Other applicable fees may apply, which are detailed in the offering documentation that investors receive. Masterworks charges a 1.5% annual management fee, plus the company takes 20% of any profits from an artwork's sale. Individual investors are limited to owning no more than 10% of an individual work of art. Masterworks investors are required to meet a minimum investment depending on the piece of art they are investing in. Plus, Masterworks lets you invest your IRA earnings into their fine art through its partnership with Alto IRA, an alternative asset investing platform. Masterworks even recently added a secondary market, too, where investors can trade shares in paintings. Meanwhile, its research team works in the background to calculate appreciation rates, correlation and loss rates. The platform stands out especially for using propriety data to determine which artist markets have the most momentum, focusing on the very high-end segment of the art market that has predictable returns, the company says. The company says it launches about one new painting every four to five days.
Shares of the painting are then made available for purchase on the Masterworks website for as little as $20 per share. Masterworks will purchase a painting and file it with the SEC as a public offering, or IPO, similar to how a company goes public.
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