diff --git a/prisma/migrations/20220430083454_added_real_estate_to_asset_class/migration.sql b/prisma/migrations/20220430083454_added_real_estate_to_asset_class/migration.sql
new file mode 100644
index 000000000..32707aff7
--- /dev/null
+++ b/prisma/migrations/20220430083454_added_real_estate_to_asset_class/migration.sql
@@ -0,0 +1,2 @@
+-- AlterEnum
+ALTER TYPE "AssetClass" ADD VALUE 'REAL_ESTATE';
diff --git a/prisma/migrations/20220430083631_added_precious_metal_to_asset_sub_class/migration.sql b/prisma/migrations/20220430083631_added_precious_metal_to_asset_sub_class/migration.sql
new file mode 100644
index 000000000..149f87b72
--- /dev/null
+++ b/prisma/migrations/20220430083631_added_precious_metal_to_asset_sub_class/migration.sql
@@ -0,0 +1,2 @@
+-- AlterEnum
+ALTER TYPE "AssetSubClass" ADD VALUE 'PRECIOUS_METAL';
diff --git a/prisma/schema.prisma b/prisma/schema.prisma
index db2ee93c8..a267ab811 100644
--- a/prisma/schema.prisma
+++ b/prisma/schema.prisma
@@ -185,6 +185,7 @@ enum AssetClass {
   COMMODITY
   EQUITY
   FIXED_INCOME
+  REAL_ESTATE
 }
 
 enum AssetSubClass {
@@ -193,6 +194,7 @@ enum AssetSubClass {
   CRYPTOCURRENCY
   ETF
   MUTUALFUND
+  PRECIOUS_METAL
   STOCK
 }