filter_list Showing 5 results for "art advisory firm" close Clear
search
dashboard All 5 trending_up market 4article news 1
date_range Range Today This Week This Month All
Subscribe

barbara guggenheim abigail asher lawsuit 1234747531

Barbara Guggenheim Associates, Inc., a New York art advisory firm, is embroiled in legal conflict after founder Barbara Guggenheim and her longtime associate Abigail Asher filed dueling lawsuits in the Supreme Court of the State of New York. Guggenheim’s suit, filed in August but only recently reported by Artnet News, accuses Asher of diverting some $20.5 million in firm revenue for personal expenses, including rent, dinner bills, and home repairs, and alleges Asher wrongfully kept commissions from a Jean-Michel Basquiat artwork. Asher countersued, accusing Guggenheim of bullying, gaslighting, and using firm funds for personal costs like funeral expenses and luxury vehicles, while denying the financial misconduct claims. The lawsuits also involve the firm’s CPA, Robert Mandeltort, and Asher’s assistant, Jessica Lewis.

five art world power players form new advisory firm 2661022

Five major art world figures have formed a new advisory firm called New Perspectives Art Partners, aimed at serving high-end collectors and institutions. The founders include former Christie’s and Philips CEO Ed Dolman and his son Alex (Dolman Partners), Brett Gorvy of Lévy Gorvy Dayan, Philip Hoffman of the Fine Art Group, and former Sotheby’s rainmaker Patti Wong of Patti Wong and Associates. All five will maintain their existing roles while collaborating on complex, project-driven client needs, leveraging their collective expertise and regional networks.

Brazilian women bring Latin American art to the New York collector circuit.

Two Brazilian women, Fernanda Mazzuco and Luciana Solano, run Art in Brackets, a consultancy and art advisory firm based in New York. For the first time, they have opened a public exhibition space on Walker Street in Tribeca, featuring a collective show centered on the African diaspora and transatlantic connections. The exhibition includes works by artists such as Santídio Pereira and Madalena dos Santos Reinbolt, with prices ranging from $3,800 to $140,000. The company, founded in 2022, connects collectors with Brazilian and Latin American artists, operating as 'wall curators' in partnership with various galleries.

Leaner, nimbler and more discreet: why some art advisory firms are growing in a downturn

A growing number of "super advisory" firms are being founded by former top-level auction house executives, offering leaner, more discreet art advisory services without the high overheads of major auction houses and galleries. Notable examples include Art Intelligence Global (AIG), launched by Amy Cappellazzo and Yuki Terase after leaving Sotheby's, and Patti Wong & Associates, founded by former Sotheby's Asia chair Patti Wong. These firms leverage decades of experience and personal client relationships to compete in a cautious market where major auction houses have cut staff and digitized operations.

Comment | After a market shake up in 2025, it's time to create a right-sized art trade

The article reflects on the art market's turbulent 2025, marked by gallery closures, weak auction results, and canceled art fairs. Rather than viewing this as a collapse, the author argues it represents a necessary "right-sizing" of an industry that over-expanded during boom years. Key figures like Philip Hoffman of the Fine Art Group advocate for leaner, more agile business models, such as his new advisory firm New Perspectives Art Partners. Meanwhile, dealers in New York and Los Angeles are adapting through shared exhibition spaces and strategic mergers, including Marian Goodman Gallery hosting Jenkins Johnson Gallery and the formation of Hoffman Donahue.