For Investors
A real asset.
A defined return profile.
Ascension offers a hybrid: lifestyle utility plus an income-producing marine asset, with a planned exit. Compare it against the alternatives.
Comparison
Where Ascension stands.
| Dimension | Full Ownership | Ascension | Traditional Fractional |
|---|---|---|---|
| Capital outlay | $500k – $5M+ | $240k – $600k | $100k – $300k |
| Annual cost | 8–12% of value | Pro-rata share | Membership fees |
| Usage / year | 30–45 days | 30–45 days | Variable / capped |
| Asset ownership | 100% | True LLC equity | None |
| Charter income | DIY | 70% to LLC | None |
| Defined exit | Resale market | 3–5 yr asset sale | Refundable / forfeit |
| Operational burden | Owner | Fully managed | Fully managed |
Frequently Asked
Investor FAQ
- Is this a security?
- Each yacht LLC is offered to a limited group of accredited owners. Subscription documents disclose all material structure, risks, and economics.
- What happens if a member wants to exit early?
- Members may transfer their LLC interest with consent of the operating agreement. Ascension can also facilitate matched-buyer placement.
- Who controls the yacht?
- Day-to-day operations are managed by the Ascension management entity, in coordination with BYRBO. Major decisions are voted by ownership %.
- What if charter revenue is below projection?
- Operating reserves are funded at the LLC level. Members are not personally liable for shortfalls beyond their committed contributions.
- What about insurance and liability?
- Each LLC carries hull, P&I, and crew coverage. The LLC structure isolates liability from personal assets.