Doug Woodham is the Managing Partner of Art Fiduciary Advisors, an advisory practice based in New York City. The firm assists collectors and institutions on the sale of art so they can be assured of maximizing sale proceeds in the very complex and opaque art market. Art Fiduciary Advisors also helps clients create legacy plans for their art collections, from clarifying family goals and evaluating alternative disposition strategies, through the execution of donation and sale agreements. The firm always acts as a fiduciary working on behalf of clients and works in partnership with a client's 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 across the firm, including the economic terms offered to consignors. He also led the Christie’s team working 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, published in April 2017. The book received outstanding reviews in the Economist, the London Financial Times and New York Times, among other publications.
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. Doug and his wife, who are based in New York City, are avid collectors with a focus on drawings by artists associated with minimalism, conceptualism, and land art.