Picasso or Porsche? Understanding Collections as Financial Assets
REGISTRATION DEADLINE IS EARLY: SEPTEMBER 16, 5:00PM
Access link will be sent to registrants on September 21 in the morning.
The program is September 23 from 11:45 AM to 1:00 PM
Over the past ten years, classic cars, fine art, wine, and other passion assets have appreciated significantly in value. In addition, acquiring the pieces as an investable asset, many clients buy art and collectables because they are passionate collectors. A client needs to have knowledge about their acquisitions and their corresponding markets to maximize profit and to minimize taxation. When presented with a collection of passion assets such as art, classic cars, wine, jewelry, and other valuable collectibles, a financial, risk or legal advisor can face challenges when determining whether it constitutes an investment grade significant asset or is merely a decorative acquisition, but not an essential part of their overall portfolio.
Patrick Trittler: As a Business Development Executive with Marsh Private Client Services (PCS) since 2016, Vice President Patrick Trittler creates and delivers comprehensive personal risk management for clients with complex lifestyles and insurance needs. Using an in-depth consultative process, Patrick conducts a detailed program analysis, develops tailored recommendations, and provides expert advice and advocacy to clients of Southwest Florida. Formerly with Lutgert Insurance, he is very familiar with the unique needs of high net worth individuals.
Colleen Boyle: Colleen brings over 20 years of diverse experience in the art and financial world to Pall Mall Art Advisors. She has valued art and collectibles for corporations, museums and private collectors throughout the United States. Colleen earned a diploma in French Fine and Decorative Arts at Christie’s in Paris, a Master of Arts degree in Art History from the University of St. Thomas, and a Bachelor of Arts degree in Economics from The College of William & Mary. She is a member of the International Society of Appraisers and the Appraisal Association of America, and is USPAP (Uniform Standards of Professional Appraisal Practice) compliant. She has provided legal analysis for court cases involving art valuation and identification; and regularly assists clients with monetization strategies of tangible assets for charitable endeavors as well as identifying institutions for direct donations. She conducts lectures and Continuing Education classes on diverse topics pertinent to art and collectibles, and is featured in a documentary titled “The Real Fake.”
Pall Mall Art Advisors recently merged with The Fine Art Group, an independent, global team of art advisors and art finance experts. From building a collection and acquiring art, sale strategy and management, to investment opportunities and art financing, The Fine Art Group has the experience and capacity to meet a wide range of needs and interests. Their in-house expertise spans Western art from 1500 to the present day, with an emphasis on Impressionism, Surrealism, Modern & Contemporary art and Jewelry. Through their trusted network of consultants, they are also well placed to provide advice across most other categories in the market.