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Wealth Tracker: How should investors allocate to art as banks expand advisory and lending?
Bank of America’s move into art consulting signals a broader shift toward treating art as a financeable, allocatable asset within wealth portfolios. With banks like JPMorgan, UBS, and Citi scaling similar capabilities, art is becoming more embedded in discussions around liquidity, risk, and returns. On The Wealth Tracker, Hongbin Jeong speaks with Grace Lau, Founder and CEO of ArtWise, to break down how institutional involvement is reshaping art as an asset class and what that means for returns, risk, and allocation.See omnystudio.com/listener for privacy information.
The skinny
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