An Art advisor provides first time art buyers, novice, seasoned collectors and investors indispensable access to an artist’s work while evolving an insightful conversation aimed at understanding the collector’s primary intentions for acquiring the art, the perceived space that the work is intended for and the allocated budget. Theycarefully guide the collector through the artist’s oeuvre, and at the very least assist them in narrowing down interests and certain preferences, thereby helping the collector to make astute decisions pertaining to selection and acquisition of the artwork.
The art advisory profession has been around since the Renaissance, but its popularity has exploded in the later half of the 20th century. Before that, clients mainly relied on working with trusted art dealers or relying on their own personal tastes. But increasingly, wealthy collectors are looking for a third party with expertise, influence and important relationships in the art world, but no monetary stake in the final sale of a work.
An art advisor can be the golden ticket to the most coveted contemporary art trophies. A collector can't just walk into a branded gallery in London or New York, drop $20 million on the table, and walk out with one of the works on display. There is a process. Each gallery and/or art dealer needs to trust that the buyer isn't looking to flip the work at their or earliest convenience or otherwise make money at the expense of the artist or gallery. In essence, this kind of trust can take years to establish, but reputable art advisors already have established connections, hence they can aid in facilitating important purchases with ease.