What is an art advisor? How are they different from art dealers?
An art advisor provides professional guidance to the collector on the acquisition, installation and maintenance of works of art including:
» supporting the collector’s vision
» arranging tours lectures, and other art-related educational opportunities
» providing access to museum, galleries, and artists’ studios
» working with architects, designers and other related professionals.
Art advisors are different from art dealers in that advisors do not have a vested interest in the art they recommend, manage, buy or sell on behalf of their clients. While advisors occasionally transact deals in order to better serve their clients they refrain from maintaining inventory to ensure impartiality when advising clients. The art advsior’s commitment is to the client and the best intereset of the client’s collection.
The art advisor is paid solely by the client for art expertise. The advisor has no profit interest and realizes no financial gain from the purchase or sale of any specific work of art. Their responsibility usually goes beyond the purchase to installation and maintenance of the work.
An art dealer is committed to specific artists they represent. He or she profits from the sale of works by those artists.
Source: Association of Professional Art Advisors