Billionaires

Goldman Pitches Wealthy Asian Heirs on Leveraging Family Art

Goldman Sachs Group Inc. is building up its art advisory services in Asia, as wealthy families catch up with those in the US and Europe on collections.

The investment bank offers affluent clients tailored advice on everything from art collecting and succession planning for such assets to leveraging them as collateral for loans, said Monica Heslington, head of art and collectibles strategy at the bank’s private wealth management division. Its services extend to bespoke experiences like gallery walk-throughs, she said.