While reading “Art Collectors Show Their Chinese Prizes” by Barbara Pollack in the New York Times, I couldn’t help thinking of four words over and over: Know what you own!
Entrepreneur and art collector Don Rubell owns a number of boutique hotels as well as more than 5,000 pieces of art with his wife, Mera. I applaud their enormous success in the fields of business and art, but can’t help but wonder how they keep on top of all their acquisitions. After all, with so many art pieces in their portfolio, there are undoubtedly always some items in storage, some on loan, and some in the process of being repaired or restored. My guess is that there are also some items that have been overlooked or forgotten due to the sheer volume of the collection.
Wouldn’t it be a useful advantage if a secure platform existed in which valuable assets like this large art collection could be cataloged, along with associated photo images and digital copies of receipts, appraisals, conditions, locations, provenance and other important details?
That platform does exist. After documenting and cataloging your prized assets, Archival Property Solutions will produce a private, custom display of the resulting images and data for secure viewing by owner-authorized users via computer, tablet or phone. Imagine the enjoyment and satisfaction of being able to view clear images (from multiple angles) of every item in a 5,000-piece collection, even those in storage.
Wealthy individuals and families can now keep their catalog of tangible assets current, organized and securely stored with client-controlled access. No longer will they risk furnishing incomplete data to accountants, wealth managers, Fine Art storage contractors, attorneys and other trusted advisors. A detailed catalog also protects the owner’s investments by ensuring that they have the right type and amount of insurance coverage and are empowered to keep that coverage up to date as asset circumstances change.
Ultimately, documenting and cataloging a treasured collection is a natural extension of the desire to acquire these objects in the first place.
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About Archival Property Solutions, LLC
Archival Property Solutions documents and catalogs the tangible assets of high-net-worth owners for their personal viewing pleasure and support of crucial Family Office and wealth management activities. Clients who have substantial and complex holdings in multiple locations can now keep their catalog of non-financial assets stored securely for private, confidential access via computer, tablet or phone. When maintained with current information, this confidential digital catalog can keep owners and their trusted advisors better informed, enabling them to stay current with professional service objectives and to plan for, protect against, cope with and recover from life’s unexpected events.
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When we receive your inquiry, we will determine the best way to match our services to your unique needs and circumstances. We look forward to hearing from you and will respond promptly and confidentially.