Art as an Investment is a Solid Financial Alternative.
- Liquidity optimization
- Manage overexposure to risk
- Develop appropriate reporting
- Optimize taxation or organize appropriate transmission to heirs
- Effective tax and inheritance planning for collections or gifting or donation to charity
We tell clients that they should target [returns] in the mid-teens, net of fees and expenses, but there is not yet a lot of evidence that this can be easily achieved. The art-fund industry is only 10 years old." - Michael Plummer, a partner in New York City-based ArtVest Partners LLC.
|"Diana" ca.01 by Tatjana's cubism | surrealism, Photo: P.Kirane|