Bank of America proud to support TEFAF New York

Top-flight galleries, rigorous vetting and amazing programming make TEFAF New York ideal for collectors of all tastes and experience levels.

Bank of America Supports Community of Gallerists and Collectors at TEFAF New York

Art fairs are an abundant resource for aficionados, but few are as valuable as TEFAF New York—that is why Bank of America is proud to sponsor this event. The combination of top-flight galleries, the fair’s rigorous vetting process, educational panel discussions, and informal opportunities to connect with the bank’s Art Services team makes TEFAF New York the ideal platform for collectors of all tastes and experience levels.

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Why Bank of America supports TEFAF New York

This video is a series of interviews with the Bank of America Art Services team, and it explains why TEFAF is important to the art world and how Bank of America is a leading global supporter of the art community.

[Music in background throughout]

On screen copy:

Bank of America sponsors TEFAF NY because…

Drew Watson: Bank of America sponsors TEFAF New York. Because we are the premier bank for the art world.

Caroline Orr: We believe in the unmatched legacy and pristine reputation of the fair.

Dana Prussian: The fair is the premier art fair in the United States.

On screen copy: The TEFAF exhibitors are…

Paul A. Ferrara: The TEFAF exhibitors are highly vetted. You're really getting the creme de la creme of gallerists and dealers in the art world.

Deborah Larrison: The TEFAF exhibitors are best in class.

On screen copy: How do collectors benefit from the TEFAF community?

Drew Watson: Bank of America believes that TEFAF is the ideal platform for collectors to discover the unexpected.

Deborah Larrison: Young collectors can network within the community. They can explore new types of art, and they can create ideas that will help them ultimately build their own collection.

Caroline Orr: Young and emerging collectors can draw rich connections between the different genres of art seen throughout the fair.

Dana Prussian: TEFAF is truly about the art.

On screen copy: Bank of America’s TEFAF Talk panel explores…

Drew Watson: Bank of America's TEFAF talk explores the topic of succession,

Caroline Orr: What it means to inherit an art collection.

Paul A. Ferrara: The very particular planning issues that can arise in the acquisition and disposition of art and other collectibles.

On screen copy: Bank of America believes art can…

Caroline Orr: As the premier bank for the art world, we are driven by our commitment to the power of art and all that it can do in our communities.

Paul A. Ferrara: Art can enrich the lives of everyone and bring people together by creating common ground for folks from vastly different backgrounds.

On screen copy: NYC loves TEFAF because…

Dana Prussian: There are a few things more iconic in spring than walking along Park Avenue, seeing the tulips in bloom and popping into The Armory.

Drew Watson: You feel like you're going to Europe without leaving the Upper East Side!

On screen disclosures:

Important Disclosures

The views and opinions expressed are those of the speakers as of 03.29.23, are subject to change without notice at any time, and may differ from the views expressed by Bank of America, Merrill or other divisions of Bank of America Corporation.

Nonfinancial assets, such as fine art, are complex in nature and involve risks including total loss of value. Special risk considerations include natural events (for example, earthquakes or fires), complex tax considerations, and lack of liquidity. Nonfinancial assets are not in the best interest of all investors. Clients should always consult with your independent attorney, tax advisor, investment manager, and insurance agent for final recommendations and before changing or implementing any financial, tax, or estate planning strategy.

Bank of America Private Bank is a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (“BofA Corp.”). Trust and fiduciary services and other banking products are provided by wholly owned banking affiliates of BofA Corp., including Bank of America, N.A.

Investment products:

Are Not FDIC Insured – Are Not Ban Guaranteed – May Lose Value

Our shared values around intrinsic value of art, transparency in the art market, and cultural sustainability makes Bank of America a great partner for TEFAF New York (May 12-16). The opportunity to engage with our clients around their most important asset—their art collections—is one the many reasons we support this leading fair in the art world.

Art Market Update

The first half of 2023 will be a key test of the global art market’s strength in the face of macroeconomic and geopolitical headwinds. In the latest Art market update: Spring sales will test market resilience, the Art Services team at Bank of America discusses the drivers impacting the art market this season, the growth of the L.A. art scene, what you need to know when gifting or donating to a museum plus much more.

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