Among Wealth Clients, CDs Have Their Limits
At their peak last summer, retail CDs accounted for nearly 30% of all wealth-deposits acquisition balances, thanks to offers on yields from many banks of over 500 bp.
READ TIME: 1 MIN
April 22, 2025
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WealthAnalyzer
Brokerage Cash Sweeps:
No Longer Just the Leftovers
The traditional rule-of-thumb has been that wealth clients hold 5-7% of their assets under management (AUM) in their cash sweeps account. This is the leftover uninvested cash that’s swept to a FDIC-insured bank deposits account overnight—generally enough to cover fees and trades.
READ TIME: 1 MIN
April 1, 2025
Curinos Review Spring 2025
Stubbornly high rates persist, home lending remains sluggish, and doubts linger about growing the asset side of the balance sheet. Still, Curinos believes the recent industry headwinds will soon be at our backs and now’s the time prepare for significant growth.
READ TIME: 4 MINS
March 17, 2025
Wealth Balances: The Higher You Climb,
the Harder You Fall?
Fed rate increases may have stalled in July 2023, but Wealth savings rates continued to climb throughout the flat-rate cycle.
READ TIME: 1 MIN
February 20, 2025
Wealth Deposits: A Return to Normalcy after a Whipsaw 2023
After 2023, a year plagued by significant runoff in Wealth deposits, 2024 has seen nominal growth of 2.45% through the end of September), versus -16.7% for the same period last year.
READ TIME: 2 MINS
November 12, 2024
Wealth Savings: A Cautionary Lesson From The Last Time Rates Fell
Hooray, the Fed is lowering rates, and anyone managing Wealth savings can breathe a sigh of relief, right? Not so fast. Let’s take a walk down memory lane to 2019. What happened then could be instructive.
READ TIME: 1 MIN
October 1, 2024
Sweeps Can No Longer
Be Swept Under The Rug
Cash sweeps are the portion of uninvested cash that is automatically transferred into what is intended to be a higher interest-earning FDIC-insured deposit account at the close of each business day.
READ TIME: 2 MINS
August 22, 2024
Exception Pricing: In Wealth, More The Rule Than The Exception
At some financial institutions, exception pricing is being used on up to 88% of wealth savings and money market savings accounts – and on up to 95% of the balances.
READ TIME: 1 MIN
July 25, 2024
Wealth: How To Prepare For A Digital-First Future
More than $80 trillion will pass to younger heirs in the next 20 years, leaving financial institutions with a steep learning curve on how best to serve them.
READ TIME: 5 MINS
June 27, 2024
