Adriano Picinati di Torcello – Director | Art & Finance Coordinator
Deloitte Director, Mr Adriano Picinati di Torcello, will give an overview of his recent report on innovation in wealth management, together with a broader view on diversification of portfolios.
The four main pillars of portfolio diversification are: protecting, transferring, converting and generating revenue. Including “art collectibles” into one’s portfolio became the new trend in the field of asset management. The demand to asset managements to include such a service into their operations increased exponentially in the last couple of years.This trend is also supported by the growth of the total number of ultra-wealthy individuals, which is predicted to rise by 41 % in the next decade.
The four main pillars of portfolio diversification are: protecting, transferring, converting and generating revenue. Including “art collectibles” into one’s portfolio became the new trend in the field of asset management. The demand to asset managements to include such a service into their operations increased exponentially in the last couple of years.This trend is also supported by the growth of the total number of ultra-wealthy individuals, which is predicted to rise by 41 % in the next decade.
DELOITTE ART & FINANCE REPORT
This Art & Finance report aims to act as a barometer for the emerging art and finance industry and highlights the main trends and developments in the art market. Increasing competition in the wealth management industry has put emphasis on a more holistic wealth management model, which has become a key driver and motivation for incorporating art-related wealth into the service offering.
You can access the latest report online>>
Mr Adriano Picinati di Torcello is in charge of the art & finance activities within Deloitte Luxembourg, an initiative he has been coordinating since its beginning (www.deloitte-artandfinance.com). Adriano also coordinates the development of the Art & Finance activities at the Deloitte group level.
Deeply involved in creating awareness of the “art & finance” subject, Adriano has initiated the international Deloitte Art & Finance Conference that has become the annual benchmark event in the field. He is the co-author of the Deloitte and ArtTactic Art & Finance Report.
Being the spokesman of the Art & Finance initiative within Deloitte, he regularly speaks at international conferences. Adriano is a director within the advisory and consulting department and has over 20 years of professional experience.
More information available HERE.