The Fine Art Group's Philip Hoffman on the State of the Art Market

In this week's edition of the ArtTactic Podcast, Philip Hoffman, founder and CEO of The Fine Art Group, joins us to discuss their recent acquisition of Pall Mall Art Advisors. First, Philip tells us about Pall Mall and why they decided to acquire them at this time in which we are seeing increasing consolidation in the art market. Then, he reveals what he sees as the future of services to collectors and identifies what collectors are looking for at this time. Also, Philip explains the importance of appraisals and the frequency at which artworks should be appraised. After, he gives his sense on the state of the art market from when Covid initially started to where we are today. Lastly, Philip shares where he is seeing interesting value opportunities in the broader art market now.