ARIS on Art as an Alternative Investment


INTERNATIONAL ALTERNATIVE INVESTMENT REVIEW – Fine art and other treasured tangible objects are alternative asset investments, which are becoming a major percentage of mid-tier and UHNW clients’ wealth and require specialized expertise to manage strategically. Many large single family offices, whose founders are often well-known art collectors and art patrons, have little to no expertise or experience planning around artwork. Financial wealth advisors should understand how to access experts in the relevant, specific art markets and areas of tax, legal title, recognition, liquidity and premiums. For instance, as with any investment, clear legal title to passion assets is critical and can be secured with art title insurance. Click for Full Text.