The TurningArt Blog

2024 Guide to Art Consulting Firms

Written by Michael Mac | 7/31/24 3:30 PM

Introduction to Art Consulting Firms

What They Do

Art consulting firms serve as vital bridges between the art market and buyers. Their expertise lies in art acquisition, curation, and management. They meticulously craft art collections tailored to diverse settings, including offices, healthcare facilities, and commercial spaces. Their proposals align seamlessly with client preferences and budgetary constraints, ensuring a harmonious fusion of aesthetics and practicality.

What Their Role Is

When engaging with clients, art consultants begin with an initial meeting. During this crucial phase, they delve into understanding budgetary parameters and artistic visions. Meticulously analyzing floor plans, they propose various art options and even create detailed visual renderings. 

Close collaboration with clients ensures the selection of artworks that resonate with their aesthetic preferences and project goals. Art consultants also take charge of the installation process, ensuring optimal placement and effective maintenance. For spaces with rotating installations, ongoing curation keeps the collection dynamic and engaging, breathing life into the environment.

Who They Work With

In addition to consulting for private buyers, art consulting firms also provide services to businesses across sectors:

Healthcare Environments: In hospitals and medical facilities, curated art experiences enhance visitor well-being and provide a soothing atmosphere. Art can alleviate stress, promote healing, and create a positive ambiance for patients, families, and staff.

Corporate Offices: Art consultants transform corporate office spaces into inspiring havens. Curated artworks not only enhance aesthetics, but also boost employee morale, creativity, and productivity. A thoughtfully curated collection can even reinforce a company’s brand identity.

Real Estate: Retail environments benefit from art consultancy by creating memorable visitor or tenant experiences. Well-chosen art pieces elevate the atmosphere, making it more inviting and memorable for visitors.

How Art Consulting Firms Operate:

Process Overview

Client Consultation: Clients can connect with the firm to explore service offerings, discuss project needs, and align on artwork goals.

Custom Proposal: The art consulting firm prepares a complimentary proposal and tailored quote for the client's space, outlining programming options and recommended artwork configurations and treatments.

Program Design & Selection: Clients determine the most suitable program for their space and budget, whether purchasing, commissioning, or leasing and rotating artwork. The consultant presents concept-driven options to realize the client's vision

Artwork Curation & Voting Feedback: Leveraging an extensive catalog, the art consulting firm curates a bespoke collection. Online gallery tools and custom voting software allow seamless involvement of the client's team or leadership in final art selections.

Installation & Rotation: Professional Art Handlers oversee everything from delivery to installation onsite. Rotating programs ensure the collection remains dynamic and aligned with the client's evolving needs year after year.

Cost Structures

Art consulting firms operate on various fee models, which can include:

Commission-Based: Consulting Firms charge a percentage (typically between 5% and 20%) of the artwork’s purchase price. As the value of the artwork increases, the commission percentage may decrease.

Flat Fees: Some firms offer flat fees for curation services, regardless of the artwork’s value. These fees cover the advisory process, including research, recommendations, and coordination.

Supplementary Services: Beyond curation, art consulting firms may provide additional services (e.g., collection management or art education), each with its associated fees. Transparency regarding the fee structure is essential to avoid misunderstandings and ensure cost clarity throughout the art collection-building process.

Style

Art consulting firms specialize in various artistic styles and different spaces, influencing their compatibility with companies and individuals. 

These firms create a cohesive partnership by emphasizing stylistic alignment between client preferences and the advisor’s expertise. This personalized approach ensures that the curated art collection resonates with the client’s unique identity.

Differences Between Art Consulting Firms, Art Consultants, and Art Advisors:

Definitions of art consulting firms, art consultants, and art advisors may vary from business to business. In some cases, art advisors and consultants may perform similar roles, offering a blend of aesthetic advice and investment strategy depending on client needs and the specific focus of the business.

Understanding these distinctions helps clients choose the most suitable professional or firm based on their specific art-related needs and objectives.

Art Consulting Firm vs. Art Consultants

While both art consulting firms and art consultants provide expertise in art selection and placement, the distinction lies in their operational scale and organizational structure. An art consulting firm acts as a collective that integrates multiple consultants' skills to handle larger and more complex projects across diverse client needs. In contrast, an art consultant, whether part of a firm or independent, typically focuses on direct client interaction and project management within a specific scope of work.

Art Consulting Firm vs. Art Advisor

While an art consulting firm offers a collective approach to art services, integrating various advisory and management roles, an art advisor typically focuses exclusively on the strategic aspects of art acquisition and investment. Art advisors provide specialized expertise in navigating the art market and optimizing art collections for financial and aesthetic value, distinct from the broader operational focus of an art consulting firm.

In summary, while there can be overlap in roles and functions between art consulting firms, art consultants, and art advisors, understanding these distinctions helps clients choose the most suitable professional or firm based on their specific art-related needs and objectives.

Benefits of Art Consulting Firms for Your Business:

Expertise and Network

Art consultants possess extensive knowledge of the art market and maintain a wide network of artists. This allows them to offer a diverse selection of artworks that align with your preferences and aesthetic vision.

Efficiency and Seamless Experience

Collaborating with an art consultant streamlines the art selection process. They handle everything from sourcing artworks within your budget and style preferences to managing logistics such as shipping and installation. This ensures a smooth and stress-free experience throughout the project.

Personalized and Localized Collections

Art consultants understand the importance of local context and can personalize your art collection accordingly. Whether integrating local artists or finding pieces that resonate with your community’s identity, they ensure your collection reflects a unique and meaningful narrative.

By leveraging the expertise and resources of an art consultant, you can enjoy a thoughtfully curated art collection that enhances your space while saving time and effort.

Top Art Consulting Firms:

US/North America

TurningArt

https://www.turningart.com/

TurningArt offers turnkey art programming for organizations nationwide, handling everything from curation to installation. Their services ensure high-quality support and flexibility, using an online catalog of over 50,000 artworks to enhance spaces efficiently and effectively.

LK Art Consultants

https://lkartconsultants.com/

LK Art Consultants curates artwork and installations for various spaces, focusing on contemporary art. They serve collectors with expertise in Postwar and Contemporary art, cutting through trends to bring lasting value.

Jay Grimm Art Advisory

https://www.jaygrimm.com/

Jay Grimm Art Advisory assists art buyers by educating and guiding them through the complex art market. They ensure clients, including private and corporate collectors, galleries, and artists, receive the best value and experience in their art investments.

Artsource Consulting

https://www.artsourceinc.com/

Artsource Consulting specializes in corporate and public art advisory services. They offer expertise in contemporary and fine art, providing services like artwork consignment, shipment, and pricing analysis, making them a valuable resource for businesses building art collections.

Riggs Art Consultants

https://www.riggs-art.com/

Riggs Art Consultants is a full-service art consulting firm that collaborates with companies and creatives to deliver distinctive art programs on time and within budget.

Europe

International Art Consultants

https://www.internationalartconsultants.com/

International Art Consultants provides a comprehensive range of art consultancy services, encompassing audit, art strategy and planning, procurement, installation, art rental, and ongoing art curation. They cater to diverse clients including offices, public spaces, and private collectors, ensuring tailored art solutions that meet individual needs.

Artelier

https://www.artelier.com/

Artelier connects talented artists globally to international projects, regardless of their professional standing. Their portfolio includes artists from diverse backgrounds, spanning from Miyakojima in Japan to Bahir Dar in Ethiopia. They specialize in facilitating artistic collaborations that transcend borders and cultures.

HB Art Consultancy

https://www.hb-artconsultancy.com/

HB Art Consultancy specializes in curatorial projects, unique exhibitions, commissions, and art consultancy. They focus primarily on eighteenth-century and contemporary art inspired by that period, offering specialized expertise in historical and modern art trends.

Asia

Sutton Art Consulting

https://suttonart.com.sg/

Sutton Art Consulting is a full-service art consulting firm adept in overseeing all aspects of art selection, commissioning, custom framing, and installation. With an extensive database featuring hundreds of local and international artists, they are well-equipped to find and deliver the perfect artworks for any project.

Mainway

https://www.mainway.com.hk/

Mainway is a full-service art and design consulting firm specializing in bespoke artworks for commercial and residential spaces. They excel in planning, designing, and delivering customized art solutions tailored to specific project requirements. By collaborating closely with clients, Mainway ensures exceptional art experiences that enhance interior environments effectively.

How TurningArt Can Help

At TurningArt, our team of experienced Art Advisors and project managers work closely with private and corporate clients to help them discover, acquire, and display artwork that aligns with their unique needs and vision.

Our knowledgeable Art Advisors curate stunning and meaningful collections to boost morale and creativity. We strive to elevate your experience through a comprehensive understanding of your key aesthetic considerations.

TurningArt provides different spaces with a vast collection of contemporary artwork that can either be purchased or rented on a rotating basis, consistently engaging present and potential visitors, clients, and tenants. We are proud to offer a dynamic service that cultivates connection. 

If you have any questions about Art Advisory services, the art market, or the role of Art Advisors, feel free to reach out to our team for personalized assistance.

 

Connect with an Art Advisor to schedule a complimentary consultation or request a customized quote.