In “Don’t Wait . . . Mitigate: An Art Risk Expert on Keeping Your Collection Safe” (March 2020), Jordan Arnold, leader of K2 Intelligence’s Private Client Services and Strategic Risk and Security practices, shares perspective on risks for art collectors. From purchases to safeguarding collections, there are steps collectors and their advisors can take across the spectrum to mitigate risk.
According to Jordan, “Instead of waiting for something to occur, people are making more of a proactive effort to mitigate risk. Investing in a security risk assessment just makes good financial sense. The cost of resolving a case of fraud and paying for an investigation and/or record far outweighs the cost of pre-transaction due diligence.”
Read more in The Clarion List.