Fractional ownership is the only way I will ever get to own a Banksy or Basquiat and participate in the high-end art markets. Whew!! Where Masterworks is short on fees and account systems, it makes up for it in design and style. Depends on your situation (thats why you have the phone interview to go through how much you can afford to invest), Blue Chip fine art with values typically between $1 million to $30 million, Yes Masterworks stores and insures paintings in a secure New York facility, By Phone: 205-518-5172 Monday to Friday from 9am to 6pm ESTBy Email: support@masterworks.io, U.S. residents and non-U.S. residents can investSecondary Market: U.S. only. Masterworks Review 2023: CrowdFunding Platform for Investing In Fine Art To be very honest, thats a tough question. (Im aware auction houses take a large cut). Yes Masterworks take an 11% mark up their customers buy at the price Masterworks paid + 11%. He also said, dont invest any more than 1-3% of total net worth here. Masterworks Reviews: What Is It Like to Work At Masterworks? Masterworks - Learn to Invest in Fine Art It was very informative. Lets take a big-picture look at the Masterworks pros and cons: Track record of 9% to 39% net annualized returns, Masterworks handles the entire process of finding, purchasing and storing artwork, Fine art does not have an income stream, so you should only invest thinking about capital appreciation, Artwork is insured and stored in secure facilities, You need to do a phone interview before you start investing, Offers secondary market to buy/sell your art shares. Not anymore. There is a potential solution and its called the secondary market. The majority of your portfolio should be invested in traditional assets such as fixed income securities andstocks. During the interview with the hiring manager . Although the offering details say: the minimum investment amount per investor is $15,000 (750 Class A shares), however, we can waive the maximum or minimum purchase restriction on a case-by-case basis in our sole discretion Via email: You can reach Masterworks by sending an email to support@masterworks.io. I usually invest in SP500, property etc but had wanted another inflation protected investment so contemporary art seems to fit the bill. Glad you enjoyed it . Why This Investment: Art is an extra asset class which is usuallyonly available to the rich and privileged. When a piece is bought, Masterworks applies foran offering circular at the SEC or Securities and Exchange Commission, which allows them to sell it publicly. Couldnt have written it better meself, thanks. Interviews at Masterworks.io Experience Positive29% Negative57% Neutral14% Getting an Interview Applied online88% Recruiter13% Difficulty 2.5 Average HardAverageEasy Interviews for Top Jobs at Masterworks.io Sales Associate (2) Product Manager (2) Sales Development Representative (SDR) (2) Analyst (1) Marketing Manager (1) Anonymous (1) Im glad to hear that you found this article helpful . Save my name, email, and website in this browser for the next time I comment. This includes beginner questions and portfolio help. Investor contact.
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