The art market isn’t broken, exactly, but in the eyes of art market veterans Ed Dolman, Alex Dolman, Brett Gorvy, Philip Hoffman, and Patti Wong, it doesn’t function the way it used to. The group aims to change that with a new collaborative consultancy, New Perspectives Art Partners (NPAP), announced Thursday.
The consultancy won’t operate like a formal firm: each partner is keeping their day job, and they’ll only assemble when there’s a high-level, specialized problem that needs solving. Think of it like the Avengers, but for the art world.
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“We’re not just another advisory,” Gorvy told ARTnews over the phone earlier this week. “This is more like a McKinsey model—a team that comes together to dissect a problem and solve it.”
NPAP isn’t looking to simply broker sales. Instead, it will advise collectors, fiduciaries, and family offices on how to manage, grow, or disperse significant collections with global context and institutional muscle. A major selling point is the group’s deep experience across different segments of the market—from auction houses and top galleries to institutions and high-end advisory—and a geographical footprint that spans Hong Kong to Doha.
Gorvy and Dolman both acknowledged that the current art market is at an inflection point. “We’re not starting this in a boom,” Gorvy said. “We’re starting this in a market that’s becoming complex.”
Dolman pointed to the proliferation of third-party guarantees, declining resale premiums, and regional fragmentation as evidence of a “paradigm shift” in the auction market, with the biggest houses becoming “victims of their own success.”
“What used to be a straightforward business has gotten massively complicated,” Dolman said. “That auction model, once full of surprise and upside, now feels rigid—designed more to manage risk than to serve buyers.”
Gorvy suggested that the market’s fragmentation and increasing complexity have created an opening.
“The tried-and-tested platforms are all showing signs of failure—or at least exhaustion,” Gorvy said. “But that chaos creates opportunity. If you can help clients navigate it, you can add real value.”
NPAP, the partners say, draws strength not just from its flexible structure but from the chemistry behind it. Dolman and Hoffman have known each other since the early 1990s. Gorvy worked closely with Dolman in the early 2000s. And although Patti Wong was a longtime competitor—she led Sotheby’s Asia while Gorvy served as Christie’s chairman and international head of postwar and contemporary art—Gorvy always admired her from afar.
“I was jealous of her power in the marketplace,” he said.
Both Gorvy and Dolman stressed that discretion is baked into the consultancy’s model. There’s no brand-building exercise, no junior staff scrambling for consignment quotas.
“Relevancy is what we keep coming back to,” Gorvy said. “What’s relevant to collectors right now? What’s relevant to institutions? To fiduciaries?”