Artvest is an independent advisory firm that provides investment advice for the art market. Their mission is to help its clients make sound art investment decisions and use art as a vehicle for long-term wealth preservation and capital growth. Since 2013, Artvest acquired The Spring Show NYC, and renamed it as Spring Masters New York, which is an international art and design fair that gathers nearly 60 galleries around world to reflect the breadth and scope of artistic creation from antiquity through the 20th Century. Artvest re-conceptualized and rebranded the fair to foster a dialogue on collecting and the experience of traditional art.
Strengths
1. Multi-products: art investment consulting & Art Fair
As an independent advisory firm, Artvest…show more content… Experienced co-founders
As the con-founders of Artvest, Michael Plummer and Jeff Rabin have nearly three decades of experience in art and finance. Formerly worked at Christie’s Financial Services, both Michael and Jeff are quite familiar with art market and its operational procedures. They found Artvest with their own customer resources and relationship network accumulated in the…show more content… Those artworks are vetted by a panel of experts before fair opening to ensure their authenticity and quality.
Weakness
1. Unsteady of art investment consulting services
Even though it sounds reliable and profitable for art investment consulting services, there is still a problem to convince clients to pay for the art investment advices. Some people are still not used to trust the tired-party analysis report to allocate their funds in the complex, opaque and unregulated art market.
2. Don’t have own database
Artvest relies on tired-party databases such as Artnet, Christie’s and Sotheby’s to make investment analysis.
3. Financial issue of
