The Morgans, Melons and Rockefellers - and three generations of heirs to the founder of ADIDAS - didn’t take their financial affairs to a bank or brokerage.
Several years after the death of legendary shoe maker Adi Dassler, the family sold their ownership of Adidas creating a large liquidity event and thrusting the family into an entirely new industry; the Family Office wealth management business.
With a private FinancialTeam, the family receives unbiased guidance and the collaboration of true experts who work for the family, not for Wall Street. Their loyalties are never divided by an institutional paycheck, their judgment is never clouded by a commission or sales incentive, and their choices are never limited to a menu of investments that favor a bank or brokerage profit agenda.
Today, the Adidas legacy wealth is held by three generations of heirs to Adi Dassler and The Adi Dassler International Family Office: created and advised by the FinancialTeam at FirsTrust, LLC.
Of course, not all affluent families are world famous. In fact, many don’t necessarily regard themselves as “wealthy” or feel the need for an entire Team of experts. But the cornerstone feature of a true Family Office, in a word, is “Trust”.
And everyone needs that.
Today, families of all sizes have a private FinancialTeam of experts to serve the best interests and objectives of their family. The family confidently relies upon a collaboration of these best-and-brightest minds and their consensus-driven guidance for each financial decision the family makes - with absolute discretion.
With a dedicated team of experts standing at their front gate, the family is insulated from conflicts of interest and the constant barrage of sales pitches. They don't have to pay retail prices or make large purchases without professional research and negotiations. They employ sophisticated strategies to reduce risks, minimize taxes, and take shelter from financial predators. And they safely transition the family’s legacy and stewardship values to multiple generations of future children and grandchildren.
With a platform of savvy, modern-day technologies and a competent home office staff behind them, FirsTrust can advise and manage a family’s comprehensive financial assets, regardless of what they are (investment accounts, real estate, farms, art collections, etc.) or where they may be held (US or internationally). Plus, with consolidated, real-time data and customized reporting, each family can remain fully informed and track their performance against the family’s established benchmarks.
Chief Operations Manager on staff Comprehensive Financial Planning
Investment account data aggregation Plan implementation and monitoring
Consolidated account reporting Family Governance & Education
Cash flow analysis and tax reporting Multi-Generational Legacy planning
Simplified Tax reporting Estate & Tax management
Secured on-line document storage
Chartered Financial Analyst (CFA) on staff IT Systems Expert on staff
Investment strategy and oversight Cyber Security Information Management
Sub-Advisor portfolio review services Written & Updated Policies & Procedures
Collaborative Portfolio Construction System Encryption Protocols
Investment Committee Participation Data firewall security
Investment Policy Statement Guidance Systems Risk Management Guidance
Proxy Voting Protocol Maintenance
Client Portfolio Risk Analysis System
Regulatory Compliance (Multi-Family Office)
Compliance Officer on staff
SEC compliant protocol maintenance
Disaster Recovery Plan
Written & Updated Policies & Procedures
The Adidas Group / Adidas, Inc is a publicly traded company. The Adi Dassler International Family Office is not affiliated, or financially aligned in any manner, with The Adidas Group or the transaction of its securities. The adidas logo is a registered trademark of The Adidas Group.