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Blog | Do You Know the Advantages of Professional Yacht Management?

July 7, 2015

Do You Know the Advantages of Professional Yacht Management?

You have arrived.

You have purchased your first luxury motor yacht, but do you know how to get the most out of your investment, and enjoy all the fun and excitement of yachting, without any of the hassles? The answer is, “yes,” with professional yacht management and the many advantages of “On Demand Yachting.”

Let’s face it, owning a luxury motor yacht is a lot of responsibility, and with your busy lifestyle, it is unlikely you have the time, or the desire, to devote to all the little details of luxury yacht ownership. That is where professional yacht management comes into play, and why we created FYM – Florida Yacht Management.

Florida Yacht Management

My partner, Nicholas Scherb and I launched Florida Yacht Management in the
beginning of 2012. After creating 26 North Yachts the previous year in 2011, we soon realized we had to offer our clientele something more. Once your purchase was finalized, too many other yacht brokers out there handed over the keys with a handshake and a smile, and that was pretty much the last you heard from them, until you were ready to sell your yacht.

We realized we wanted to be there for our clients throughout the lifecycle of luxury motor yacht ownership. That is why we designed a professional management company that not only provides service work, but could handle crew, dockage and everything else that comes with owning a large motor yacht.

Over the last few years, as 26 North Yachts has grown, so has FYM, and today, we presently manage approximately 30 yachts of various sizes.


FYM is headquartered in Marina Bay, located on the New River in Fort Lauderdale,
FL. We operate out of a secured marina, filled with resort style amenities, but within close proximity to the various shipyards, making it an ideal location for both crew and owners alike.

One of FYM’s greatest advantages is our proprietary software that allows you to
monitor all of the service work being done on your boat in real time. That means at any time, you can approve or decline any service work. You have the ability to monitor all systems checks weekly or monthly, and can see when they were completed and by whom. You can schedule your trips online in advance, build itineraries online, select your crew and so much more.

Software is one thing, and we are proud of our state-of-the-art yacht management solution, however, what is truly unique about FYM is our people. Our staff is highly vetted before becoming a part of the team and we are dedicated to creating a culture of professionalism, integrity and transparency which is unparalleled in South Florida and throughout the marine industry.

Our Key Yacht Management Services

At FYM, of course we handle all of the necessary maintenance issues and systems checks, but our goal is really to remove all of the hassles, and put the fun back into motor yacht ownership.


Why spend hundreds of thousands of dollars on a yacht, and then fail to enjoy it? Yet, we see this happening all of the time. And, it isn’t just owners who neglect to anticipate the difficulties of routine management and maintenance.

More often than not, owners get frustrated with the problems of delivery, dealing with crew, even with the challenges of planning where to go, and what to do on their yachts!

Unfortunately, because of this, we see owners who wind up spending much less time aboard their yachts than originally anticipated, only to end up selling a few years later.

Our goal is to remove all such frustrations. When it comes to deliveries, for example, we can plan, hire and execute deliveries anywhere in the world. This can mean coordinating yacht transport vessels for Trans-Atlantic crossing and/or local deliveries with captain and crew up the coast or to the Caribbean. In fact, we are one of the few yacht management companies that specializes in transporting yachts from the Chicago area to the East Coast.

Crew hassles? Forget about them. We handle the hiring, firing, payroll, all employee arrangements, and so much more when it comes to crew. Our “On Demand Crew” feature allows you to select crew on an “as needed basis,” which can save you money and avoid a lot of the entanglements of full-time personnel.


Owners who are not quite sure where to take their boat, love our unique feature called “Select Itinerary.”  Owners can go online and select an itinerary from pre-planned trips that we have created around exciting locales and known events, or they can customize a trip with FYM. If you like to dive, we’ll organize a trip around all the great diving spots. If you like to gamble, sight-see, fish, etc., we will plan the trip accordingly, with the right crew and captain.

Owning a luxury motor yacht, can be one of the greatest rewards of your success. It can also be intimidating and frustrating, without the right management company in your corner. We created FYM with one simple goal: removing the burdens from you, so you can enjoy all the benefits that luxury yacht ownership has to offer, with none of the hassles.

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