An impending massive transfer of art assets requires purpose-specific valuations

If we have selected the wrong experience for you, please change it above. This publication is a barometer for emerging trends and sentiment in the art and finance industry and highlights developments in the art and wealth management space. The 2025 edition of the biennial Deloitte Private and ArtTactic Art & Finance Report arrives amid market stagnation, shifting collector values, and an unprecedented global wealth transfer, with an estimated $992 billion in art and collectibles expected to change hands over the next decade. As the art and finance ecosystem adapts to demands for transparency, inclusivity, and purpose, innovation and strategic engagement are more critical than ever. Since 2011, the report has tracked the integration of art into wealth management . Over the last 14 years, what began as a question of relevance has become a matter of execution: in 2011, only a quarter of wealth managers offered art-related services; today, 51% do, reflecting a gradual shift in perception and practice. This edition draws on insights from 57 experts and nearly 500 survey responses , featuring stakeholders across the art and finance industry, including private banks, family offices, collectors, and art professionals. It features 30 articles from leading industry professionals , including contributions from eight Deloitte offices across the world. It explores how next-generation collec

The Art Basel and UBS Global Art Market Report 2026 , authored by Dr. Clare McAndrew of Arts Economics has just been released and it is signalling a cautiously optimistic turn for the art trade. The global art market grew by 4% year-on-year to an estimated USD 59.6 billion, after two challenging years. Whereas weakness at the top end had dragged global values down in 2024, the 2025 uptick was led by renewed activity at the high end and a rebound in public auction sales. The report also noted strong auction results, an increase in art fair sales, and greater gender parity in gallery representation. However, performance across regions and segments was uneven, as the art market navigated trade policy unpredictability associated with US tariffs and global inflation. Online sales, a promising new channel in recent times for dealers and auction houses alike, were also found to be losing momentum as transactions migrated back to in-person channels. Here are seven takeaways. The Art Basel and UBS Global Art Market Report 2026 can be downloaded for free here . 1. The global art market returned to growth amid ongoing recalibration Sales in the global art market increased by 4% year-on-year to an estimated USD 59.6 billion. While this marked a welcome shift in the direction of the market following two consecutive years of declining values, the recovery was moderate, leaving the market bel

Careful planning could help you achieve your wealth transfer goals without giving up the collections you adore. Challenges of transferring art to beneficiaries How trusts can support leaseback strategies and family outcomes Additional estate planning considerations for art collections When to start planning for your collection Of all possessions, fine art may be among the most personally meaningful, an expression of its owner’s values and sense of beauty. Yet art is also an important financial asset that should be carefully managed with your overall financial goals in mind, says Rosemary Ringwald, Head of Art Planning in the Planning Center of Excellence at Bank of America Private Bank. That’s especially true when it comes to estate planning. For those with valuable collections, common goals such as distributing wealth to loved ones as tax-efficiently as possible may conflict with another desire: continuing to enjoy the artworks they love. Here, Ringwald discusses some of the challenges and options to help ensure your art satisfies all of your priorities. Rosemary Ringwald, Head of Art Planning in the Planning Center of Excellence at Bank of America Private Bank. If you view your art as a legacy you hope will remain in the family, it is important to talk with beneficiaries early to ensure they share your passion. If they do, the main challenge is moving pieces out of your e

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