---
title: Should we invest our HOA reserves with a money manager?
description: We are establishing RESERVE FUNDS for our condo association in the State of Pennsylvania. The board has hired a financial advisor to invest our funds
---

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# [Should we invest our HOA reserves with a money manager?](https://www.condoassociation.com/blog/should-we-invest-our-hoa-reserves-with-a-money-manager)

 Written by [CondoAssociation.com](https://www.condoassociation.com/blog/author/condoassociationcom) | Mon, Apr 3, 2017 @ 11:02 AM

We are in the process of establishing a policy for in vesting reserve funds for our condo association in the State of Pennsylvania. The board has hired a financial adviser to invest our funds in a 40%-60% Equity-Bond Fund split. Is this advisable or is it safe to just use Certificates of Deposit? Our first major expenditure will be in 10-15 years for roofing.

[View full post](https://www.condoassociation.com/blog/should-we-invest-our-hoa-reserves-with-a-money-manager)

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