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Art Finance and Philanthropy
Speaker(s): Drew Watson
Recorded at: ART NEW YORK 2017

Art Finance and Philanthropy

Today we often think about the commercial art market, arts non-profits, and wealth management as three distinct worlds. In reality, they are all players in a highly-interconnected arts ecosystem, which is personified in the new generation of more commercially-minded and impact-driven art collectors. Drew Watson, an art services specialist at U.S. Trust, will explain a philosophical shift in the new generation of art collectors; macro-trends shaping arts institutional landscape; and how collectors are using their art strategically to create impact.

Talk Details

This session took place live during the Symposium at Art New York 2017.

   

Speaker Details

Drew-Watson-2

Drew Watson

Drew Watson is Vice President, Art Services Specialist at U.S. Trust, Bank of America Private Wealth Management. Based in New York City, Drew has over 10 years of experience in the art market, arts/cultural institutions, and private wealth management. Drew leads operations and business development for U.S. Trust Art Services, where he works with a team of specialists to offer collectors and institutions a tailored suite of services including art lending, art planning, consignment services and nonprofit services.
Prior to joining U.S. Trust, Drew was Associate Vice President, Business Manager with Christie’s auction house in New York, where he oversaw strategy, business development, and operations for Old Masters, Decorative Arts, World Art and Books and Manuscripts. Prior to his tenure at Christie’s, Drew was a financial advisor with a boutique private wealth management firm. He has also served as a manager and consultant for numerous arts/cultural institutions and festivals in North America and Europe. Drew holds an M.B.A. from INSEAD. He earned his B.A. in Art History and French from Columbia University, where he also studied in a joint program with The Juilliard School.

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