Art Wealth Management : Managing Private Art Collections /

Art Wealth Management : Managing Private Art Collections /

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Bibliographic Details
Imprint:	[Cham], Switzerland : Springer, [2016]
Description:	1 online resource (xiii, 162 pages)
Language:	English
Series:	Management for professionals, 2192-810X Management for professionals.
Subject:	Art -- Private collections. Art -- Private collections. Electronic books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11265871

Hidden Bibliographic Details
Other authors / contributors:	Zorloni, Alessia, editor.
ISBN:	3319242415 9783319242415 3319242393 9783319242392
Digital file characteristics:	text file PDF
Notes:	Includes bibliographical references. Online resource; title from PDF title page (Ebsco, viewed December 2, 2016).
Summary:	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.
Other form:	Print version: Art Wealth Management. [Cham], Switzerland : Springer, [2016] 9783319242392 3319242393
Standard no.:	10.1007/978-3-319-24241-5

Table of Contents:

Turning Collections into Philanthropic Opportunities
Financial and Estate Planning for Art Assets
Assessing and Improving the Effectiveness of Private Art Museums
Celebrity Effect in the Contemporary Art Market
Deepening Business Relationships Through Art
The Art Collector Between Private Passion and Philanthropy
Appendix: Private Museums and Their Founders.