The art market and all its intricacies make it challenging for collectors. Evan Beard, the Global Art Services Executive with U.S. Trust, explains that there is a very significant philosophical shift underway in how collectors engage with their art and the broader market.
Evan Beard is the Global Art Services Executive with U.S. Trust, Bank of America Private Wealth Management. Headquartered in New York City, Evan leads the bank’s outreach to private and institutional art collectors, investors and artists nationwide. He directs a team of specialists who provide a suite of tailored offerings to a select group of families, auction houses, museums, endowments and foundations. An authority on art-related investing and financing, Evan directs the end-to-end provision of services to clients in the art world, including trust structuring and estate planning services, art-secured lending, financing and philanthropic services. He also advises clients whose portfolios include exotic assets such as automobiles, wine, watches, coins, gems and precious metals.
Prior to joining U.S. Trust, Evan was the U.S. Art and Finance leader for Deloitte Consulting, where he directed strategy and implementation to hedge funds, private banks, art-secured lending firms, and private clients. He began his tenure as a Strategy Manager in the Private Banking Group at Deloitte. Previously, Evan served as a U.S. Naval Intelligence Officer in Washington, D.C., and the Middle East, advising the Pentagon, NATO and Joint Staff on bilateral intelligence-sharing agreements with Middle East allies.
Evan earned his undergraduate degree in Economics from the U.S. Naval Academy. He also holds a Master’s degree in Classics from St. John’s College in Annapolis, Maryland, and a Master’s degree from the University of Oxford, United Kingdom.
Evan speaks regularly on art and exotic asset classes at major art fairs and investment conferences worldwide. He is a frequent media contributor to national news organizations regarding the intersection of art and finance, and supports a number of arts organizations.