Art Wealth Management

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    Art Wealth Management
    Managing Private Art Collections
    By: Alessia Zorloni
    Publisher:
    Springer
    Print ISBN: 9783319242392, 3319242393
    eText ISBN: 9783319242415, 3319242415
    Copyright year: 2016
    Format: PDF
    Available from $ 74.99 USD
    SKU 9783319242415
    This book offers an overview of how to manage private art collections, providing essential insights on art wealth management, art investment, art governance, and succession planning for art assets. It offers practical recommendations on sound art collection governance, but also examines the background of art markets and price building, including the influence of fashion and trends. Throughout history, art patronage has played an important role in the wealth of ultra-high-net-worth families and led to private museums funded by philanthropist collectors in order to celebrate their own tastes and leave a lasting legacy. Today, as a result of the growth of art investing by a new generation of wealthy collectors, not only artists but also wealthy families, sophisticated investors and their close advisors now face a more complex set of financial and managerial needs. As such, the contributions in this book will be of interest to collecting families, family offices, and professional advisors seeking to integrate art into their overall wealth management strategy, and to scholars in the fields of cultural economics, art dealers, curators, and art lovers.
     

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