Mente Adds Aircraft Portfolio Valuation Tool

 - March 7, 2019, 10:18 AM

Business aircraft broker and advisory firm Mente Group will be on site at the NBAA Regional Forum March 14 in Houston, Texas, to tout what it said is a recent and growing program, Mente Value Platform. It allows companies and financial institutions to track in real time the value of their aircraft portfolios, the Dallas, Texas-based company announced. Mente uses advanced financial processes, customized modeling and staff business jet appraisers accredited by the American Society of Appraisers to help determine and track real-time valuations.

"This gives us the highest market awareness that benefits our clients directly,” said Mente v-p of asset management Jeff Dorrough.

Clients of the program so far include a food service producer and distributor, an international oil-and-gas company, a commercial bank, a defense contractor and a global insurance conglomerate. It launched the program in 2018.