Asset Preservation Advisors
Asset Preservation Advisors is a privately-held, Atlanta-based Registered Investment Advisor founded in 1989 that specializes in managing tax-exempt and taxable municipal bond portfolios on a sub-advisory basis for RIAs, family wealth offices, and institutional clients, with $11.4B AUM as of March 2026.
- Company typePrivate
- Founded1989
- HeadquartersAtlanta, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Asset Preservation Advisors does
Asset Preservation Advisors (APA) is a privately-held Registered Investment Advisor founded in 1989 and headquartered in Atlanta, Georgia. The firm specializes exclusively in managing high-quality tax-exempt and taxable municipal bond portfolios on a sub-advisory basis for other Registered Investment Advisors, family wealth offices, and institutional clients. APA reports $11.4 billion in assets under management as of March 31, 2026, and employs 27 dedicated professionals whose Investment Committee averages 25+ years of municipal bond experience.
The firm's core technology is a proprietary municipal bond credit analysis and issuer evaluation methodology, combined with a bond-by-bond portfolio construction approach designed to meet specific client goals and risk tolerances. APA maintains relationships with over 100 broker-dealers, which the firm states provides access to a diverse range of issuers, regions, credit ratings, and bond structures across the U.S. municipal market. The firm publishes thought leadership content through a blog, insights section, and newsletter, and has been quoted in tier-one financial media including Barron's, Bloomberg, Wall Street Journal, and CityWire.
APA operates a pure asset management business model, earning recurring AUM-based investment advisory fees from institutional clients and wealth management intermediaries. Fee schedules are not publicly disclosed and are negotiated on a client-by-client basis. As a sub-advisor, APA does not contract directly with end investors; instead, it serves as a specialized portfolio management partner to wealth management intermediaries that retain primary client relationships. The firm has maintained a single-asset-class focus (municipal bonds) for over three decades with no documented M&A, funding events, or ownership changes.
Asset Preservation Advisors firmographics
Firmographics- Name
- Asset Preservation Advisors
- Legal name
- Asset Preservation Advisors
- Website
- https://assetpreservationadvisors.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Asset Preservation Advisors is a privately-held, Atlanta-based Registered Investment Advisor founded in 1989 that specializes in managing tax-exempt and taxable municipal bond portfolios on a sub-advisory basis for RIAs, family wealth offices, and institutional clients, with $11.4B AUM as of March 2026.
- Ownership category
- akta.pro rank
Asset Preservation Advisors industry classification
Industry- Product category
- Municipal Bond Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)
- akta.pro secondary industries
- Tax-Focused Wealth Management RIAs (FSAAACAD), Investment Management Advisory (RIA) (FSAEAAAB)
Keywords
Where Asset Preservation Advisors is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Asset Preservation Advisors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Investment Management Fees: AUM-based investment advisory fees charged to institutional clients, RIAs, and family wealth offices for managing municipal bond portfolios. Registered Investment Advisor compensation structure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Institutional/advisory fee schedule |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Asset Preservation Advisors product offering
Product offeringCore offering
Asset Preservation Advisors is an independent Registered Investment Advisor that manages high-quality tax-exempt and taxable municipal bond portfolios as a sub-advisor to RIAs, family wealth offices, and institutional clients. The firm constructs customized separate accounts emphasizing principal preservation, credit quality, and yield optimization, supported by 100+ broker-dealer relationships and an experienced Investment Committee. Total assets under management stand at $11.4 billion as of 03/31/2026.
Product overview
Asset Preservation Advisors (APA) is a registered investment advisor founded in 1989, specialized in managing high-quality tax-exempt and taxable municipal bond portfolios for registered investment advisors, family wealth offices, and institutional clients. The firm operates as a single-service investment management company offering municipal bond portfolio management, with approximately $11.4 billion in assets under management as of March 31, 2026, managed by a team of 27+ professionals with an average of 25+ years of experience.
Differentiator
Problem solved
Functional benefit
Products and services
- Tax-Exempt Municipal Bond Portfolio Management
- Taxable Municipal Bond Portfolio Management
- Sub-Advisory Services for RIAs
Quantifiable outcome
- $11.4B AUM demonstrates institutional-scale portfolio management capability
Companies that use Asset Preservation Advisors
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Asset Preservation Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Asset Preservation Advisors partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Broker-Dealer Network (100+)coreOver 100 broker-dealer relationships providing exceptional access to municipal bond issuers across diverse regions, credit ratings, and bond structures. This network positions APA as an industry leader offering investment opportunities catered to specific preferences and risk tolerances.
Scale indicators3 records
Recent moves5 records
Expansion highlights3 records
Asset Preservation Advisors competitors and assessment
Company assessmentBroad incumbents
- Nuveen: One of the largest municipal bond asset managers globally, part of TIAA, with deep muni expertise and a broad fixed income platform. Overlaps with APA across muni sub-advisory and institutional RIA distribution, but at materially greater scale and product breadth.
- Western Asset Management: Major global fixed income manager with a longstanding municipal bond capability serving institutional and intermediary clients. Competes with APA for muni sub-advisory mandates but offers a much broader fixed income product suite.
- Vanguard: Major passive and active fixed income manager with extensive municipal bond fund and ETF offerings distributed through RIAs and direct channels. Competes with APA for muni allocation, particularly via low-cost index and active funds.
- BlackRock: Largest global asset manager with significant municipal bond AUM and a deep RIA/intermediary platform. Competes with APA across institutional and wealth channels and exerts fee pressure on specialist muni sub-advisors.
Direct peers
- E.J. De La Rosa & Co. Specialist municipal bond investment advisor focused on institutional and individual investors, with credit research and active management. Directly comparable to APA in muni-only mandate, credit-driven approach, and tax-exempt income focus.
- Capital Advisors Group: Independent fixed income specialist with municipal bond and taxable fixed income offerings to institutional and wealth clients. Comparable to APA in custom SMA, sub-advisory model, and credit-driven muni approach.
- Signal Capital Management: Independent municipal bond investment advisor offering sub-advisory and SMA services to wealth managers and institutions. Closely matches APA's sub-advisory RIA channel and bond-by-bond portfolio construction philosophy.
- Breckinridge Capital Advisors: Independent, employee-owned investment manager specializing exclusively in municipal bond fixed income for institutional, RIA, and wealth management clients. Highly comparable to APA in specialization, sub-advisory distribution, and focus on tax-exempt income.
- Cumberland Advisors: Independent RIA specializing in municipal bond management and fixed income strategies, with a sub-advisory model serving RIAs and wealth advisors. Comparable to APA in muni specialization, sub-advisory distribution, and tax-aware fixed income positioning.
Emerging players
- FMSbonds: Municipal bond broker-dealer and investment manager focused on institutional and advisor-sourced muni allocations. Adjacent to APA in muni specialization and dealer network, though more broker-dealer than pure RIA sub-advisor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Asset Preservation Advisors social profiles
Digital presenceAsset Preservation Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Asset Preservation Advisors leadership team
Management profileNumber of profiles
Profiles1 record
Asset Preservation Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Asset Preservation Advisors M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Asset Preservation Advisors
What does Asset Preservation Advisors do?
Asset Preservation Advisors is an independent Registered Investment Advisor that manages high-quality tax-exempt and taxable municipal bond portfolios as a sub-advisor to RIAs, family wealth offices, and institutional clients. The firm constructs customized separate accounts emphasizing principal preservation, credit quality, and yield optimization, supported by 100+ broker-dealer relationships and an experienced Investment Committee. Total assets under management stand at $11.4 billion as of 03/31/2026.
Is Asset Preservation Advisors a public or private company?
Asset Preservation Advisors is a private company. It is classified as unknown and is currently operating.
When was Asset Preservation Advisors founded?
Asset Preservation Advisors was founded in 1989. It employs 11 to 50 people.
Where is Asset Preservation Advisors based?
Asset Preservation Advisors is headquartered in Atlanta, United States, in the North America region.
How does Asset Preservation Advisors make money?
One revenue line is on record: investment Management Fees.
Who are Asset Preservation Advisors's main competitors?
Broad incumbents on record are Nuveen, Western Asset Management, Vanguard and BlackRock. Direct peers are E.J. De La Rosa & Co., Capital Advisors Group, Signal Capital Management, Breckinridge Capital Advisors and Cumberland Advisors. FMSbonds is listed as an emerging player.
Does Asset Preservation Advisors have an API?
No public API is recorded for Asset Preservation Advisors.
What industry is Asset Preservation Advisors in?
Asset Preservation Advisors's product category is Municipal Bond Investment Management. Its primary akta.pro industry code is FSAAACAC, Portfolio Management–Led RIAs (Discretionary/Model-Based), with a secondary code of FSAAACAD, Tax-Focused Wealth Management RIAs. Its NAICS code is 523940 and its SIC code is 6282.