Anita Heriot, President of the Americas for The Fine Art Group, was interviewed by journalist Katya Kazakina for Artnet News’ latest article, “Why the Biggest Blue-Chip Art Collectors in the World Are Suddenly Pumping Hundreds of Millions of Dollars Into Baseball Cards.”
Read More on Artnet.com
Read the Full Artnet Article
Art can be the glue that binds a family and can create a lasting financial legacy. Anita Heriot, President of the America’s, shares her art collection journey with one Tiger21 family.
“Since the pandemic, we have seen increased demand as people want to retain more personal liquidity. It makes sense to offer the service to buyers at auction as well as on the private market.” -Freya Stewart
Our CEO of Art Finance Freya Stewart speaks to Melanie Gerlis at the Financial Times to discuss purchase financing and its role in the art market. Freya highlights the benefits of purchase financing, particularly in regards to the upcoming London auctions.
To read the article in full and learn more about the qualifying works for financing from The Fine Art Group please click here.
Our CEO and Founder Philip Hoffman appeared on this week’s episode of the ArtTactic Podcast. Philip discusses his decision to acquire Pall Mall Art Advisors during a trend of consolidation within the broader art market and uncertainty of the pandemic. He also shares his views on the current landscape of the art market, from what collectors are looking for and the importance of appraisals to a discussion on the impact of Covid-19.
To listen to the podcast in full and learn more about where valuable opportunities in the art market lie, please click here.
I am delighted to announce that Pall Mall Art Advisors has been acquired by the London based company, The Fine Art Group. Over its 20-year history, The Fine Art Group, founded by Philip Hoffman, has established itself as a powerful presence in the global art market, evolving from its origin as The Fine Art Fund into a comprehensive art services group spanning art advisory, art secured lending, art agency, art investment and valuations. The Fine Art Group serves the upper end of the art market and offers unrivaled in-house expertise in fine art and jewelry.
This merger cements our position as the market leading independent art services group for every stage of the art collecting cycle. The sale makes perfect sense as we continue to focus on expanding our services and global footprint. Both companies share the same guiding principles of providing transparent and independent white glove service to exceed our clients’ expectations. Like Pall Mall Art Advisors, The Fine Art Group has a strong commitment to developing long-standing client relationships and meeting their evolving needs in a changing market.
We plan to consolidate our brand to be represented under The Fine Art Group name, which will be rolled out over the next few months. My colleagues and I look forward to connecting with you soon to discuss in greater detail this exciting news and the extension of specialty services it offers you.
Anita Heriot
President, the Americas, The Fine Art Group
Read more about the merger on Artnet.com.
“We all miss the sense of occasion that comes with going to an auction,” Mr. Jennings said. “I’m really anxious to get into one.”
For the first time since the start of the pandemic, Sotheby’s invited a select few collectors and dealers to attend their live streamed auctions in real life, and finally bid in person rather than online or over the phone.
Managing Director Guy Jennings and Senior Director Morgan Long were recently asked to comment on this, speaking to The Wall Street Journal last week about their own viewing habits and how different it is to participate in the auctions from the comfort of their own homes.
To read the article in full, please click here.
“A lot of our clients are entrepreneurs, and they use leverage across their businesses and personally,” said Freya Stewart, CEO of art finance at The Fine Art Group. “They have a lot of valuable capital tied up in their art collections and they want to release that capital for other uses.”
Following a surge in loan requests due to the pandemic, Freya Stewart discusses the appeals of leverage to entrepreneurial collectors who are using their artworks as both loan collateral and an investment product.
To read more of Freya’s comments in this CNBC article, please click here.
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.