Asset Location and Searches From a Private Investigator
Through our asset location and asset search services, we find what was missing, learn the facts about a person or business, and provide the necessary information required to make financial decisions. While various scenarios lead to an asset search, the broad service is widely used by law firms, insurance companies, businesses, and individuals.
Our search stretches far beyond the lakes of Minnesota. It’s common for assets to be dispersed across various accounts and mediums, and they’re rarely all in one physical location. By utilizing various databases and information sources, a clear financial picture can be painted.
Asset searches take time and an inexpensive online search rarely can be considered accurate or complete. Outsourcing the task to a profession is advised whenever high-dollar assets or large sums of money are involved. Let’s dig into exactly what it is, who would require these services, and how the asset location information is actually used.
What Is An Asset Location and Asset Search?
Asset location or asset recovery refers to the process of finding items that have been stolen, missing, or lost track of. Locating assets is also telling as to whether an individual has the means to pay a debt.
Asset search or asset investigation is physically performed by searching public and private records to find or confirm information. The information can be related to tangible assets owner, bank accounts, and other investments or businesses tied to an individual.
Brokerage accounts, bank accounts, real estate, ownership in a business, and debts are examples that scrape the surface of what an asset investigation uncovers. As you can imagine, the findings can vary drastically from case to case.
Crescent Investigations has decades of asset location experience. From jet planes to out-of-state vacation homes, we have found them.
Who Utilizes Asset Location & Asset Searches?
A quality asset search provides a picture of an individual's financial life. This information is often used by law firms, for business decisions, and insurance companies. Fraud suspicion, cross-checking a business partner, child support rulings, vetting of a customer or supplier to assure they are financially sound, and theft are common scenarios requiring an asset search.
But not all asset searches are tied to suspicion, crime, or negligence. In many cases, assets are traced after a person passes away and clear records were not kept.
How Asset Searches Help Make Decisions
When the picture is painted and clarity has been brought to an individual's financial status, the information is often used to make a decision. The goal of asset investigations is to assist our clients in making decisions based on facts rather than speculation.
The information is often used to formulate an argument against a defendant in a lawsuit or settlement. In business, asset searches bring peace of mind to large financial transactions. In this case, the asset search may be to uncover the financial health of a company rather than the owner or an individual. Mergers and acquisitions are common scenarios for this practice.
Suspicions of money laundering or embezzlement can lead to speculation and lots of questions. Through an asset search, answers and facts can be gathered. And when property or money is lost track of, due to the passing of time or the death of a family member, asset searches can find what you may not have even realized belonged to you.
A quality asset search takes time and resources. Think twice before trusting an online search — they simply aren’t telling a complete story. Missing pieces are what lead to false accusations and misinformation can lead to poor decision making.
For more information on our through asset search reporting services — contact us at 507-533-6426 or contact@crescentinvestigations.com to see if we’re the best fit for your search.
About Crescent Investigative Services
Crescent Investigations is a full-service private investigations firm located in Southeast Minnesota. We serve attorneys, businesses, municipalities, and individuals in our own Rochester, MN community and throughout our home state of Minnesota.
Our team is made of seasoned investigators, many with a background in law enforcement. Dean Mikel, the company's founder, started Crescent in 1992 after serving as a Special Agent with the U.S. State Department. Bill Sires joined Mikel in the late 1990s as an investigator alongside his law-enforcement career. Upon Mikel’s retirement, the ownership transition to Sires in 2021 was seamless thanks to their long-standing partnership.
As the company grows, new investigators with unique skills have joined the team to broaden the scope of services Crescent offers. Crescent is known as a local leader when it comes to litigation support and background investigations. As the company grows, crash-reconstruction and HR & Employee Conduct Investigation Services are just 2 notable services now offered, filling a noticed gap in the market.
For more information or set-up a no-obligation consultation call or email: 507-533-6426 or contact@crescentinvestigations.com