Hottinger Group, a multi-family office headquartered in London, has launched an art consultancy service to support clients in managing their art collections.
Consultancy services offered by Hottinger Art will include collection management and logistics, philanthropy, art lending (through Hottinger Private Office), authentication and valuation, assistance with the sale of artworks as well as structuring and estate planning to ensure the smooth transfer of a collection from one generation to the next.
The services will be provided through Hottinger Art, set up by Mélanie Damani who moved to the firm last year.
Art investment can evoke passionate responses and tap into personal preferences in a way that investments in stocks and bonds seldom manage, but it's not without its challenges"
Prior to joining Hottinger, Damani led Art Advisory at Edmond de Rothschild Group.
She previously also served as an associate lawyer within the wealth management group of Baker & Mckenzie in Zurich.
Hottinger Group CEO Mark Robertson said: "Through Hottinger Art, we ensure we have the capability in-house to deliver the independent and shrewd advice that our clients need to navigate the art world.
"Art investment can evoke passionate responses and tap into personal preferences in a way that investments in stocks and bonds seldom manage, but it's not without its challenges.
"To do it well ideally needs expertise in the appreciation of aesthetics and a thorough understanding of legal issues, both of which Melanie is able to offer our clients in abundance."
Damani added: "The Hottinger family has always been passionate about art and has an incredible history of art collecting. Many of the firm's clients today are interested in art and are either already investing or looking to invest in this asset class. I am proud to be part of this next stage of the Hottinger story."