Amicus Financial Advisors: A Texas Titan on the National Stage

Amicus Financial Advisors, LLC (“Amicus”), a prominent name in the financial advisory landscape, has garnered national recognition, securing the #33 spot in the USA Today/Statista ranking of Best Financial Advisory Firms. This achievement not only underscores Amicus’s commitment to excellence but also establishes it as the leading firm in the state of Texas. Founded in 2005, Amicus began its journey as a specialized boutique financial planning firm catering to the unique needs of personal injury victims and their families. Today, it stands as a key component of the broader Amicus Group, a comprehensive financial services ecosystem.

The success of Amicus is deeply rooted in its collaborative and holistic approach to financial planning. The Amicus Group boasts a diverse team of professionals, including seasoned financial planners, astute investment specialists, experienced attorneys, meticulous accountants, and dedicated settlement planners. This multidisciplinary team works in seamless coordination, ensuring that clients receive well-rounded and integrated advice tailored to their specific circumstances.

Amicus Group serves a diverse clientele, encompassing recipients of legal settlements, plaintiff law firms, small businesses, and individuals seeking comprehensive wealth management solutions. Each segment benefits from the firm’s specialized expertise and commitment to delivering exceptional service.

Specialized Expertise for Settlement Recipients and Attorneys

A core area of expertise for Amicus Group lies in assisting injury victims in preserving and growing their legal recoveries. Recognizing the challenges individuals face after receiving settlements, Amicus offers a suite of services designed to protect their financial well-being. These services include strategies for shielding settlements from overspending, minimizing and deferring taxes, maintaining eligibility for government entitlements, and implementing sophisticated trust and investment solutions. By addressing these critical needs, Amicus empowers injury victims to secure their financial future and navigate the complexities of managing substantial settlements.

Amicus Group extends its expertise to plaintiff law firms, providing valuable assistance in tax deferral strategies for contingency fees. This service allows attorneys to optimize their financial planning and manage their tax obligations effectively.

Joseph Tombs, a co-founder of Amicus, brings a wealth of academic and professional experience to the firm. His tenure as a professor at Texas Tech University, where he designed the curriculum for the Registered Settlement Planner Designation, highlights his deep understanding of settlement planning principles. Currently serving as the President of the Society of Settlement Planners, Tombs continues to shape the industry and contribute to its advancement. He collaborates closely with Jeremy Babener, Amicus Group’s Tax Strategist and a former fellow of the US Treasury’s Office of Tax Policy, to provide clients with cutting-edge tax strategies. Their insights have been featured in prominent publications such as Forbes, Bloomberg, Trusts & Estates, Journal of Financial Planning, and Financial Services Review, further solidifying their reputation as thought leaders in the field. Tombs and Babener are frequently invited to speak at national, state, and local trial lawyer associations, sharing their expertise and educating legal professionals on the intricacies of settlement planning.

Supporting Small Businesses with Comprehensive Financial Solutions

Amicus Group provides a comprehensive suite of services to support the financial needs of small businesses. The firm’s diverse team of professionals gains an intimate understanding of business owners’ financial lives by providing personal financial and estate planning for owners and key employees, performing meticulous bookkeeping, preparing both personal and business tax returns, designing and implementing tailored retirement plans, providing payroll services, and drafting essential legal contracts. This holistic approach enables Amicus to act as a trusted advisor, guiding business owners through the complexities of financial management and helping them achieve their long-term goals.

Integrated Wealth Management for Individuals and Families

For individuals and families seeking comprehensive wealth management services, Amicus offers an integrated approach that functions as an "internal family office." A dedicated financial advisor serves as the central point of contact, coordinating an internal team of professionals who work seamlessly on all aspects of the client’s financial life. This coordinated effort ensures that clients receive personalized attention and a holistic strategy that addresses their unique needs and aspirations.

The Texas Tech University Connection

Amicus Group maintains a strong connection with Texas Tech University’s School of Financial Planning, with a significant portion of its professionals graduating from the program. David Tombs, the President of Amicus Financial Advisors, is among those who have benefited from the rigorous training and education provided by Texas Tech. He actively seeks to recruit fellow Red Raider financial planning graduates, recognizing that their academic foundation equips them with the skills and knowledge necessary to effectively serve clients from day one. This commitment to nurturing and developing talent within the Texas Tech community reinforces Amicus’s dedication to excellence and its commitment to providing clients with top-tier financial advice.

Accolades and Recognition

Amicus’s recognition by USA Today and Statista as a "Top 40 Firm" nationally, the "Best Financial Advisory to Plaintiff Lawyers," the "Top Financial Advisory Firm in Texas," and a "Top 5 Firm in its size category" is a testament to its unwavering commitment to excellence and its dedication to providing exceptional financial advice. These accolades underscore the firm’s position as a leader in the financial advisory industry and its ability to deliver outstanding results for its clients.

Amicus Financial Advisors, through its comprehensive services, experienced professionals, and commitment to collaboration, continues to make a significant impact on the financial well-being of its clients. The firm’s national recognition and its position as the leading firm in Texas solidify its reputation as a trusted advisor and a leader in the financial advisory landscape. With its dedication to excellence and its focus on providing personalized solutions, Amicus is well-positioned to continue serving the needs of its diverse clientele and to maintain its position as a premier financial advisory firm for years to come.