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Art Wealth Management: Managing Private Art Collections

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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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Detail Information

Series Title

Management for Professionals

Call Number

658.15 ART a

Publisher

Cham, Switzerland : Springer Cham., 2016

Collation

XIII, 162

Language

English

ISBN/ISSN

978-3-319-24241-5

Classification

658.15

Content Type

text

Media Type

computer

Carrier Type

online resource

Edition

Ed. 1

Subject(s)

Cultural Economics
Personal Finance/Wealth

Specific Detail Info

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Statement of Responsibility

Editor: Alessia Zorloni

Other Information

Cataloger

umi

Source

https://link.springer.com/book/10.1007/978-3-319-24241-5

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