#art-advisory

#art-advisory

If you're looking for art advice, consider asking your bank. Rebekah Bowling, an art advisor at Citi, helps ultra-high-net-worth clients in Citi Wealth manage and build their art collections and knows how hard it can be to make sense of the market. Bank of America, Morgan Stanley, and UBS are among the other banks offering art advice to wealthy clients.

Without the vast overheads of auction houses and galleries, the leaner, nimbler, more discreet advisory model chimes with a cautious market. "Many of us advisors have thought, what about a Super Advisory firm: taking five specialists from different departments in the auction houses and putting them to work without the overheads," says Josh Baer, author of the Baer Faxt trade newsletter and himself an art adviser.