The Fine Art Group are proud to announce that our Founder & CEO Philip Hoffman has been selected as a Top Recommended Art Adviser in the 2020 edition of Spear’s 500.
As a leading wealth management authority, their annual publication is an essential guide to the market’s best private client advisers, and we are thrilled to be recommended to their UHNW and financial services community.
To learn more about Philip Hoffman and The Fine Art Group in the 2020 Spear’s 500 rankings, please click here.
“Gathering people together at art fairs created so many discussions and opportunities. We need that oxygen.”
Following the news that Art Basel is to be postponed once again, Managing Director Guy Jennings discusses the recent absence of art fairs and the snowball effect this has on gallerists and auction houses.
To read more of Guy’s comments on this piece by The New York Times, please click here.
The Fine Art Group’s new Sports & Entertainment Specialty Practice and Director Shane David Hall have been featured in the Atlanta Business Chronicle Sports Biz Notebook.
To read the article and learn more about The Fine Art Group’s Sports & Entertainment Specialty Practice please access the link below.
Read the article.
Leize Gaillard of William Means Real Estate located in Charleston, SC, recently featured The Fine Art Group Southeastern Regional Representative, Shane David Hall, in her October Newsletter.
Leize is a twelfth generation native to Charleston – this long familiar history has encouraged her passion for Charleston architecture, historic preservation, and the real estate market. Much like The Fine Art Group, Leize appreciates the role of a trusted advisor and encourages a spirit of stewardship and transparency among clients.
Read the full newsletter here.
“This is serious business and should not be trivialized.”
Managing Director Guy Jennings comments on the recent 20th Century Evening Sale at Christie’s, arguing that its distracting entertainment should not be taken lightly, nor detract from the sales results.
To read more of Guy’s insight into the content of the sales and the overall sales statistics, please click here.
“Collectors have already adjusted to considerable uncertainty [in 2020] in every aspect of their lives, and the industry as a whole has adapted at a remarkable pace to the radically transformed trading conditions.”
Senior Director Morgan Long comments on the latest Christie’s 20th-Century Evening Sale, and how it reflects that collectors have already fully adjusted to these times of uncertainty.
To read more about the auction results and the high-tech, live-streamed event, click here to read the article in full.
“The whole market is going to change in how it’s transacted.”
The Fine Art Group Founder and CEO, Philip Hoffman, spoke to CoBo Social Managing Editor, Denise Tsui, about what the art market might look like in the wake of COVID-19.
To read more of his perspectives on the future of the art market, please click here.
“There are likely lots of collectors out there looking for liquidity who are just not aware that art-based financing can be a fast route to capital.”
Speaking to Bloomberg, CEO of Art Finance Freya Stewart discusses the two-fold increase in art-based financing enquiries during the spread of COVID-19.
To learn more about how clients are increasingly turning to their art collections for the security of readily available capital, click here to read the full article.
“A true real asset art loan (meaning a loan secured solely by art, without extensive borrower financial assets/liquidity tests) is very attractive for owners of high value art (and jewelry) because it’s a very straightforward way of releasing capital in short order, at a time where access to fast liquidity is so valuable for many people.”
CEO Art Finance and Group General Counsel of The Fine Art Group, Freya Stewart, speaks to Patricia Lee at Withersworldwide and discusses bank loan liquidity opportunities and current art loan challenges.
Read the article in full here.
“Whether you need guidance through the art market or wish to develop your taste and artistic knowledge, it is worth seeing the advice and support of experts. Philip Hoffman is one of the most experiences of these experts.” In the entrepreneurs issue of Credit Suisse’s magazine, Scope, our Founder and CEO Philip Hoffman points out that “collectors are no longer thinking of their art as a separate, purely passion-driven entity – they want it to be financially sustainable, secure, and efficient – from buying to storing to selling. I think both collectors and private bankers now appreciate how valuable proper advice is in this area.”
Follow this link to the full article to read about shifts in collecting trends, the importance of independent art advice, and how to borrow against your art.