Trust/Wealth Management Solutions
The appeal and demand for FDIC insurance has grown exponentially over the past several years and is expected to continue for many years to come. Fortunately for trust/wealth managers, this demand has been the foundation for programs that bolster profitability, improve product competitiveness, and reinvent the cash management function for their banks and clients.
Reich & Tang has developed the most comprehensive, yet easy to implement programs that meet the growing needs of trust/wealth managers.
Wealth ManagersDemand Deposit MarketplaceSM (DDM) Program/IDEA Account
- FDIC insured alternative to money market mutual funds
- Highly competitive yield
- Stable, reliable source of deposits for the bank
- Fully integrated with most major Trust Accounting Systems
- Daily liquidity with late cutoff times