By: Nick Parmee

The Abernathy Group II, an investment firm and RIA specializing in services for the medical profession, has launched a family office for high net worth doctors to be called the Abernathy Group II Physician Family Office.

Owners Steven Abernathy and Brian Luster will be launching the PFO, which will work on a fee-only basis, from their base in New York City and aiming for a national reach.

“It is certain the next decade will not be as financially rewarding as the last decade for most physicians. Medical doctors with significant assets must guard those assets and insure their capital is managed professionally, just like a second business,” said Dennis Ryll, MD, a St Louis, Missouri advisory board member of the PFO.

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