Shalebox: Fostering Transparent Access to Mineral Rights

Shalebox: Fostering Transparent Access to Mineral Rights

Jim Cederberg, President, Shalebox Jim Cederberg, President
Managing oil, gas, and mineral rights can be a daunting task. The investors need to acquire extensive knowledge of the oil and gas industry before investing in mineral rights as there are many pitfalls associated with it. When deciding to pursue mineral rights investments, it is crucial to choose the right projects suggested by the wealth managers. The wrong ones can yield lower returns or create complications that make it difficult to build wealth through mineral rights ownership. For instance, higher initial costs and potential complications must be measured against the possibility of future profit. However, when it comes to individual investors compared to large-scale oil companies, the information asymmetry often disrupts the workflow for individual investors. Also, in many cases, the individual investors and large-scale companies dealing with the wealth managers complain about the lack of granular access to their real assets. Collaborating with the right technology partner can help wealth managers and their clients understand how mineral rights work and what all it takes to maximize the profitability of investments. This is where companies like Shalebox creates a difference.

Shalebox is one of the leading companies that provides wealth managers and their clients with tools, data, and resources to manage real assets effectively. The Texas-based company also offers valuation and portfolio management software, which helps wealth managers to operate deep integrated analytics based on multiple data sources. “We provide an end to end solution to the wealth managers through our cutting-edge technology. Moreover, we are also proud to have a team of experts who have worked at the world’s leading wealth companies,” asserts Jim Cederberg, President of Shalebox. On the other hand, the changing work dynamics within the wealth management space has witnessed a growing number of robo advisors. In order to address this issue and be at par with robo advisors, Shalebox puts forward an easy-access tool for the wealth managers. This tool allows wealth managers to have a competitive edge over others and efficiently manages their clients’ assets. A team of real asset specialists also helps the clients of wealth managers diversify the portfolio and personalize them.

As mentioned earlier, clients in contact with the wealth managers often complain about the issues considering the real assets’ insights. It is indeed difficult for the wealth managers to present a detailed insight of all the assets belonging to the clients as it requires a large team to manage all the reporting that goes along with it. At this juncture, Shalebox changes the paradigm. The company process millions of data regularly by updating the activity reporting and forecasting on the asset by asset level and directly deliver it to the clients, combined with an end to end real asset management team.

Further, the analytics tool of Shalebox combines data from 50 plus resources to give a clear view of asset valuation. In parallel, the company utilizes these proprietary valuations to help clients acquire properties, manage existing properties, and forecast financials in real-time. This end-to-end tech-enabled service forecasts a greater transparency level and distinguishes Shalebox from other outdated manual processes that are vague and expensive.

We provide an end to end solution to the wealth managers through our cutting-edge technology

Treading on the philosophy of precision, Shalebox conserves all the data across the country and integrates it with its AI system to develop accurate asset valuations. The company primarily offers three software services to improve acquisitions and production. The three software’s are portfolio tracker, valuation analytics, and bid optimizer. portfolio tracker accurately forecasts daily mark-to-market view of assets to the changing market trends and helps the clients to plan their next move. valuation analytics eliminates the guesswork as it makes upside predictions based on AI technology. And lastly, the bid optimizer puts an end to overpaying for mineral rights and royalties by identifying more profitable deals. “We are very customer centric rather than competitor obsessed. We have been able to deliver the best technology and solutions for our clients in the real asset space, and that made our business grow very rapidly,” states Cederberg.

Highlighting the unique value proposition of Shalebox, Cederberg mentions two different success stories that genuinely symbolize the company’s flexibility. In the first place, the client that approached Shalebox holds an existing portfolio of oil and gas properties built over the years. As the portfolio expanded considerably, it was getting difficult for the client to keep track of all the assets. Noticing the Russia Saudi oil price war and a crash in oil price due to the pandemic, the client reached out to Shalebox in panic. Shalebox, in return, integrated the cutting-edge software in their properties to assess the price impact on their investments on a live ongoing basis. Another client that approached Shalebox was looking to build a portfolio from scratch as they were looking to enter the real asset space. The diverse services team of Shalebox that consists of geologists, petroleum engineers, professional land managers, and financial experts, utilized the software suite of Shalebox and made a portfolio that the client was eyeing for. Previously it was tough to build a portfolio for new clients as it was limited to major oil companies, but with the tech-enabled service of Shalebox, this barrier no longer exists.

For the future, the company will continue to expand its industry-leading wealth management partner program to serve as the principal contributor to real asset management services. This program also permits the private wealth managers to enable their clients with a chance to access real assets alongside professional management while eliminating all the inconvenience that comes with building out a specialty asset team. “We are aiming to collaborate with wealth managers of all sizes. There are several small wealth managers who might have high net worth and are on toes to enter this space. So, we are taking an attempt to make asset management more accessible to people across the spectrum,” concludes Cederberg.

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Top 10 Wealth Management Solution Companies - 2020
Shalebox

Company
Shalebox

Headquarters
Houston, Texas

Management
Jim Cederberg, President

Description
Shalebox is one of the leading companies that provides wealth managers and their clients with tools, data, and resources to manage real assets effectively. The Texas-based company also offers valuation and portfolio management software, which helps wealth managers to operate deep integrated analytics based on multiple data sources.Shalebox puts forward an easy-access tool for the wealth managers. This tool allows wealth managers to have a competitive edge over others and efficiently manages their clients' assets. A team of real asset specialists also helps the clients of wealth managers diversify the portfolio and personalize them