Masterworks Reviews 226

TrustScore 4.5 out of 5

4.5

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Review summary

Based on reviews, created with AI

Reviewers overwhelmingly had a great experience with this company. Customers consistently praise the staff for their helpfulness, knowledge, and professional approach, making the investment process smooth and easy to understand. Many people appreciate the clarity of the offerings and the overall user experience, finding the platform straightforward and engaging for investing in art. However, some customers have expressed dissatisfaction with the website's updated version, citing issues with legal jargon and difficulty navigating certain features. A few people also mentioned negative experiences with customer service, specifically regarding unhelpful communication and a lack of support when trying to sell investments.

What people talk about most

Staff

Users describe positive interactions with staff, highlighting their patience, helpfulness, and... See more

User experience

Clients share positive opinions on user experience, frequently highlighting the seamless and easy onboarding... See more

Product

Customers consistently note positive experiences with the product, highlighting the platform's unique... See more

Website

Consumers find the website experience to be ambiguous. While many praise its ease of access, straightforward... See more

Customer service

Reviewers highlight positive aspects of customer service. Customers consistently praise the patience,... See more

Based on these reviews

Rated 4 out of 5 stars

My experience in the past with the Masterworks website has been seamless and very straightforward. The updated version has taken a backward step with all the Legal Jargon etc al, that scrolling throug... See more

Rated 4 out of 5 stars

Very unique and interesting way to allow the layperson to invest in art work. Their fees are high - 1.5% annual and they keep 20% of the profits when the art sells. It is also difficult to find out... See more

Rated 4 out of 5 stars

Easy to understand, great onboarding and understanding. Purchase process wasn’t 100% as I didn’t get direct feedback on how to include a confirmation code. I still don’t know even though I did get... See more

Rated 4 out of 5 stars

I've been invested in Masterworks for nearly a year and though nothing in my portfolio has sold yet, it has been great to see/learn about the artworks offered. One sour note: I tried to redeem points... See more


Company details

Written by the company

Masterworks allows anyone to purchase and trade shares in iconic artworks, by artists like Monet, Warhol, and Picasso. Learn how to invest in high-end artworks and beat the S&P 500.


Contact info

4.5

Excellent

TrustScore 4.5 out of 5

226 reviews

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Hasn’t replied to negative reviews

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Rated 5 out of 5 stars

Great Work

Informative, knowledgeable and friendly service. Easy, no nonsense on-boarding process. Great product.

November 27, 2024
Unprompted review
Rated 5 out of 5 stars

Quick & easy

Quick & easy - answered all questions, helped set up account & walked through ordering process

October 25, 2024
Unprompted review
Rated 5 out of 5 stars

Very professional onboarding

The people I talked to at Masterworks listened to me. They answered my questions. They were knowledgeable about the product they are selling. The onboarding process felt very professional and not rushed.

October 18, 2024
Unprompted review
Rated 5 out of 5 stars

The level of expertise and…

The level of expertise and professionalism delivered by the consultants at Masterworks is world class and extremely premium. They understand where their clients are at and guide them through every step of the process with respect and courtesy. Looking forward to a long term relationship with Masterworks investing in and growing my knowledge of Art.

October 18, 2024
Unprompted review
Rated 5 out of 5 stars

Erik B. is great!

Erik B. was great - helped walked me and my wife through the onboarding and investment process and answered all of our questions. Excellence experience overall!

October 17, 2024
Unprompted review
Rated 1 out of 5 stars

Worst investment I ever made

Worst investment I ever made

Worst investment I ever made in my life. Negative return, low level of liquidity, technical problems with the platform as it does not show the 2 investments I made few months ago. No possibility to trade when it is said it is possible from monday to friday. The support took 5 days to answer to a very simple question I sent. In a word, I will be happy to withdraw my investment as soon as possible and run away from that company.

November 12, 2023
Unprompted review
Rated 5 out of 5 stars

Helping small time rookie art investor

I appreciate the caution in letting me not over-commit. The explanation of the fee structure, holding time, and various risk levels were more than I expected. The help setting up on line was also very well done and pleasant.

October 10, 2024
Unprompted review
Rated 5 out of 5 stars

Introduction

Evan and Layla were both super helpful in getting me set up for my first art investment. They were welcoming and provided useful insight as I diversify my portfolio. I am very pleased with the wonderful services offered thus far and look forward to continuing my journey with art investing!

September 17, 2024
Unprompted review
Rated 5 out of 5 stars

Easy, honest sign-up procedure

Masterworks offers an easy, simple, and smooth sign-up procedure, making it accessible to new users. The platform clearly warns about the long-term nature of the investment and the associated risks, which is crucial for anyone considering this kind of financial commitment. The user instructions are well-crafted and provide clear guidance on navigating the app and its features. Overall, a positive experience.

August 30, 2024
Unprompted review
Rated 4 out of 5 stars

Friendly and helpful customer service, but insufficient risk advice.

Friendly and helpful customer service, but very limited information on the risks associated with investment aside from the discussion on the duration of the investment. No discussion on the volume of email which (spam-like) which is now filling my inbox. No discussion on the option to sell out of the paintings early. Insufficient terms and conditions before joining.

August 20, 2024
Unprompted review

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