Observer Art Power Index 2025

Megan Fox Kelly was recently included in Observer’s Art Power Index 2025: The Art Market’s Most Influential People.

The art advisory field has evolved dramatically since she began, but Megan Fox Kelly remains at the top of it. Through her namesake firm, she manages more than $3.5 billion in art assets, guiding ultra-high-net-worth collectors and institutions through every stage of building, managing and preserving major collections. Her clientele reads like a who’s who of contemporary collecting, from the estate of Faith Ringgold and the Robert Indiana Estate (Star of Hope Foundation) to Michael Crichton and the Robert A. and Beatrice C. Mayer Collection, to the Terra Foundation for American Art, the Robert Rauschenberg Foundation and the estate of Robert De Niro Sr. Yet her work extends beyond private counsel. “This is about professionalizing advisory practice beyond just transactional brokerage, and building long-range strategies that sustain value for collectors and, for artist estates, build scholarship and access,” Kelly tells Observer. “If you're managing a specific collection or an artist estate, you need bespoke analysis—what's happening with pricing in this particular segment, what are the trends that matter for these works?” 

As a contributor to Observer, Kelly writes about collection legacies, art fair strategies, and market forecasting. As host of the Reading the Art World podcast, she helps demystify the business for a wider audience. A former president of the Association of Professional Art Advisors, Kelly is a regular presence at TEFAF Maastricht, The Art Business Conference and The Armory Show, where her perspective carries the authority of both experience and discretion. Behind the NDAs and closed doors, she is a strategist; onstage and in print, she’s a translator of market complexity. Her advice to her colleagues remains succinct and timeless: “What it takes to make this real is collaboration. Financial advisors, attorneys, and art market professionals actually working together instead of in silos. That's how we better serve both collectors and estates.”

Read the full Index from Observer here.