Doug Woodham is the Managing Partner of Art Fiduciary Advisors, a NY-based firm focused on providing advice on the financial aspects of owning and selling fine art. The firm assists clients on the sale of art so they can be assured of maximizing sale proceeds in the complex and opaque art market. Art Fiduciary Advisors also helps clients create financial plans for their art collections, assisting at every stage, from clarifying family goals and evaluating alternative disposition strategies to the execution of donation and sale agreements. The firm always acts as a fiduciary working on behalf of clients and works in partnership with their existing team of tax, legal, and financial advisors.
Doug brings a unique perspective to the art market from his life-long interest in art, business, and finance. He most recently served as President of the Americas for Christie’s, where he was responsible for all aspects of the business and senior client relationships in North and South America. He was a member of the Global Transactions Management Committee that reviewed and approved all major consignment deals, including the economic terms offered to consignors. He also led the Christie’s team that worked with the Emergency Manager of the City of Detroit to help the Detroit Institute of Arts separate from the City of Detroit bankruptcy.
Doug is the author of the best-selling book Art Collecting Today: Market Insights for Everyone Passionate about Art (2017). The book received outstanding reviews in the Economist, the London Financial Times and New York Times, among other publications. Over 10,000 copies have sold around the world.
Earlier in his career, Doug was a partner with McKinsey & Company, working primarily with asset and wealth management clients in the U.S., Europe, and Asia. He is a trained economist with a Ph.D. in Economics from the University of Michigan.