The Fifth edition of the Art & Finance report gives insights into how services related to art and collectibles are now becoming a natural part of wealth managers’ service offerings as wealth managers take a more holistic approach to their clients’ assets. For the first time, almost nine out of ten of the wealth managers surveyed said art and collectibles should be included as part of a wealth management offering.
In addition to the traditional art and wealth management survey, the report also provides global art market outlooks and highlights the intersection between art, finance and culture around the following areas:
- Art and wealth management
- Technology and risk management
This year’s report is built on survey results encompassing around 350 survey respondents, including 69 private banks, 27 family offices, 155 art professionals and 107 art collectors. Moreover, 42 experts representing different aspects of the art or finance worlds have shared their insights through articles and interviews. The result is a comprehensive report which illustrates the trends and developments in the art and finance industry and the global art market in general.
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.