Business
Bank of America Launches Art Consulting Service
Bank of America Private Bank today announced the launch of its Art Consulting service, designed to help Private Bank and Merrill clients navigate the complex and often opaque art market. This new offering provides collectors with trusted, unbiased guidance to help them curate and manage collections that reflect their vision, values, and financial objectives.
About this update from Bank Of America Corporation
[{"type":"text","content":"New Offering Helps Bank of America Private Bank and Merrill Clients Build Art Legacies ","length":86,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, Feb. 18, 2026 /PRNewswire/ -- Bank of America Private Bank today announced the launch of its Art Consulting service, designed to help Private Bank and Merrill clients navigate the complex and often opaque art market. This new offering provides collectors with trusted, unbiased guidance to help them curate and manage collections that reflect their vision, values, and financial objectives.","length":405,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Bank of America Corporation)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Bank of America Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":218,"url":"https://media.zenfs.com/en/prnewswire.com/4d6fb45aaf101b6a5768c6209ac29c98"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vBL7vueTUitsFOJUBxvDrQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM4NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/4d6fb45aaf101b6a5768c6209ac29c98","width":400,"height":218}},"href":"https://mma.prnewswire.com/media/1612970/Bank_of_America_Corporation_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The most recent New York Fall Auction season saw $2.2 billion worth of art sold, underscoring the growing role of art as both a cultural asset and a financial one. As collectors increasingly view art as part of their wealth strategy, Bank of America is deepening its commitment to helping clients make informed decisions in this dynamic market.","length":344,"tagName":"p"},{"type":"text","content":""Art collection sits at a unique intersection. It's a profound means of self-expression while also holding significant financial value," said Drew Watson, Head of Art Services at Bank of America. "Our goal is to bring clarity to the marketplace and help clients make informed decisions, whether they're acquiring their first piece or refining a multigenerational collection."","length":403,"tagName":"p"},{"type":"text","content":"A Comprehensive Approach for Collectors Art Consulting offers a tailored experience for clients at every stage of their collecting journey, providing context on art history, market dynamics, and emerging collecting tr...