Important Disclosures: Educate Yourself on the Risks of Art Investments Art is a collectible, not a security. Any potential financial return is speculative and should be viewed accordingly. We do not offer fractional shares of art.

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The information provided on this website and in any past, present, or future communications with our advisors is for informational purposes only. It does not constitute an offer, solicitation, or recommendation to buy or sell any security or investment.

Art purchases carry risks, including the potential loss of principal. There are no guarantees of profitability, and past performance is not indicative of future results. We strongly advise prospective buyers to consult a registered financial advisor to determine how much they can safely allocate toward the art market, as the market can be highly illiquid and trends may change, potentially leaving you holding a piece in perpetuity.

The content reflects the author’s opinions and may be updated at any time, without notice, as the art market evolves.

This website and related communications may include forward-looking statements reflecting current expectations and beliefs about future events within the art market, including potential outcomes from art purchases and advisory services.

These statements may use terms such as anticipate, project, foresee, expect, estimate, predict, forecast, suggest, believe, and indicate. They are based on current information and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. We do not undertake any obligation to update these statements unless required by law.

Engaging in art acquisitions involves several risks and uncertainties, including but not limited to:

• Art Market Risks: Fluctuations in demand and pricing for specific artists or works.
   
• Advisory Performance Risks: Recommendations may not align with market outcomes.
   
• Operational Risks: Challenges in researching or advising on specific pieces.
   
• Client Relationship Risks: Potential misunderstandings about the scope of services.
   
• Regulatory Risks: Changes in laws affecting art transactions.
   
• Economic Risks: Broader economic conditions such as recession or inflation.
   
• Liquidity Risks: The inherent illiquidity of art as an asset.
   
• Auction House Risks: Risks associated with purchases through auction houses.
   
• Due Diligence Risks: Clients are responsible for verifying artwork authenticity, provenance, and condition.
   
• Forgery and Misattribution Risk: Even with provenance, works can later be deemed inauthentic or misattributed, which may significantly impact value.
   
• Restoration and Conservation Risks: Works may require costly preservation or restoration, potentially altering their condition or value.
   
• Storage and Transport Risks: Damage can occur during storage, shipment, or installation, even with professional handling.
   
• Currency Exchange Risk: Fluctuations in foreign exchange rates can affect acquisition costs or sale proceeds for international transactions.
   
• Legal Title and Ownership Risk: Hidden liens, stolen art claims, or disputes over ownership may arise.
   
• Import and Export Restrictions: Cultural property laws or government regulations may prevent certain works from being shipped internationally.
   
• Tax Law Changes: Alterations to tax codes may impact potential advantages or increase holding costs.
   
• Reputation Risk of the Artist: Controversies or negative publicity about an artist can affect the market demand for their work.
   
• Market Saturation Risk: A sudden influx of works by the same artist can lead to price declines.
   
• Dependency on Third Parties: Transactions often rely on galleries, auction houses, shipping firms, and insurers — failures by these parties may disrupt or harm the acquisition.
   
• Insurance Risks: Not having adequate or appropriate coverage can expose owners to significant loss.
   
• Data Security and Privacy Risks: While we strive to protect client information, breaches are possible.
   
• Legal and Tax Advice Disclaimer: We do not provide legal or tax advice; please consult your advisors.
   
• Force Majeure: Events such as natural disasters or pandemics that could impact services.
   
• Investment Horizon and Exit Strategy: Art acquisitions are typically long-term and may require extended holding periods.
   

By engaging with our services, you acknowledge and accept these risks. While we provide guidance in art advisory, for financial, legal, or tax matters you should consult a registered financial advisor or other appropriate professionals.

Catalin Lutu is an independent art advisor specializing in strategically acquiring art collections. His expertise is limited to art advisory services; he does not offer financial advice, stock market strategies, or other financial planning services.

Catalin Lutu is not affiliated with any FINRA-registered firm or registered investment advisor. The information provided here is not intended and should not be considered as a solicitation for investment advice or an offer to buy or sell securities.

For matters beyond art advisory services, clients should seek advice from qualified financial advisors, tax professionals, or legal experts.

The following disclosure is provided solely for transparency and completeness. It is not intended to diminish the importance of the disclosures above.

Past Securities-Related Registrations:

• Series 63 – Uniform Securities Agent State Law Examination: Passed March 16, 2001
   
• Series 7 – General Securities Representative Examination: Passed March 2, 2001
   
• Series 24 – General Securities Principal Examination: Passed February 5, 2004
   
• SIE – Securities Industry Essentials Examination: Passed May 8, 2017
   

Catalin Lutu held these registrations for nearly two decades but is no longer a registered securities representative or principal. His current activities do not involve offering securities advice or services.

We strongly recommend consulting with a currently registered and qualified financial professional for any financial or investment advice. Your financial decisions are critical—seek the best possible guidance.