Luke Dugdale co-founded Cadell + Co in 2015 after more than 25 years in finance, where he launched the art lending division of Deutsche Bank. The first advisory subject to FCA standards, the firm applies ‘the highest level of professional standards to the unregulated and difficult art sector’, Dugdale explains.
Cadell + Co works with trusts, lawyers, professional services, private banks and family offices. ‘Most of our clients are market professionals and are all regulated themselves,’ he says. ‘We’re very much putting ourselves into the same camp.’
Dugdale himself is a collector of Fifties and Sixties watches. ‘HNWs will all collect something,’ he says. ‘There will always be something they’re passionate about.’
