Addicus Responds to ‘Family Offices Facing Growing Squeeze’

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Multi-family office Addicus expands on a recent article’s claim that family offices are facing a number of challenges in 2014.

News Image’s also a matter of having the right temperament and attitude in order to handle the plans with sincerity and professionalism.

Addicus, a multi-family office based in Mississippi, responds to an article featured on discussing the biggest concerns facing multi-family offices in 2014.

Listed in the article are talent troubles, capital needs, profitability problems and competitive threats. The number one issue listed is acquiring and training talented people to work for an MFO (read the article here:

Addicus views the issue of a talent squeeze not so much on finding people who are interested in working at an MFO but finding the people with the right skills and mindset to work in the MFO environment. The focus is always on the client and providing them with the best experience and it takes the right people to get that done.

“A large breadth, heavy expertise, and experience working in a variety of areas are required when managing complex decisions for a client’s combined personal and business interests,” says Addicus Managing Partner Drew Adams. “However, it’s also a matter of having the right temperament and attitude in order to handle the plans with sincerity and professionalism.”

The partners of Addicus would also add to that list bringing awareness of the industry and to not see a multi-family office as an expense but rather an investment. States Addicus: People should realize that there is always room for improvement and that providing this service is costly. Clients have to invest to get improved results in their asset coordination, just as they do in their businesses.

About Addicus
Addicus is a full service firm driven by economics, not 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. Please visit

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Britton Holleman
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