COVID-19 Update: Please note that we are all working remotely and our hours remain unchanged at 8.30a- 5p CT. As always, taking care of our clients remains our top priority. Our phone number is 312-645-1200 and email remains the fastest way to reach us although all calls will be returned by the end of day should you leave a message because no one is available to answer. For more information and resources, see our Latest Insights.

Call Us 312.645.1200

Contemporary Art as an Asset Class

April 24, 2015

Whether or not gold will return as a safe haven for wealth is uncertain but there is no denying that contemporary art is now an asset class to be considered according to Laurence D. Fink as reported in Private Wealth Magazine.

Please click here to read the article.

As with any asset class, we would expect volatility.  We add that, unlike gold, where value of an ounce is worth the same as any other ounce of similar gold, works of contemporary art differ and consequently, will rise and fall in value in very different patterns.

Some of the Information that appears on this site is produced by Chartwell Insurance Services an independent insurance broker specializing in the personal asset protection of successful individuals. Other content is provided as a resource. The contents of all posts are informational only and Chartwell Insurance Services is not providing legal advice nor policy interpretation. If you have questions please direct them to a representative of Chartwell Insurance Services.