%20generations.%20So%20when%20you%27re%20ready%20to%20think%20beyond%20the%20financial%20markets%2C%20think%20real%20assets.%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3EOn%20screen%20copy%3A%3C%2Fp%3E%0D%0A%3Cp%3EBank%20of%20America%20Private%20Bank%20logo%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3EDisclosure%3A%3C%2Fp%3E%0D%0A%3Cp%3EBank%20of%20America%20Private%20Bank%20is%20a%20division%20of%20Bank%20of%20America%2C%20N.A.%2C%20Member%20FDIC%2C%20and%20a%20wholly%20owned%20subsidiary%20of%20Bank%20of%20America%20Corporation%20%28%E2%80%9CBofA%20Corp.%E2%80%9D%29.%20Trust%20and%20fiduciary%20services%2C%20including%20assets%20managed%20by%20the%20Specialty%20Asset%20Management%20team%2C%20and%20other%20banking%20products%20are%20provided%20by%20wholly-owned%20banking%20affiliates%20of%20BofA%20Corp.%2C%20including%20Bank%20of%20America%2C%20N.A.%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3E%3Cstrong%3EInvesting%20involves%20risk%2C%20including%20the%20possible%20loss%20of%20principal.%3C%2Fstrong%3E%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3EDiversification%20does%20not%20ensure%20a%20profit%20or%20protect%20against%20loss%20in%20declining%20markets.%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3EThere%20are%20special%20risks%20associated%20with%20an%20investment%20in%20commodities%2C%20real%20estate%20or%20certain%20industry%20sectors%2C%20including%20market%20price%20fluctuations%2C%20regulatory%20changes%2C%20interest%20rate%20changes%2C%20credit%20risk%2C%20economic%20changes%2C%20climate%20change%2C%20the%20impact%20of%20adverse%20political%20or%20financial%20factors%20or%20lack%20of%20diversification.%3C%2Fp%3E%0D%0A%3Cp%3E%26nbsp%3B%3C%2Fp%3E%0D%0A%3Cp%3ENonfinancial%20assets%2C%20such%20as%20closely-held%20businesses%2C%20real%20estate%2C%20oil%2C%20gas%20and%20mineral%20properties%2C%20and%20timber%2C%20farm%20and%20ranch%20land%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closeTranscriptText="Close Transcript" closeDisclaimerText="Close Disclaimer" disclaimerTitle="Disclaimer" transcriptTitle="Transcript" carouselNextArrowText="Go to Next Item" carouselPreviousArrowText="Return to Previous Item" carouselDotsLabel="of" playlistItemLabel="Item {0} of {1} Play {2} video" validCloseCaptions="true" data-video-id="1_n4mozlig_Expanding your Investment Options"> <div id="1_n4mozlig" class="uc-media__player"> </div> <div class="uc-media-transcript" aria-hidden="true" aria-expanded="false"> <div class="uc-media-transcript__header"> <button aria-label="Close Transcript" class="uc-media-transcript__close uc-media-icon-close" tabindex="-1" title="Close Transcript"></button> </div> <div class="uc-media-transcript__container" tabindex="-1"> <h3 class="uc-media-transcript__title">Transcript</h3> <div class="uc-media-transcript__text"></div> </div> </div> <!-- {{{ --><!-- }}} --> </uc-media> </div> </div> </div> </section></div> <div class="aem-wrap--background-container section"> <section class="background-container background-container--full-bleed "> <div class="background-container__section " style=" background-color:#f5f5f5; "> <div class="background-container__wrapper"> <div class="aem-wrap--background-container section"> <section class="background-container background-container--contained "> <div class="background-container__section background-container--paddings-small " style=" "> <div class="background-container__wrapper" style="max-width:960px;"> <div class="aem-wrap--text section"> <div class="text" data-action="text"> <h3 style="text-align: left;"><span class="section-heading-ourstory"><span class="copy-size-l"><span class="color-red">Services</span></span></span></h3> </div> </div> <div class="aem-wrap--teaser-list section"> <div class="teaser-list teaser-list--2up-align teaser-list--services "> <div class="teaser-list__wrapper"> <div class="teaser-list__teasers "> <div class="teaser "> <div class="teaser__wrapper"> <h4 class="teaser__title">Farm and Ranch Services</h4> <div class="teaser__description"><p>Bank of America professionals directly coordinates the management of farm and ranch land with a goal of enhancing its value. Additionally, they can help you acquire and manage your agricultural investment.<br /> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> </div> </div> </div> <div class="teaser "> <div class="teaser__wrapper"> <h4 class="teaser__title">Real Estate</h4> <div class="teaser__description"><p>Specialized investment and asset management services can help meet your objectives for properties or development acreage you hold directly, in an entity,  or in trust. <br /> </p> <p> </p> <p> </p> <p> </p> </div> </div> </div> <div class="teaser "> <div class="teaser__wrapper"> <h4 class="teaser__title">Timberland Services</h4> <div class="teaser__description"><p>Professional forestry solutions as well as services for timberland investments – customized to help you meet your goals.<br /> </p> </div> </div> </div> <div class="teaser "> <div class="teaser__wrapper"> <h4 class="teaser__title">Private Business</h4> <div class="teaser__description"><p>The team offers strategic evaluation and management of closely held business interests for owners and heirs.  </p> <p> </p> </div> </div> </div> <div class="teaser "> <div class="teaser__wrapper"> <h4 class="teaser__title">Oil, Gas and Mineral Interests</h4> <div class="teaser__description"><p>Benefit from management services for all types of oil, gas and mineral interests held in trusts or investment management accounts focused on optimizing their value.<br /> </p> </div> </div> </div> </div> </div> </div></div> </div> </div> </section></div> </div> </div> </section></div> <div class="aem-wrap--background-container section"> <section class="background-container background-container--full-bleed "> <div class="background-container__section background-container--paddings-small-top " style=" background-color:#ededed; "> <div class="background-container__wrapper"> <div class="aem-wrap--text section"> <div class="text" data-action="text"> <h2 style="text-align: center;"><span class="section-heading-ourstory">Connect with a Private Client Advisor</span></h2> <p style="text-align: center;">Learn more about the benefits of working with Bank of America Private Bank</p> </div> </div> <div class="aem-wrap--background-container section"> <section class="background-container background-container--contained "> <div class="background-container__section " style=" "> <div class="background-container__wrapper" style="max-width:260px;"> <div class="aem-wrap--cta-group section"> <style> #cta_195424 .cta { background-color:transparent; } #cta_195424 .cta:hover { background-color:#E31837; border:1px solid #E31837; } </style> <div id="cta_195424" class="cta-group__wrapper"> <ul class="cta-group "> <li> <a href="/find-an-advisor.html" class="cta t-track-ctalink cta--secondary " aria-label="Find an advisor" target="_self" data-bactmln="link-_-Click-_-find_an_advisor"> <span class="cta__text"> Find an advisor </span> </a> </li> </ul> </div> </div> </div> </div> </section></div> </div> </div> </section></div> <div class="aem-wrap--background-container section"> <section class="background-container background-container--contained "> <div class="background-container__section background-container--paddings-small " style=" "> <div class="background-container__wrapper" style="max-width:960px;"> <div class="aem-wrap--text section"> <div class="text" data-action="text"> <h3 style="text-align: left;"><span class="section-heading-ourstory"><span class="copy-size-l"><span class="color-red">Related Solutions</span></span></span></h3> </div> </div> <div class="aem-wrap--teaser-list section"> <div class="teaser-list teaser-list--2up-align teaser-list--solutions "> <div class="teaser-list__wrapper"> <div class="teaser-list__teasers "> <div class="teaser "> <div class="teaser__wrapper"> <h4 class="teaser__title">Investment Management</h4> <div class="teaser__description"><p>An approach to managing your wealth, tailored to your needs. <br /> </p> </div> <a data-bactmln="link-_-Click-_-LEARN MORE_Investment Management" class="teaser__link t-track-ctalink" aria-label="LEARN MORE - Investment Management" href="/solutions/investment-management.html">LEARN MORE</a> </div> </div> </div> </div> </div></div> <div class="aem-wrap--unity-heading section"> <div version="v1_3.10.2-WEALTHV5" class='uc uc-heading uc-heading--align-left uc-heading--mobile--align-left' data-tracking-name="HeadingGroup" data-id="frequently-asked-questions"> <h3 class='uc-heading__headline uc-headline--md uc-text--bright-red'>Frequently asked questions</h3> <div class='uc-heading__subheadline'> </div> </div> <!-- Heading templates --> </div> <div class="aem-wrap--accordion section"> <uc-accordion version="v1_3.10.2-WEALTHV5" class="uc uc-component t-track-uc-accordion" data-placeholder-text="false" icon="plus" theme="light" data-tracking-name="accordion" data-expand-all-copy="Expand all" data-collapse-all-copy="Collapse all"> <uc-accordion-item id="accordion-0"> <h3 class='trigger'> <button class="uc-headline--xsm uc-accordion__button" data-bactmln="accordion-_-what-are-real-assets-_-expand" aria-expanded="false" id="accordion-button-0" aria-controls="accordion-section-0"> <span class='uc-heading__headline uc-headline--xsm'>What are Real Assets?</span> </button> </h3> <section class='uc-accordion-item__content' id="accordion-section-0" role="region" aria-labelledby="accordion-button-0" aria-hidden="true"> <p>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. </p> <div data-cmp-hook-accordion="panel" id="-panel" role="region"> </div> </section> </uc-accordion-item> <uc-accordion-item id="accordion-1"> <h3 class='trigger'> <button class="uc-headline--xsm uc-accordion__button" data-bactmln="accordion-_-what-solutions-does-specialty-asset-management-provide-_-expand" aria-expanded="false" id="accordion-button-1" aria-controls="accordion-section-1"> <span class='uc-heading__headline uc-headline--xsm'>What solutions does Specialty Asset Management provide?</span> </button> </h3> <section class='uc-accordion-item__content' id="accordion-section-1" role="region" aria-labelledby="accordion-button-1" aria-hidden="true"> <p>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.</p> <p>Farm and ranch</p> <ul> <li><span class="font-connections-light">Professional land management</span></li> <li><span class="font-connections-light">Annual reviews of asset performance and market conditions</span></li> <li><span class="font-connections-light">Soil, water and wildlife conservation programs</span></li> </ul> <p>Timberland</p> <ul> <li><span class="font-connections-light">Timber inventory and asset analysis</span></li> <li><span class="font-connections-light">Acquisition and disposition services</span></li> <li><span class="font-connections-light">Conservation and environmental management</span></li> </ul> <p>Real estate</p> <ul> <li><span class="font-connections-light">Strategic guidance and due diligence for acquisitions</span></li> <li><span class="font-connections-light">Highest and best use analysis</span></li> <li><span class="font-connections-light">Property marketing and sales services</span></li> </ul> <p>Oil and gas</p> <ul> <li><span class="font-connections-light">Customized property management services</span></li> <li><span class="font-connections-light">Farm-out, unitization agreement and other contract negotiation</span></li> <li><span class="font-connections-light">Environmental inspections      </span>   </li> </ul> <p>Private business</p> <ul> <li><span class="font-connections-light">Strategic planning and oversight</span></li> <li><span class="font-connections-light">Risk monitoring</span></li> <li><span class="font-connections-light">Business succession planning</span></li> </ul> <div data-cmp-hook-accordion="panel" id="-panel" role="region"> </div> </section> </uc-accordion-item> <uc-accordion-item id="accordion-2"> <h3 class='trigger'> <button class="uc-headline--xsm uc-accordion__button" data-bactmln="accordion-_-is-specialty-asset-management-right-for-me-_-expand" aria-expanded="false" id="accordion-button-2" aria-controls="accordion-section-2"> <span class='uc-heading__headline uc-headline--xsm'>Is Specialty Asset Management right for me? </span> </button> </h3> <section class='uc-accordion-item__content' id="accordion-section-2" role="region" aria-labelledby="accordion-button-2" aria-hidden="true"> <p>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.</p> <p>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.</p> <p>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.  </p> <div data-cmp-hook-accordion="panel" id="-panel" role="region"> </div> </section> </uc-accordion-item> </uc-accordion></div> <div class="aem-wrap--footnotes section"> <div class="footnotes legal-text "> <p><sup><a id="footnote-1"></a>1</sup>The Specialty Asset Management team includes employees of Bank of America, N.A. and its agents.</p> <p>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.</p> </div> </div> </div> </div> </section></div> <div class="aem-wrap--background-container section"> <section class="background-container background-container--contained "> <div class="background-container__section " style=" "> <div class="background-container__wrapper" style="max-width:960;"> <div class="aem-wrap--text section"> <div class="text" data-action="text"> <h3 style="text-align: left;"><span class="section-heading-ourstory"><span class="copy-size-l"><span class="color-red">Related Insights</span></span></span></h3> </div> </div> <div class="aem-wrap--tile-container section"> <div class="tile-container tile-container--tile-articlelarge tile-container--col3-horiz " data-cmp="tileContainer"> <div class="tile__item tile__item--"> <div class="articlepage basepage 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