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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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March 31, 2015 Millionaire Fact of the Day

March 31, 2015 Fact of the Day:  Cash is king with Gen Xers



DID YOU KNOW THAT….Gen Xers are more likely to let cash remain in their deposit accounts than other High Net Worth households?








In fact, 17 percent of the portfolios of Gen Xers are in deposit accounts compared to only 12 percent of the portfolios of other wealthy households?  Why is this?  Well Gen Xers are primarily in their “crunch years”.  Tuition payments, mortgage payments and unanticipated expenses are common.  It makes sense that they feel the need to keep their assets in cash.

But are they allocating the rest of their assets as effectively as they should?  GenXers are in the prime years to speak to a financial planner to ensure that they are making the best financial decisions.

If you are a Gen Xer and think you need to reassess your situations….talk to our Best Advisors.