Buying Fine Wine for pleasure or investment presents its own unique challenges.
Independent advice is hard to come by and lead times of up to 2 years from purchase to delivery mean that efficient record-keeping is paramount.
In addition, to maintain optimum value and condition the wines must be stored in the correct environment when (and if) they ever show up.
NEXUS was created in 2006 by Mark Bevan to provide a much needed inventory management service to fine wine collectors who were
buying their wines from multiple sources. Having worked for a number of London merchants Mark came to the conclusion that most
merchants weren’t of a size or inclination to provide a proper reserves service for their clients. Add to this the increasing
number of suppliers top-end collectors have and an underlying distrust of the record-keeping of those suppliers and the need for an independent service was irresistible.
8 years on there is still a surfeit of people trying to sell you wine and an increasing number of options to sell your wine.
There are merchants masquerading under ‘portfolio managers’ and boiler rooms purporting to be ‘investment advisers’. There have
never been more opportunities and pitfalls in the fine wine market. Add to this the absence of any meaningful regulation and the
need for independent assistance remains as strong as ever.
At NEXUS we can provide a range of services from storage to full asset management. All supplied with complete independence
and the expertise gleaned from many years operating ‘behind the curtain’ in the fine wine trade. Our income is derived from providing services,
not selling wine, so there is no confusion and we aim to represent our clients best interests at all times.
What began as a bespoke service for a handful of top-end collectors has grown to over 1200 portfolios from 1 to 5000 cases with a total
asset value of over £60m.
These economies of scale allow us to negotiate fiercely on your behalf for all your service requirements from
temperature controlled cellaring to international shipping. We have strong relationships within the trade ensuring
your business is conducted efficiently and issues are resolved quickly. We sit in the middle of all your buying, selling,
logistic and data needs, with our focus on efficiency, accuracy and value.
We are an ardent supporter of the independent fine wine trade with all its vagaries and eccentricities. Long on product
knowledge but short on admin skills we aim to free them up to search for the best wines around the world on your behalf.
We’re often asked how much fraud there is in the market. The honest answer is ‘a bit’ but in our experience the bigger danger is
incompetence. Most of our oldest clients have suffered from a merchant ‘forgetting’ to deliver their wine at some point or other.
This makes accurate record keeping critical. We can work with your records or you can use our bespoke services to manage your collection information in our cloud.
OK. Enough guff. How do I actually open a collection for storage or management?
NEW COLLECTOR FORM