Cadell + Co, the first independent art advisory business to win approval from the UK’s FCA, has been launched.
The firm is founded by Luke Dugdale, former head of ultra-high net worth (UHNW) clients at Deutsche Bank’s private banking business, Richard Bagnall-Smith, the former global chief marketing officer of Christie’s, and Richard Camber.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Cadell will advise UHNW individuals on which pieces of art they should sell and how – via an auction, a museum or a private sale – they should sell it, as well how to raise a loan against their portfolios, choose the right lenders and structure contracts, according to efinancialnews.com.
"The amount of art under administration in trusts is huge, we’re talking billions," the website quoted Dugdale as saying.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
