Yacht Management Companies: What Co-Owners Should Know

Understanding Yacht Management for Co-Owners

Professional yacht management is the backbone of successful fractional ownership.

Yacht management companies handle crew employment, maintenance scheduling, regulatory compliance, and insurance.

Core Management Services

Crew Management

Recruiting, training, payroll, and managing captain and crew.

Maintenance Oversight

Scheduled maintenance, emergency repairs, and vendor management.

Regulatory Compliance

Flag state requirements, safety certifications, and documentation.

Financial Management

Budget preparation, expense tracking, and financial reporting.

Evaluating Management Companies

Track Record

Years in business and references from current clients.

Fee Structure

Management fees typically range 3-5% of vessel value annually.

YachtFunding Management Standards

YachtFunding only lists vessels with management companies meeting strict standards.