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NextGen, art and making an impact
BNP Paribas Wealth Management’s NextGen programme is in its 20th year. In an interview published in the latest edition of the Deloitte Private and ArtTactic Art & Finance Report, Alison Leslie, Head of Art Advisory at BNP Paribas Wealth Management, speaks with Rachida Tournier, Deputy CEO of BNP Paribas Wealth Management in charge of Entrepreneurs & Families clients about the genesis of the NextGen Experience on “Art for Impact” at the Villa Medici in Rome, and how the new generations view art as a way to bring purpose to their wealth management.
Reflecting on the programme, Rachida Tournier, Deputy CEO of BNP Paribas Wealth Management in charge of Entrepreneurs & Families clients, said:
“The programme is designed to help a new wave of clients understand their wealth and how it is managed. The first edition took place in Hong Kong, and we now hold an average of three sessions per year in three different locations worldwide, with 50 participants in each. Since the programme’s launch, almost 2,000 children of our major clients have taken part from over 20 countries around the world.”
The first edition of the NextGen Experience on “Art for Impact” at the Villa Medici in Rome took place in 2022, to address increasing queries from clients to discuss subjects beyond pure finance and investment.
“Since that first edition, art has very much taken center stage. Participants are fascinated to learn about how art has impacted a city like Rome over the centuries, and how it continues to shape our appreciation of the places we live in or visit today. The new generations are very interested in how they can combine a passion for art with making a real impact on a community they love,” noted Alison Leslie, Head of Art Advisory at BNP Paribas Wealth Management.
Read the full interview here.
The Deloitte Private and ArtTactic Art & Finance Report is a barometer for emerging trends and sentiment in the art and finance industry and highlights developments in the art and wealth management space. This year’s report explores how next-generation collectors are reshaping the art market, prioritizing cultural impact and legacy over financial returns. It also emphasizes the increasing importance of mid-market artworks and luxury collectibles in wealth strategies, highlighting how technology, particularly AI and blockchain, is addressing long-standing challenges around valuation and provenance.