The key to managing any investment is making good decisions, and the key to good decisions is having complete, accurate, and updated information at hand. Our use of the Growing AssetsTM Information Management System allows us to do just that.
The Growing AssetsTM Information Management System (IMS) was developed in response to the need to organize the thousands of bits of information that are pertinent to any one single property. This information is essential to guiding decisions that minimize costs, maximize returns, protect the investment, reduce tax burdens, and facilitate sales and inheritance. If you have command of the information, you have command of the investment.
All of our clients are entered into the Growing AssetsTM IMS. Any activity or information that affects the investment is recorded. It is the single most important tool we use to keep track of thousands of acres of land and their cash flows, investment performance, tax bills, hunting leases, and basis information. It allows us to keep a record of history. It allows us to instantly identify which stands, out of thousands of acres, could benefit when a timber market moves. It is quite simply the reason we are able to maximize asset value for our clients.
All this information is not just valuable for us as managers. Periodic Growing AssetsTM reports can be produced that allow landowners, family members, and managers the same detailed view of the history, current status and future activities for the investment. Clients such as partnerships, corporations, and trusts, find these Growing AssetsTM reports an ideal way to provide updates to nonactive partners and stockholders. For clients who fund their IRAs and 401ks with timberland, the Growing AssetsTM report is an excellent way to keep up with the activity of the investment and help ensure the investment remains qualified by the IRS.