Wealth Accumulation & Preservation, Inc.

Wealth Accumulation & Preservation, Inc. is a small, two-advisor investment advisory firm that provides discretionary asset management and financial planning to individuals, high-net-worth individuals, and state or municipal government entities. It offers ongoing portfolio management, retirement and cash flow planning, and consultative financial planning delivered via asset-management agreements and separate hourly or fixed-fee planning engagements.

The firm documents client objectives and risk tolerance in an investment policy statement and typically manages accounts on a discretionary basis, using a mix of fundamental, technical and cyclical analysis to guide security selection and asset allocation. Accounts are reviewed at least quarterly and custodians deliver account statements directly to clients; financial plans are completed and delivered within stated timeframes when engaged.

What is distinctive about the firm is its work with state and municipal government clients, a client type that is uncommon among peers, and the principal’s parallel activity as a licensed insurance agent affiliated with insurance-selling entities. Although the advisory entity states it does not itself sell commissioned products, the brochure discloses that the affiliated insurance business generates substantial commission income, and the firm notes this potential conflict is managed through fiduciary obligations and by allowing clients to obtain products elsewhere.