The MD Preferred Service Award is testament to our on-going commitment to empower physicians to become better stewards of their capital by providing access to financial experts. . .
New York, NY (PRWEB) July 26, 2011
In recognition of their work with physicians, the principals of The Abernathy Group II, Steven Abernathy and Brian Luster, have been named a 2011 MD Preferred Service Award recipient. According to the Bureau of Labor Statistics, there are approximately 700,000 physicians in the United States who work in excess of 60 hours per week. While the earning potential is the highest among any profession in the United States, demands on time and pressure from a host of sources impairs physicians’ ability to oversee their personal finances. An elite group of financial advisors is emerging as specialists to the medical community, including The Abernathy Group II, who are eager to assist physicians in overcoming these obstacles. Every MD Preferred Financial Advisor is a ‘Fee for Service Only’, SEC registered fiduciary that must meet stringent professional and ethical standards to eliminate any potential conflict of interest.
Each year, US Medical Specialties, Inc., a national medical consulting firm, recognizes excellence in service to the medical community in a number of disciplines including financial advisory services, real estate, insurance and legal services. The goals of the MD Preferred Program for Financial Advisors include identifying, acknowledging and promoting service excellence to the medical community.
The program provides medical professionals with a recognizable national icon that assures specialized services and an understanding of the unique needs of physicians and their families. “Doctors are very busy professionals,” observed Michael O’Malley, Project Manager of MD Preferred Services. “When it comes to finding a service professional that specializes in serving physicians, they appreciate an organization that has done the research for them and has pulled a team together to make their lives easier.”
The Abernathy Group II (http://www.abbygroup.com), one of the oldest investment firms in the nation devoted to the medical profession, formally launched a new type of Specialty Family Office for high-net worth doctors called The Abernathy Group II Physician Family Office (PFO) on June 20, 2011. A Family Office is a professional entity designed to manage the investments, business affairs, and Trusts for high-net-worth families confidentially and more cost-effectively. The Abernathy Group II is one of the most highly regarded and highly rated professional investment firms in the United States and its owners, Steven Abernathy and Brian Luster, have been advising medical doctors and their families since 1991. The firm has received 16 number one rankings, in various categories, from Nelson Information’s World’s Best Money Managers and two “Best” rankings from Barron’s since 1993.
“The MD Preferred Service Award is testament to our on-going commitment to empower physicians to become better stewards of their capital by providing access to financial experts and placing the interests of physicians and their families ahead of the interests of our firm”, stated Brian Luster. “This commitment is further exemplified by our non-profit operating model, whereby we rebate any profits back to our clients, and through our Board of physicians who help us continue to improve our service offering for the changing needs of the medical community.”
The Abernathy Group II is one of less than 500 financial advisors nationwide that has received the prestigious MD Preferred Service Award and only one of five in NYC.
About The Abernathy Group II
The Abernathy Group II is a Registered Investment Advisor (RIA) and is one of the oldest investment firms in the nation devoted to the medical profession. The Abernathy Group was established in 1991. Its corporate headquarters are in New York City. For more information, visit http://www.abbygroup.com or call Mary Reilly at 212-293-3462.
About The MD Preferred Service Award
The MD Preferred Service Award is presented each year to a diverse group of professional service providers. Award recipients can be found at an online resource center available at no cost to the medical community at http://www.MDPreferredServices.com. MD Preferred also provides job services from Medical Match, and distributes a monthly e-newsletter, The Advisor, to graduating residents and fellows in 32 medical specialties. For additional information, please contact Mike O’Malley at 800-260-8366.