diff --git a/apps/server/src/app/__tests__/insights.integration.spec.ts b/apps/server/src/app/__tests__/insights.integration.spec.ts
index fe32ffef..029aa73f 100644
--- a/apps/server/src/app/__tests__/insights.integration.spec.ts
+++ b/apps/server/src/app/__tests__/insights.integration.spec.ts
@@ -1,5 +1,5 @@
 import type { User } from '@prisma/client'
-import { InvestmentTransactionCategory, Prisma, PrismaClient } from '@prisma/client'
+import { AssetClass, InvestmentTransactionCategory, Prisma, PrismaClient } from '@prisma/client'
 import { createLogger, transports } from 'winston'
 import { DateTime } from 'luxon'
 import type {
@@ -202,19 +202,25 @@ describe('insight service', () => {
                     holdings: {
                         create: [
                             {
-                                security: { create: { symbol: 'AAPL', plaidType: 'equity' } },
+                                security: {
+                                    create: { symbol: 'AAPL', assetClass: AssetClass.stocks },
+                                },
                                 quantity: 1,
                                 costBasisUser: 100,
                                 value: 200,
                             },
                             {
-                                security: { create: { symbol: 'NFLX', plaidType: 'equity' } },
+                                security: {
+                                    create: { symbol: 'NFLX', assetClass: AssetClass.stocks },
+                                },
                                 quantity: 10,
                                 costBasisUser: 200,
                                 value: 300,
                             },
                             {
-                                security: { create: { symbol: 'SHOP', plaidType: 'equity' } },
+                                security: {
+                                    create: { symbol: 'SHOP', assetClass: AssetClass.stocks },
+                                },
                                 quantity: 2,
                                 costBasisUser: 100,
                                 value: 50,
diff --git a/libs/server/features/src/account/insight.service.ts b/libs/server/features/src/account/insight.service.ts
index bfe44d9d..116e588e 100644
--- a/libs/server/features/src/account/insight.service.ts
+++ b/libs/server/features/src/account/insight.service.ts
@@ -641,14 +641,7 @@ export class InsightService implements IInsightService {
             INNER JOIN (
               SELECT
                 id,
-                CASE
-                  -- plaid
-                  WHEN plaid_type IN ('equity', 'etf', 'mutual fund', 'derivative') THEN 'stocks'
-                  WHEN plaid_type IN ('fixed income') THEN 'fixed_income'
-                  WHEN plaid_type IN ('cash', 'loan') THEN 'cash'
-                  WHEN plaid_type IN ('cryptocurrency') THEN 'crypto'
-                  ELSE 'other'
-                END AS "asset_class"
+                asset_class
               FROM
                 "security"
             ) s ON s.id = h.security_id
@@ -694,14 +687,7 @@ export class InsightService implements IInsightService {
               INNER JOIN security s ON s.id = h.security_id
               LEFT JOIN LATERAL (
                 SELECT
-                  CASE
-                    -- plaid
-                    WHEN s.plaid_type IN ('equity', 'etf', 'mutual fund', 'derivative') THEN 'stocks'
-                    WHEN s.plaid_type IN ('fixed income') THEN 'fixed_income'
-                    WHEN s.plaid_type IN ('cash', 'loan') THEN 'cash'
-                    WHEN s.plaid_type IN ('cryptocurrency') THEN 'crypto'
-                    ELSE 'other'
-                  END AS "category"
+                  asset_class AS "category"
               ) x ON TRUE
             WHERE
               h.account_id IN ${accountIds}
@@ -828,28 +814,21 @@ export class InsightService implements IInsightService {
             UNION ALL
             -- investment accounts
             SELECT
-              s.asset_type,
+              s.asset_class AS "asset_type",
               SUM(h.value) AS "amount"
             FROM
               holdings_enriched h
               INNER JOIN (
                 SELECT
                   id,
-                  CASE
-                    -- plaid
-                    WHEN plaid_type IN ('equity', 'etf', 'mutual fund', 'derivative') THEN 'stocks'
-                    WHEN plaid_type IN ('fixed income') THEN 'bonds'
-                    WHEN plaid_type IN ('cash', 'loan') THEN 'cash'
-                    WHEN plaid_type IN ('cryptocurrency') THEN 'crypto'
-                    ELSE 'other'
-                  END AS "asset_type"
+                  asset_class
                 FROM
                   "security"
               ) s ON s.id = h.security_id
             WHERE
               h.account_id IN ${pAccountIds}
             GROUP BY
-              s.asset_type
+              s.asset_class
           ) x
           GROUP BY
             1
diff --git a/libs/server/features/src/plan/plan.service.ts b/libs/server/features/src/plan/plan.service.ts
index b8fa4aca..9e0ba7a7 100644
--- a/libs/server/features/src/plan/plan.service.ts
+++ b/libs/server/features/src/plan/plan.service.ts
@@ -33,7 +33,7 @@ const PROJECTION_ASSET_PARAMS: {
     [type in SharedType.ProjectionAssetType]: [mean: Decimal.Value, stddev: Decimal.Value]
 } = {
     stocks: ['0.05', '0.186'],
-    bonds: ['0.02', '0.052'],
+    fixed_income: ['0.02', '0.052'],
     cash: ['-0.02', '0.05'],
     crypto: ['1.0', '1.0'],
     property: ['0.1', '0.2'],
diff --git a/libs/shared/src/types/plan-types.ts b/libs/shared/src/types/plan-types.ts
index 9b0f8d9c..97b46e5a 100644
--- a/libs/shared/src/types/plan-types.ts
+++ b/libs/shared/src/types/plan-types.ts
@@ -56,7 +56,13 @@ export type PlanProjectionResponse = {
     }[]
 }
 
-export type ProjectionAssetType = 'stocks' | 'bonds' | 'cash' | 'crypto' | 'property' | 'other'
+export type ProjectionAssetType =
+    | 'stocks'
+    | 'fixed_income'
+    | 'cash'
+    | 'crypto'
+    | 'property'
+    | 'other'
 export type ProjectionLiabilityType = 'credit' | 'loan' | 'other'
 
 export type PlanInsights = {
diff --git a/prisma/migrations/20240121003016_add_asset_class_to_security/migration.sql b/prisma/migrations/20240121003016_add_asset_class_to_security/migration.sql
new file mode 100644
index 00000000..23534f6f
--- /dev/null
+++ b/prisma/migrations/20240121003016_add_asset_class_to_security/migration.sql
@@ -0,0 +1,6 @@
+-- CreateEnum
+CREATE TYPE "AssetClass" AS ENUM ('cash', 'crypto', 'fixed_income', 'stocks', 'other');
+
+-- AlterTable
+ALTER TABLE "security"
+  ADD COLUMN "asset_class" "AssetClass" NOT NULL DEFAULT 'other';
diff --git a/prisma/schema.prisma b/prisma/schema.prisma
index 349852d3..d6b31524 100644
--- a/prisma/schema.prisma
+++ b/prisma/schema.prisma
@@ -248,6 +248,14 @@ enum SecurityProvider {
   other
 }
 
+enum AssetClass {
+  cash
+  crypto
+  fixed_income
+  stocks
+  other
+}
+
 model Security {
   id                  Int               @id @default(autoincrement())
   createdAt           DateTime          @default(now()) @map("created_at") @db.Timestamptz(6)
@@ -264,6 +272,7 @@ model Security {
   exchangeMic         String?           @map("exchange_mic")
   exchangeName        String?           @map("exchange_name")
   providerName        SecurityProvider? @default(other) @map("provider_name")
+  assetClass          AssetClass        @default(other) @map("asset_class")
 
   // plaid data
   plaidSecurityId       String?  @unique @map("plaid_security_id")