Asset Preservation Advisors

Overview

About

Asset Preservation Advisors (APA) is a boutique municipal bond investment management firm founded in 1989. APA specializes in managing high quality tax-exempt and taxable municipal bond portfolios for registered investment advisors, family wealth offices and institutional clients.

APA works closely with its clients in developing an in-depth understanding of their unique investment objectives with an intense focus on wealth preservation and generation of tax advantaged income. They then tailor an investment program that best meets our clients’ specific long term investment objectives and risk tolerance levels.

Since its founding, Asset Preservation Advisors has maintained an unwavering commitment to delivering the highest levels of service, customization and execution for their partners and clients. They deeply value the trust their clients have bestowed upon APA and the team remains dedicated to adhering to the strongest ethical, moral and business standards first envisioned at our founding in 1989.

Investment Philosophy

Asset Preservation Advisors believes that persistent pricing inefficiencies exist in the municipal bond market. They seek to capitalize on these inefficiencies and create value through rigorous credit research and active portfolio management. APA's mission is to protect their clients’ principal and enhance yields by investing in high quality investment grade municipal securities, primarily in the secondary market.

APA believe the buying and selling of municipal bonds must be strategically executed due to the nuances of this non-transparent, over-the-counter market where price markups and factors such as large supply and demand imbalances can meaningfully influence overall bond prices. APA’s deep municipal investment expertise combined with their extensive broker/dealer relationships best enable the team to seek the strongest execution for clients’ portfolios.

APA employs active account management and will modify portfolio structure due to changing market and yield curve conditions. They take this approach in an effort to mitigate volatility while seeking the most favorable risk/return profile for our clients. For more information about APA’s investment process and historical returns, please contact APA.

The Investment Team