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.
#3742059 in eBooks 2016-08-12 2016-08-12File Name: B01KLXH0D0
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