In this episode, David Lenok, senior editor at WealthManagement.com, speaks with Barbara Archer, managing director and partner at Hightower Wealth Advisors St. Louis. David and Barbara speak about Barbara’s story of researching, purchasing and preserving art that can be shared with the world.
Today’s celebrity example begins with Lilly Pulitzer. Lilly quickly grew to fame through her fashion and bright colored designs. But, an individual so often forgotten in Lilly’s story is Suzie Zuzek. Suzie, the artist behind the designs, was once never recognized, but that has recently changed. Our guest shares the story of finding Suzie’s designs and the work it took to have them displayed in the Cooper Hewitt Smithsonian Design Museum. We use this example to understand the steps it takes to preserve collectibles.
- Her role in getting Suzie Zuzek’s designs into the Cooper Hewitt Smithsonian Design Museum;
- How advisors should handle the situation of clients wishing to invest in collectibles;
- The hidden costs associated with investing in collectibles;
- And more.