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The High-End Art Market: Strategy, Status, and Serious Returns
Manage episode 501106534 series 3550072
Thinking about selling your company? 24 founders told us what really happens after the wire hits. — joinhampton.com/exit-report
Everything you need to know about turning art into a real (and risky) investment strategy.
Carlos Cardenas is a Private Wealth Advisor at Austin Wealth Management, bringing over 20 years of experience in alternative asset management. His background spans commercial real estate, technology, and healthcare ... but with a particular passion and expertise for the most alternative of asset classes: the fine art market.
Carlos spent nearly two decades in Paris, where he worked as a private art dealer and advisor, collaborating with leading institutions like Christie’s,
Sotheby’s, and the Picasso Family Office. His rare blend of financial acumen and art world savvy allows him to help clients navigate both traditional and nontraditional investments with insight and creativity.
Here’s what we talk about:
- What makes a banana duct-taped to a wall worth $6 million — and what it says about the art market.
- Carlos Cardenas shares how he went from private art dealer in Paris to advising wealthy clients on fine art investing.
- Why art can offer 8–12% returns — but only in a narrow slice of the market.
- How to start investing in art (even with less than $10K) — and when it becomes a serious wealth play.
- The real reason most people lose money in art — and how to avoid rookie mistakes.
- Passion, status, and profit: the three reasons people buy art (and why you need all three to succeed).
- Inside the elite world of art fairs, private dinners, and collector circles — and why art collecting is a powerful networking tool.
- Fractional ownership, tax loopholes, art-backed loans, and other financial hacks of the ultra-wealthy.
- How NFTs and digital authentication could transform the future of art investing.
- Why collecting art might just be the emotional outlet you didn’t know your money needed.
Cool Links:
- Hampton https://www.joinhampton.com/
- Lower Street https://www.lowerstreet.co/
- Austin Wealth Management https://austinwealthmgmt.com/
- Carlos's LinkedIn https://www.linkedin.com/in/carloscardenastx/
- Carlos's Instagram https://www.instagram.com/chicobeef/?hl=en
Sponsors:
- Get US caliber talent at offshore prices with https://www.oceanstalent.com/
- Achieve your dream body with https://www.dailybodycoach.com/moneywise
- Thinking of selling your company? Don’t leave millions on the table check out https://www.promissory.com/moneywise
Chapters:
- The $6.2 Million Banana & Art Market Hype (00:00)
- The Story of Art Collector Eli Saka (01:27)
- Meet Carlos Cardenas: Art, Wealth, and Passion (03:22)
- Art as an Investment: Returns & Blue Chip Art (04:44)
- Building an Art Collection & Diversification (07:06)
- Why Most Art Investments Don’t Pay Off (09:36)
- Reducing Risk & The Importance of Provenance (12:15)
- Big Wins, Big Losses, and Market Speculation (18:19)
- Fractional Ownership, Masterworks, and Modern Strategies (22:44)
- The Emotional Value of Art & Is It Worth It? (30:23)
This podcast is a ridiculous concept: high-net-worth people reveal their personal finances. Inspired by real conversations happening in the Hampton community.
This podcast is for educational purposes only and do not constitute financial advice.
You Host - Jackie Lamport
- Not really the host, but the producer.
- Wrote this sentence.
70 episodes
Manage episode 501106534 series 3550072
Thinking about selling your company? 24 founders told us what really happens after the wire hits. — joinhampton.com/exit-report
Everything you need to know about turning art into a real (and risky) investment strategy.
Carlos Cardenas is a Private Wealth Advisor at Austin Wealth Management, bringing over 20 years of experience in alternative asset management. His background spans commercial real estate, technology, and healthcare ... but with a particular passion and expertise for the most alternative of asset classes: the fine art market.
Carlos spent nearly two decades in Paris, where he worked as a private art dealer and advisor, collaborating with leading institutions like Christie’s,
Sotheby’s, and the Picasso Family Office. His rare blend of financial acumen and art world savvy allows him to help clients navigate both traditional and nontraditional investments with insight and creativity.
Here’s what we talk about:
- What makes a banana duct-taped to a wall worth $6 million — and what it says about the art market.
- Carlos Cardenas shares how he went from private art dealer in Paris to advising wealthy clients on fine art investing.
- Why art can offer 8–12% returns — but only in a narrow slice of the market.
- How to start investing in art (even with less than $10K) — and when it becomes a serious wealth play.
- The real reason most people lose money in art — and how to avoid rookie mistakes.
- Passion, status, and profit: the three reasons people buy art (and why you need all three to succeed).
- Inside the elite world of art fairs, private dinners, and collector circles — and why art collecting is a powerful networking tool.
- Fractional ownership, tax loopholes, art-backed loans, and other financial hacks of the ultra-wealthy.
- How NFTs and digital authentication could transform the future of art investing.
- Why collecting art might just be the emotional outlet you didn’t know your money needed.
Cool Links:
- Hampton https://www.joinhampton.com/
- Lower Street https://www.lowerstreet.co/
- Austin Wealth Management https://austinwealthmgmt.com/
- Carlos's LinkedIn https://www.linkedin.com/in/carloscardenastx/
- Carlos's Instagram https://www.instagram.com/chicobeef/?hl=en
Sponsors:
- Get US caliber talent at offshore prices with https://www.oceanstalent.com/
- Achieve your dream body with https://www.dailybodycoach.com/moneywise
- Thinking of selling your company? Don’t leave millions on the table check out https://www.promissory.com/moneywise
Chapters:
- The $6.2 Million Banana & Art Market Hype (00:00)
- The Story of Art Collector Eli Saka (01:27)
- Meet Carlos Cardenas: Art, Wealth, and Passion (03:22)
- Art as an Investment: Returns & Blue Chip Art (04:44)
- Building an Art Collection & Diversification (07:06)
- Why Most Art Investments Don’t Pay Off (09:36)
- Reducing Risk & The Importance of Provenance (12:15)
- Big Wins, Big Losses, and Market Speculation (18:19)
- Fractional Ownership, Masterworks, and Modern Strategies (22:44)
- The Emotional Value of Art & Is It Worth It? (30:23)
This podcast is a ridiculous concept: high-net-worth people reveal their personal finances. Inspired by real conversations happening in the Hampton community.
This podcast is for educational purposes only and do not constitute financial advice.
You Host - Jackie Lamport
- Not really the host, but the producer.
- Wrote this sentence.
70 episodes
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