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Bank of America launches Art Consulting

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February 23, 2026

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Bank of Amreica has introduced its Art Consulting service for its Private Bank and Merrill customers. The service will guide customers on the art market and how to make informed purchases and sales, according to a press release.

Art Consulting will offer information on market trends, art history and other information to curate their collection. It taps into a growing trend of taping into the art market as a wealth strategy.

"Art collection sits at a unique intersection. It's a profound means of self-expression while also holding significant financial value," Drew Watson, head of Art Services at Bank of America, said in the release. "Our goal is to bring clarity to the marketplace and help clients make informed decisions, whether they're acquiring their first piece or refining a multigenerational collection."