Assets

AET will custody many different types of assets. Examples include

Loan
Real Estate
PPM
Metals
LLC Interests
Cryptocurrency

Creating Assets

There are two ways to create an asset

Though an investment created on the AET platform
As part of the transfer in process

Creating an asset through an investment

As part of the normal investment process, the asset will be created if the investment is approved.

Once the asset is created, you can retrieve details about the asset using the get asset value endpoint.

Creating an asset through a transfer in

See the transfer in guide

Updating an asset value

Clients are required to keep the value of the asset up to date on a yearly basis. To do so, an asset value change review is created on the system. The asset value update is then reviewed by AET.

To facilitate this process via the API:

Create an asset value change review this give the asset change review a status of On Hold For Review
Update the asset change review if need be - you can only do this if the status of the asset change review is either On Hold For Review or On Hold For Correction.
Use the list asset change review endpoint to get the status of the review

The list endpoint will contain a field called status. If the status field is Rejected you will need to use the notes field to understand what issue AET had with the asset value change review.

Asset review statuses

The following are possible values for the asset value review status:

Approved
In Process
On Hold For Correction
On Hold For Review
Rejected
Draft