Luxembourg-headquartered Oracle Capital Group has launched an art advisory service for clients looking to invest or maintain collections in the fine art market.

Oracle Capital Group, the global independent multi-family office and wealth consultancy which expanded further into the Russia market last year, has launched an art advisory service for clients looking to invest or maintain collections in the fine art market.

The service gives clients access to a panel of experts who can advise on specific paintings, periods and movements, the firm said in a statement. Its focus will ensure that those investing for the first time or those already with paintings and collections are given expert advice around key valuation issues including trends, authenticity and emerging art markets.

The group said James Butterwick, described as of the world’s leading experts on Russian art, will join the panel. Butterwick is the only foreign member of the Russian Society of Private Collectors and in 2008 he became the only foreign member of the International Confederation of Antique and Art Dealers of Russia and the CIS and in 2013 was voted into the prestigious Society of London Art Dealers.

Oracle already has several ties to the arts having recently sponsored the Houghton Revisited exhibition, which saw masterpieces by Van Dyck, Poussin, Rubens, Rembrandt and Velazquez reassembled in their original setting of Houghton Hall for the first time in over 200 years.

Headquartered in Luxembourg, the group provides services for high-net-worth individuals and their families, including investment advisory, wealth structuring and asset protection, asset financing and insurance, legal case management, property development, and concierge services from its seven offices in London, Luxembourg, Geneva, Nassau, Moscow, Almaty and Limassol.

Last October, Oracle set up a strategic alliance with Third Rome Group - the Russia/CIS-focused wealth manager - to expand its presence within the Russian investment services and wealth management markets.  Under that agreement, Oracle Capital Group acquired, for an undisclosed sum, a blocking stake in the Third Rome Group holding company. The agreement will enable Oracle Capital Group to expand its service offering and increase its exposure within the Russian wealth markets.

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