Never underestimate the power of cold, hard cash, even in this modern "cashless" society. Cash assets are overlooked way too often in this industry, but with our strategic management you'll see opportunities for a better return and maximum protection of the principal.
So, how do we achieve this? We use our resources and standing to create a high-yield alternative to traditional banking relationships. What does that mean in English? Well, let's say you have over $250,000 in your account; you could be missing crucial FDIC insurance. But with our brokered CD ladders, you can expect more liquidity with even higher yields. In short, your cash works for you, and you get the benefit of an increase in yield and protection. Sound good? Then let's talk.
1. Information presented herein is accurate as of 12/02/24. Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. Advisory services are only offered to clients or prospective clients where Duncan Williams and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Duncan Williams unless a client service agreement is in place.
2. FDIC insurance – You are responsible for monitoring the total amount of deposits that you hold with one issuer in order for you to determine the extent of deposit insurance coverage available to you on your deposits.
If you or your business has excess cash on hand, you should put it to work. Our cash management strategy invests in highly liquid, short-term CDs that earn you some interest until you need to use your cash. Plus, we make sure that you retain FDIC insurance through our brokered CD ladders.
Cash management puts your money to work, even if it’s only for a short time. If you have over $250,000, our brokered CD ladders ensure your money is FDIC insured, where a savings account only insures the first $250,000.
FDIC (Federal Deposit Insurance Corporation) insurance is government-backed and applies to deposits of up to $250,000.
Cash management is perfect for nonprofits and other businesses with a lot of excess cash on hand. Cash management keeps your money safe until you need to use it.