NEW YORK, NY.- Phillips announced the launch of its new art advisory platform, Phillips Art Advisory (PAA). Designed to offer a bespoke suite of services to an exclusive group of private collectors around the globe, PAA gives advice on the formation of cohesive collections, based on personal taste and connoisseurship. PAA is dedicated to the philosophy of thoughtful curation and offers a customized, strategic approach to encourage the successful development of the collectors vision and goals.
Edward Dolman, Phillips Chief Executive Officer, says, We are excited to offer our clients an unparalleled level of support and resources through Phillips Art Advisory. With our unrivaled experience and international presence, PAA is uniquely positioned to support our clients in this endeavor by providing guidance, research, and expertise for acquisitions, as well as long-term collection development, with a specific focus on 20th Century & Contemporary Art.
Kevie Yang, Head of Phillips Art Advisory, notes, 2020 was a year of profound restructuring, innovation and advancement for the ever-growing global art market, given the extreme difficulties we had to face and conquer. We are seeing great opportunity amongst all the changes, with more and more private clients seeking professional and strategic advice on their collection building, particularly those in Asia. Phillips Art Advisory aims to bridge the gap and facilitate the goals of the most ambitious collectors. Our strong relationships and networks with private collectors, primary galleries and public institutions extend beyond the realm of the auction platform. We will be the eyes and ears on the ground for our advisory clients.
Phillips Art Advisory offers a comprehensive suite of services that supports clients through every stage of their collections life cyclefrom the initial acquisition of an artwork to long-term collection development and management. The scope of services provided to each client is entirely tailored to their specific needs. PAA works closely with clients to provide thoughtful guidance on collection building, informed advice on acquisitions, and recommendations on new artists. PAA will help clients identify opportunities in both primary and secondary market. Our clients will also enjoy guided visits to art fairs, gallery exhibitions and artists studios.
Leveraging Phillips extensive resources on hand from a team of specialists on the ground in major cities across the world to the groundbreaking Articker software, which tracks the success of over 150,000 artists PAA will bring collectors a holistic view, unparalleled industry intelligence, and deep market sophistication. With the support of Phillips Art Advisorys institutional knowledge, relationships and expertise, collectors can become informed players in the global market at every level.