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Find a Location

Masterworks.io, LLC has 1 locations, listed below.

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    Business ProfileforMasterworks.io, LLC

    Investment Advisory Services
    BBB accredited business

    At-a-glance

    Customer Reviews

    1.5/5stars

    Average of 6 Customer Reviews

    Customer Complaints

    4 complaints closed in last 3 years

    3 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 3/28/2022

    Years in Business: 6

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Overview

    Masterworks.io, LLC is a members-only investment platform allowing users to buy and sell fractional investments in iconic pieces of art.

    Business Details

    Location of This Business
    225 Liberty St Fl 25, New York, NY 10281-1058
    BBB File Opened:
    1/14/2019
    Years in Business:
    6
    Business Started:
    8/23/2017
    Business Incorporated:
    8/23/2017
    Accredited Since:
    3/28/2022
    Type of Entity:
    Corporation
    Business Management
    • Mr. Scott Lynn, CEO
    • Mr. Josh Goldstein, General Counsel
    • Ms. Candy Light, Investment Representative
    Contact Information

    Principal

    • Mr. Scott Lynn, CEO
    • Mr. Josh Goldstein, General Counsel
    Additional Contact Information

    Phone Numbers

    Website Addresses

    Customer Complaints

    4 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    06/20/2024

    Complaint Type:
    Customer Service Issues
    Status:
    Answered
    Since the beginning of June/2024after numerous documented attempts, Masterworks Fine Arts have ignored my request to sell my securities. I received an email each time stating: "We have received your message and our Technical Support Agents will be in touch shortly.", yet no one has responded. Furthermore, they claim that all I have to do is "Just head to the "Trading" tab on **************** and click the "Transfer" button in the box of your wallet account you would like to deposit into or withdraw from." There is no "transfer button", thus making it impossible for me to sell my securities. Most recent email: Today is 6/14/24. Sometime in early June I tried accessing my account information with no success. I emailed support and on 6/5 was given a link: Your Portfolio. When I do so, your web page states: oops, something went wrong. I immediately emailed back with this information, along with a request to close my account. On 6/7 I received a response from you: "We have received your message and our Technical Support Agents will be in touch shortly." That was over a week ago and no support agent has contacted me. The combination of a poor web site and bad customer service has confirmed the reason I want to close my account. If I don't hear from you soon then I will be filing a complaint with whatever watchdog agency that governs your actions.
    Read More

    Customer Reviews

    6 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Cody G

    1 star

    06/04/2024

    This company took my money and repeatedly misled me. Reporting to the ***** SEC, FINRA.

    Masterworks.io, LLC Response

    06/05/2024

    Thanks for taking the time to share your feedback. As discussed, we understand that your experience has been both inconvenient and increasingly frustrating.As previously related, the shares you purchased and now wish to liquidate were subject to an audit that needed to be completed to be in compliance with regulatory standards.Additionally, as implied by an audit, these procedures were conducted by an independent third party.Unfortunately, the timeline for completion was a opaque to us as well.We notified you as soon as the shares were eligible for trading. Since then, you have used the trading platform to list those shares for sale. Again, we want to apologize for the time and energy you have spent trying to resolve the matter and the frustration it has caused.

    Local BBB

    BBB Serving Metropolitan New York

    BBB Reports On

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