Cadell+Co launches art portfolio advisory service
Cadell+Co, the specialist art portfolio adviser, has launched. The firm will provide portfolio preservation and enhancement services for art held in trust with the FCA approval.
Cadell provides a database, management and reporting service – the CMP database. This service aims to give trustees confidence that the values of their portfolios are being constantly monitored and managed, as well as providing quarterly portfolio management reports for Trustee/Beneficiary review.
The firm will provide this range of services to trustees, family offices, banks, insurers, lawyers and accountants.
Luke Dugdale is head of Wealth Management, overseeing advisory and strategic services. As a former investment and private banker with 30 years’ experience in international financial markets, Luke is one of the leading bankers globally to specialise in art in finance. He set up Art in Wealth Management at RBC, the art lending operation at Deutsche Bank and was an Executive Director and Desk Head at UBS.
Richard Camber is the partner responsible for Expertise, in charge of sourcing the world’s leading authorities in each specialist sector. Before joining Cadell, Richard was president of ArtBanc International, and formerly Sotheby’s Senior Director of the Works of Art Division.
Richard Bagnall-Smith is head of Client Management and Sales, responsible for Cadell’s Client relationships and for negotiating art transactions. Richard is the former Global Chief Marketing Officer and head of Business Development for Christie’s, where he was responsible for the business development, marketing, digital, e-commerce, publishing and corporate communications departments.