Steven Abernathy discusses running a family office. Mr. Abernathy says there is an underserved need for firms dedicated to wealthier families. He reflects Warren Buffet’s advice for seeking an adviser: Choose an adviser that is both honest and competent. He also says every adviser should have owned and run a business for at least a decade. Mr. Abernathy says that since the election, he has started to reallocate assets for the families he represents, and he is watching interest rates closely. He has increased the firm’s subjection to variable rate assets, and on the equity side, the international component has been reduced.
Full interview available here.
Steven Abernathy Wants his Asset Managers to Eat Their Own Cooking
September 30, 2019
Interview Highlights: Steven S. Hill of Foresters Financial on Investing Strategies
October 20, 2016
Interview Highlights: R. Burns McKinney of NFJ Investment Group on Investing Strategies
September 15, 2016
Interview Highlights: Mark A. Boyar of Boyar Value Group on Investing Strategies
January 26, 2017
Interview Highlights: Christopher P. Brown Jr. of T. Rowe Price Group on Investing Strategies
February 01, 2017
