• Magazine
    • Past Issues
    • Subscribe
    • Change Mailing Address
    • Surveys
    • Guidelines for Authors
    • Editorial Calendar
    • Editorial Deadlines
  • Practice
    • Business Tips
    • Chiropractic Schools
    • Clinical & Technique
    • eBooks
    • eCourses
    • Infographics
    • Quizzes
    • Wellness & Nutrition
    • Personal Growth
    • Podcast
  • Resource Centers
  • Products & Services
    • Buyer’s Guide
    • Products Directory
    • Submit a Product
    • Vendor Login
  • Datebook
    • Become an Events Poster
    • Post an Event
    • View Events
  • Jobs
    • Jobs
    • Post a Job
  • Advertise
    • Advertising Information
    • Media Kit
    • Contact Us
    • Upload Advertising

Your Online Chiropractic Community

Chiropractic Economics Your Online Chiropractic Community
Subscribe
  • Home
  • Current Issue
  • News
  • Webinars
  • Chiropractic Research
  • Students
  • Coronavirus (COVID-19)

The Abernathy Group launches not-for-profit physician family office

Chiropractic Economics July 14, 2011

July 14, 2011 — The Abernathy Group II, one of the oldest investment firms in the nation devoted to the medical profession, announced the launch of a new Specialty Multi-Family Office for high-net worth doctors, The Abernathy Group II Physician Family Office (PFO).

This Physician Family Office is governed by an Advisory Board of thought-leading physicians and managed by proven investment professionals with audited track records. The effort plans to ensure the medical profession has access to top-notch investment managers normally unavailable to investors, while avoiding the high fees and commissions typically associated with the financial services industry.

A multi-family office is a professional entity designed to manage the investments, business affairs, and Trusts across multiple generations for high-net-worth families confidentially.

The two principals of The Abernathy Group II Physician Family Office, Steven Abernathy and his partner, Brian Luster, will provide the capital, as needed, to fund operations and build the business.

“Steven [Abernathy] and I are personally funding the Physician Family Office as a testament of our commitment to the physician community. This funding creates what we believe to be the first, true, multi-family office designed to handle the unique financial needs of thought-leading physicians. Our goal is to give medical doctors access to the best financial minds, and professional investors available, at cost, for dedicating their lives to science which has greatly increased our life-expectancy,” says Luster.

Abernathy added, “It is time the community of physicians devoting their lives to our welfare had access to financial experts so they can continue to focus on what they do best, while ensuring their assets are as well cared for as we are, under their care.”

Source: The Abernathy Group II, www.abbygroup.com

Reference

1PE Database, http://www.pedatabase.com/private-equity-glossary/term.php/118/General/Family-office

Related Posts

  • ChiroSpring combines power with flexibilityChiroSpring combines power with flexibility
  • Human Touch introduces Perfect Chair to BrookstoneHuman Touch introduces Perfect Chair to Brookstone
  • Future Health Inc. and JTECH Medical form allianceFuture Health Inc. and JTECH Medical form alliance
  • NUHS joins childhood obesity fightNUHS joins childhood obesity fight
  • MOA names Edward J. Canfield as its 114th presidentMOA names Edward J. Canfield as its 114th president
  • Historic agreement reached for 2017 joint chiropractic conferenceHistoric agreement reached for 2017 joint chiropractic conference

Filed Under: Industry News, News

Current Issue

Follow Us

  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • YouTube logoYouTube logoYouTube

820 A1A N Highway W18,

Ponte Vedra Beach, FL 32082

Phone 904.285.6020

Fax 904.395.9118

CONTACT US »

Privacy Policy & Terms of Service

Copyright © 2021, All Rights Reserved

SUBSCRIBE TO THE MAGAZINE

Get Chiropractic Economics magazine
delivered to your home or office. Just
fill out our form to request your FREE
subscription for 20 issues a year,
including two annual Buyers Guides.

SUBSCRIBE NOW »

Latest Chiropractic News

  • Colorado allows chiropractors to give COVID-19 vaccine shots
  • American Chiropractic Association lauds U.S. Congress passing fair competition health legislation
    The American Chiropractic Association (ACA) lauded the U.S. Congress for passing legislation that will promote fair competition in health...
  • Logan University debuts new health center
    Logan University logo
x