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Why Consulting Firms Are Buying Their Own Art Galleries

Why Consulting Firms Are Buying Their Own Art Galleries

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Episode 58 of Service Business Talks examines a surprising trend: top consulting firms are acquiring art galleries. With McKinsey, Deloitte, and BCG all making moves in the fine art space, we explore why. Lucas breaks down the numbers: the global art market hit $67 billion in 2025, and consulting firms are carving out a niche in art advisory—advising HNW clients, curating corporate collections, and building cultural capital. We discuss the case of McKinsey's 2024 acquisition of a prominent London gallery, how it integrates with their private wealth practice, and what it means for the future of professional services. Luna asks the tough questions: is this a genuine value-add or just a vanity play? Tune in for a sharp, grounded conversation about strategy, status, and the business of art. #Consulting #ArtGalleries #McKinsey #Deloitte #BCG #ArtMarket #WealthManagement #HNWClients #CorporateStrategy #ArtAdvisory #Culture #PrivateWealth #BusinessStrategy #ProfessionalServices #ArtBusiness #FexingoBusiness #ServiceBusinessTalks #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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