To keep your spare cash growing, consider placing it in a high-yield savings account or investing in securities with strong return potential. Letting your money sit idle is a missed opportunity to ...
A federal judge has ruled that customers of JPMorgan Chase and Co. may move forward with a proposed class action lawsuit alleging the bank paid unfairly low int ...
Liquid funds and sweep accounts are two popular investment options for those looking to park their short-term savings ...
When interest rates started to rise a couple of years ago, it was a bonanza for wealth management firms, which could make extra interest off client money parked in short-term overnight bank accounts.
Bank of America's Cash Sweep Program Attracts New Legal Fire in Class Action A New Jersey resident accused the bank of offering paltry interest rates on its "cash sweep" accounts. 3 minute read ...
To keep your spare cash growing, consider placing it in a high-yield savings account or investing in securities with strong return potential. Letting your money sit idle is a missed opportunity to ...
It will be a red flag for regulators if an advisor is charging a fee that is higher than what a client is earning in sweep accounts, Max Mejiborsky, VP of Compliance Services at COMPLY said.
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