How you borrow and manage cash can be as important to the success of your wealth plan as having the appropriate investment strategy. That’s why we offer you a complete suite of cash management, banking and lending tools that give you the power to take advantage of your unique opportunities.
You can enjoy all the features and convenience of a bank with the personal service of someone you trust and who truly understands you and your financial objectives.
Convenient Cash Management
As your wealth grows, so does the time and responsibility required to manage it. We can provide the convenience of easy access to monitor all of your finances in one central, secure location. Our integrated cash management solution, Capital Access, is designed to help you simply and flexibly manage your immediate and long-term cash needs with a host of features and benefits, including the convenience of a Visa Platinum debit card, unlimited check writing and direct deposits, among others.
With access to your account through an online portal or mobile application, you’ll be able to easily monitor your financial information from any device 24 hours a day, seven days a week. With automatic ATM fee reimbursements, you can enjoy the access and freedom to use any bank’s ATM, saving you time – and money.1
We also offer concierge services that are available to assist you with setting up online bill pay so you can enjoy the convenience, safety and reliability of one time or recurring payments.
Smart Borrowing Options
How you borrow and manage cash can be as important to the success of your wealth plan as having the appropriate investment strategy. That’s why we offer clients a comprehensive suite of cash management and lending solutions to integrate their day-to-day needs with their long-term ambitions.
We’ll be by your side, working with your lending solutions consultant to identify borrowing options that will satisfy your lending needs and also complement your overall investment strategy.
Increase Your Buying Power
We understand opportunities knock when least expected. Depending on your situation, a Securities Based Line of Credit can be an ideal and flexible capital source that is easy to establish and maintain. A Margin loan offers another resourceful financing solution that is easy to set up, allowing you to determine your repayment schedule and the amounts all while leveraging your existing securities.
We can avoid disrupting your long-term plan by working with a lending solutions consultant to identify opportunities to borrow against existing assets in your Capital Management Group pledged accounts.
1Margin or a Securities Based Line of Credit may not be suitable for all clients. The proceeds from a Securities Based Line of Credit cannot be used to purchase or carry margin securities. Borrowing on securities based lending products and using securities as collateral may involve a high degree of risk including unintended tax consequences and the possible need to sell your holdings, which may lead to a significant impact on long-term investment goals. An investor can lose more funds than he or she deposited in the account. Market conditions can magnify any potential for loss. If the market turns against the client, he or she may be required to deposit additional securities and/or cash in the account(s) or pay down the loan. The securities in the pledged account(s) may be sold to meet the margin call, and the firm can sell the client’s securities without contacting them. An investor is not entitled to choose which securities or other assets in his or her account are liquidated or sold to meet a margin call. The firm can increase its maintenance margin requirements at any time and it not required to provide an investor advance written notice. An investor is not entitled to an extension of time on a margin call. The interest rates charged for a Securities Based Line of Credit are determined by the market value of pledged assets and the net value of the client’s Capital Access account. The interest rates charged for Margin are determined by the amount borrowed. For additional information on margin, visit http://sec.gov/investor/pubs/margin.htm.
Choose the Right Lending Program
The decision is as integral a part of the financial planning equation as investing. Through our SIPC insured custodian, Interactive Brokers, we offer several types of loans, each designed to work holistically with your financial plan. They can be used for a variety of objectives, such as growing your business, purchasing a luxury item or taking advantage of other investment opportunities.
- Securities lending*
- Other lending options
Other banking services include:
- Cash “sweep” to brokerage account
- Rewards program
- Online account access
- Check writing
- Overdraft protection
- Automatic payment/fund transfer
- Mastercard® debit card
* A securities based line of credit may not be suitable for all clients. Borrowing on securities based lending products and using securities as collateral may involve a high degree of risk. Market conditions can magnify any potential for loss. If the market turns against the client, he or she may be required to deposit additional securities and/or cash in the account(s) or pay down the loan. The securities in the pledged account(s) may be sold to meet the margin call, and the firm can sell the client’s securities without contacting them. The interest rates charged are determined by the market value of pledged assets and Capital Access.