Most art consultants charge an hourly fee. But if they work with a client permanently, they might charge a fixed monthly or yearly fee instead. If an art purchase is arranged, an art consultant usually gets a percentage of the agreed price.2 Mar 2020
How much does an art advisor cost?
The costs can be considerable. According to Wendy Cromwell, president of the Association of Professional Art Advisors, advisors typically charge a sliding scale commission of 20% for art works under $100,000 that you purchase under their guidance; that commission might go as low as 5% for works over $1 million.8 Nov 2014
How much do art consultants make?
The salaries of Art Consultants in the US range from $17,628 to $466,435 , with a median salary of $84,020 . The middle 57% of Art Consultants makes between $84,020 and $211,452, with the top 86% making $466,435.
What does an art consultant do?
Art consultants are primarily “visual storytellers.” Their mission to fulfill their clients' needs can entail helping individuals or companies find a visual counterpart for their values and agenda through the acquisition and meaningful arrangement of relevant art pieces.
How do I become an art consultant?
- Get an art education.
- Gain art industry experience by working in a gallery or museum.
- Make business connections.
- Work for a firm, museum, advisory company or auction house.
- Work independently.
- Practice good business ethics.
- Maintain confidentiality.
How does an art consultant make money?
Typically, art consultants make money by charging different fees for their different services. For instance, you may charge a flat fee for acquiring works of art for collectors, or you may negotiate a percentage fee in which you receive a certain percentage of its overall price.27 Jan 2021
How much do art consultants charge?
Percentile Hourly Pay Rate Location
------------------------------------- --------------- --------
25th Percentile Art Consultant Salary $17 US
50th Percentile Art Consultant Salary $21 US
75th Percentile Art Consultant Salary $26 US
90th Percentile Art Consultant Salary $30 US
What is the difference between an art advisor and art consultant?
While an art consultant is primarily focused on contemporary art and commissioning works for specific projects whether private or public. An art advisor will work closely with a private individual to build their collection over time for both aesthetic and investment purposes.1 Dec 2021
How much does an art consultant charge per hour?
Percentile Hourly Pay Rate Location
------------------------------------- --------------- --------
25th Percentile Art Consultant Salary $18 US
50th Percentile Art Consultant Salary $21 US
75th Percentile Art Consultant Salary $26 US
90th Percentile Art Consultant Salary $31 US