View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
October 23, 2017updated 30 Oct 2017 10:41am


By Rasika Sittamparam

Former banker Randall Willette founded Fine Art Wealth Management in 2003 ‘to integrate art more actively into the wealth management strategy for HNW clients’, he says.

‘Art in terms of wealth creation has become a serious business,’ he says. ‘In the last ten years people have started looking at it more strategically and at the role that plays in people’s estates.’

The firm, which is membership-based, is essentially a consultancy that offers training and workshops, networking, market intelligence, and research on financial planning around art assets. As the interests of financial families with exceptional art wealth have become more diversified, Willette saw a need for aggregating expert knowledge around ‘governance’ to ‘help establish the guidelines of how collections are going to be managed, and how the decisions around that are made’, he says. The firm has strong relationships with a long list of experts.

It’s all about developing ‘best practice among wealth managers and other practitioners who work with HNWs on their financial planning needs and have identified that those clients as having substantial art collections’, says Willette.

Content from our partners
How Flygreen is ascending into the future of private aviation
Stoneweg, Icona, and CBH Strengthen Partnership with Cromwell Acquisition, Adding €4 Billion AUM to Stoneweg
Why investors should consider investing in nature

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network