ABOUT US





Dave Blancett, Managing Member of Yacht Risk Management, LLC is a yacht lending consultant and the sole employee. When you contract with Yacht Risk Management, LLC, Dave will be your consultant. In addition to providing expert guidance, he will also guide you through contracting with other experts in the yacht industry required to accomplish your goals.

Dave started his career in the yacht business in 1975 as a sailing instructor and licensed captain. Over the next 9 years, he progressed through yacht sales positions and expanded his professional and marine industry experience as national sales manager for Morgan Yacht, an international sailing yacht manufacturer.

In 1983, Dave shifted his career to banking and marine lending. In 1984, First National Bank of Chicago asked him to design and implement a yacht lending program. In 1989, after successfully producing a high quality yacht loan portfolio for First Chicago, John Deere Credit recruited Dave to reposition their small boat lending operation into a yacht lending program.

Over the next ten years, he developed and administered yacht loan credit standards, managed acquisitions and sales of yacht loan portfolios and loan origination companies. He also directed the repossession and foreclosure of yachts ranging in size up to 144 feet and in locations ranging from Hawaii to Spain.

Dave was president of First New England Financial, a national yacht loan origination company and when Wachovia acquired the company, he also became a senior vice president of the parent company. Dave also served as President of the National Marine Bankers Association from 1992-1994.