Asset Preservation Advisors Inc (Atlanta)

Name: Asset Preservation Advisors Inc
Address: 3344 Peachtree Road, Ne, Atlanta, GA, 30326
Telephone: 404-261-1333

Asset Preservation Advisors Inc is a large advisory firm based in Atlanta. It manages $3.71 billion of regulatory assets for 1,241 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 26 other states.

Asset Preservation Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Asset Preservation Advisors: assets under management

The assets under management (AUM) of Asset Preservation Advisors Inc is $3.71 billion. The firm's AUM has grown by 1416% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.71 billion in discretionary accounts and $197.67 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $197.67 thousand.

Asset Preservation Advisors has custody of $22.44 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in state and local bonds the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Asset Preservation Advisors Inc for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kenneth Rawls Woods serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Kenneth Rawls Woods is high net worth individuals with 627 clients and $2.57 billion of assets under management. Among the 9 most similar advisory firms, Asset Preservation Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $3.71 billion for 1,241 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Asset Preservation Advisors also advises several private funds. Namely, four other private funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Asset Preservation Advisors Inc

The company employs 17 people that are either part- or full-time employees. 59 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Kenneth Rawls Woods has been acting as President since 1 Aug 1989. Andrea Whitney Imeraj joined the executive team most recently as the Chief Compliance Officer & Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kenneth Ray Woods	Chairman & ceo	1 Aug 1989	25% - 50%	600268
Kenneth Rawls Woods	President	1 Aug 1989	75% - 100%	600268
Linda Robbins Strickland	Vice president	1 Jun 1996	Other	841909
Thomas Victor Zeuthen	Vice president	1 Jun 1998	Other	4352427
Matthew Thomas Woods	Shareholder	1 Jun 1998	Other	5110799
Kathryn Woods Zeuthen	Shareholder	1 Jun 1998	Other	5110802
Charles Ray Doty	President & coo	1 Sep 2002	50% - 75%	2520394
Kevin Burress Woods	Managing partner & chief investment officer	1 Aug 2003	Other	4740999
Andrea Whitney Imeraj	Chief compliance officer & vice president	1 Jul 2014	Other	5373732

Based in Atlanta

The principal office where Asset Preservation Advisors Inc performs its advisory services is located at 3344 Peachtree Road, Ne, Atlanta, GA 30326, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 404-261-1333 or by fax 866-562-1906. The normal business hours are 8:30 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at apabonds.com/ and its LinkedIn profile.