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Featured Advisor

Asset Preservation Advisors


State: GA

APA’s philosophy is to work closely with our clients to develop an in-depth understanding of their unique needs and objectives. We then customize a municipal bond portfolio that best meets their specific goals and needs. APA manages high quality municipal bond portfolios in four strategies: Short-Term, Intermediate-Term, High Income, and Taxable.

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Tax and Estate Planning Top Investors’ Priorities

Financial professionals will be fielding lots of tax and estate planning questions this year. Find out more.

| BY Adriana Reyneri

Tax and estate planning are the issues most likely to prompt high net worth investors to reach out to their financial advisors, according to a February survey from Spectrem’s Millionaire Corner.

More than three-fourths of investors with a net worth of $5 million or more say changing tax laws would prompt them to contact their advisors and close to two-thirds would seek help with changing estate laws. A majority would also reach out in the event of extreme market volatility or a financial windfall.

Tax and estate planning concerns also rank higher among retired investors, senior corporate executives, investors who describe themselves as very knowledgeable, self-described conservative investors, and investors over the age of 60.

In comparison, younger and less affluent households – those with less than $100,000 in investable assets – would most likely reach out to their financial advisor if they were expecting a baby. More than two-thirds of investors ages 40 and younger, and close to 60 percent of the less affluent would seek financial advice in the event of the birth of a child.

The majority of younger investors would also contact an advisor in the case of a marriage or divorce, or for help with retirement planning or an inheritance.