Addicus Reveals Secret to Wealth for Financial Elite

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The Multi-Family Office notes the asset allocation strategies of how the 1 percent continues to grow its wealth.

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“With the complexity of tax, legal, business, and related issues and the entanglement of our clients’ business and personal affairs, we see a growing trend of demand for comprehensive service and an organization such as Addicus..."

Addicus, a Multi-Family Office (MFO), reports a growing trend toward more families of the financial elite reallocating their assets to MFOs. Addicus believes this trend will continue to grow and prove fruitful for families beyond the elite 1 percent to grow their wealth.

Addicus veteran of the industry and Managing Director, Stephen Miles, notes, “One of the key reasons Addicus is experiencing this shift is because our clients find our real-time access to their financial position invaluable in taking full advantage of opportunities.” The specialized services of MFOs, such as Addicus, are attracting families with lesser wealth than the ultra affluent who have customarily used these services. The recently published 9th Annual MFO Study from The Family Wealth Alliance documents a 9.6% gain in assets under advisement at multi-family offices. “With the complexity of tax, legal, business, and related issues and the entanglement of our clients’ business and personal affairs, we see a growing trend of demand for comprehensive service and an organization such as Addicus to serve as the overall quarterback.”

The multi-family office model delivers much more than the pure asset management of an independent financial advisor. Services that synchronize and coordinate a family’s wealth preservation, wealth accumulation and distribution strategies are in high demand.

Most MFOs deal exclusively with families whose net worth exceeds $100 million. Addicus fills the void for families with mid-market wealth while having the sophistication and resources to handle clients in the upper tier, too.

Addicus Managing Partner, Drew Adams, explains, “As more financial instruments become accessible, long-term income strategy choices become more complex. Traditional asset allocation strategies, focused on risk-tolerance and age, are insufficient models to address the unique challenges of America’s successful business entrepreneurs.” Adams further clarifies, “An MFO has the expertise to evaluate a multi-generational business and make the winning choices for both the business and the family.” Families with multi $100 Million net worth are attracting the focus of large accounting firms and wealth management operations that have MFO services. However, many families with complex business interests, balance sheets, and family planning issues are resolved to stick with traditional advisory models. As mistakes happen to them or those they know, they are looking for alternatives that provide them with the global viewpoint of their finances, issues, and options. Addicus is perfectly positioned and fully capable to provide these services to families that are currently being ignored.

For more information about multi-family offices and how Addicus can help, visit http://www.weareaddicus.com or call (662) 550-2051.

About Addicus
Addicus is a full service firm driven by real-world economics, not theoretical finance. Our global perspective and approach often challenges conventional wisdom with amazing results. We specialize in providing services usually reserved for family offices of the world’s top earners providing our clients a boutique style approach with a personal touch. Addicus’ Private Wealth Development services start with a discovery phase by piecing together a full and thorough profile of one’s personal and business finances. Leading with your mission statement, Addicus designs and uniquely crafts a playbook to accomplish your goals and initiatives. Contact Addicus today and get started with a playbook of your own.

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Britton Holleman
Addicus
662-550-2144
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