Latest / The High Net Worth Podcast with Fexingo: Wealth Management, Tax Strategy, and Affluent Finance
How Ultra-Wealthy Families Monetize Their Art Collections
In Episode 71, Lucas and Luna explore how ultra-wealthy families turn fine art into a liquid asset class without selling a single painting. They break down the mechanics of art-secured lending, using the Mellon family's 2023 deal with Bank of America as a case study. Discover why art loans have surged past $30 billion globally, how lenders value a Rothko versus a Basquiat, and the tax implications of borrowing against unrealized appreciation. Lucas explains the typical loan-to-value ratios, interest rates benchmarked to SOFR, and why family offices now treat their walls as a credit…
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