The Art Advisors NYC Experts Recommend Help Collectors Improve Their Portfolios

By Andrew Taylor


Most people who love art enjoy collecting it in some form. Very few are in a position to purchase important work, but many get pieces from local galleries, antique and big box stores. Serious collectors in are another class. Most appreciate fine works, and have the money to buy them, but are also interested in artwork as investment material, purchasing only those pieces they believe will increase in value. These are the people who call on the art advisors NYC experts suggest.

For many collectors an artistic advisor is more than they require. On their own, they can browse galleries and decorate their homes with paintings, pottery, and textiles that please them and enhance their decor. If you have decided to invest in artwork, in a business sense, then finding an expert assistant who has the knowledge to suggest which pieces will give you the best return is an important decision.

Serious investors, on the other hand, usually need an experienced professional with an extensive background in academic studies that include history, artists, genres, and styles. These are the people who know which young artists are most likely to become important in the creative world. They are experts who can introduce clients to the artistic world's most influential people. An advisor will bid for a client at an auction and negotiate with galleries.

In order to be effective agents for their clients, advisors must understand what influences the market, be adept at analyzing auction sales, and know how the artistic community operates privately. The first understanding an advisor and client must have is the client's budgetary commitment. Once the advisor has this information, it is possible to expose the client to the highest quality choices within those monetary constraints.

Inexperienced clients sometimes hear the name of a famous artist and get excited about acquiring an available piece. A good advisor knows that not every piece of art an artist produces is a masterpiece. Some works are worth more than others, and it is an advisor's job to point this out to their clients.

Some inexperienced collectors assume that galleries treat all their clients alike. In most cases, this could not be further from the truth. Gallery owners routinely contact their preferred clients to let them know when an important piece will be available. A good advisor will already have a good relationship with the owner and get the same confidential information.

Serious collecting can have international, tax, and legal implications that require the services of experienced bankers, lawyers, and accountants. It is customary for important clients to leave these kinds of details to the professionals. An artistic advisor will work with the client's representatives to handle these issues.

For art lovers, at all levels, discovering a painting or piece of pottery that they love, and can afford, is a great pleasure. Serious investors look at artwork differently. With the help of a talented advisor, their purchase decisions include the prospect of increased wealth.




About the Author: