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Articles tagged "StoneCastle"


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The Bank of Baroda is a source of high-yielding cash for Vanguard Group's new cash products in pilot.

Vanguard is now several months into beta plan to offer head-turning, high FDIC-insured yields and capacity after 2019 scrapping left it flat-footed against Schwab and Fidelity

The Malvern, Pa., giant copied a new business model -- and co-opted many regional partner banks -- to go 2%-plus as part of a rethink of its 2019 decision to forsake bank cash accounts for money market funds.

October 6, 2022 at 3:53 AM

Frank Bonanno: Cash as an asset class is back.

RIAs are drowning cash managers with 'silly' inflows as they line up for insured 3% yields -- the best port in the Federal Reserve's interest rate storm

The Fed's 'overarching focus' on killing inflation is giving life to StoneCastle, MaxMyInterest and Flourish Cash, which are built to do workarounds on FDIC limits at the best rates.

September 30, 2022 at 1:51 AM

Gary Zimmerman: The current crisis is a Goldilocks environment for Max.

Phones at RIA cash managers 'ring off the hook' amid yield crunch and MaxMyInterest pulls rabbit out of hat -- keeping rates on FDIC cash near pre-cut levels

Though StoneCastle, Flourish, and Galileo offer low rates, inflows soar higher because cash is king as Gary Zimmerman promises to keep Max soaring -- but B2C Wealthfront and Betterment banks? Not so much

April 3, 2020 at 11:20 PM

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