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Cash Management Services

Your clients will appreciate having full choice when it comes to cash management. When you affiliate with Raymond James, you will have access to taxable and tax-exempt alternatives featuring highly competitive rates of return, daily sweeps to and from brokerage accounts, check writing and more.

Ready Access Account

The Ready Access Account can be combined with most of our investment accounts and provides a margin line of credit that allows clients to borrow against the collateral of eligible securities at competitive interest rates. Cash is available on demand, usually within 24 hours.*

Heritage Cash Trust Account

Available to anyone with a minimum account size of $1,000, this “no-frills” account offers basic check writing privileges. The Heritage Cash Trust Account offers free check writing (minimum $100 check) against a taxable or tax-exempt money market fund. Daily sweeps to zero are performed, enabling your clients to maximize their earnings.

Elite Investment Account

While our regular investment accounts can meet the needs of many clients, our Elite Investment Account is for the upscale client who wants it all. The Elite account includes a VISA® Platinum debit card with check writing privileges, as well as:

  • Taxable and tax-exempt money market funds;
  • Daily sweeps;
  • Consolidated monthly statements, including cost basis;
  • Annual summary statements;
  • 24-hour worldwide access to cash;
  • Stock dividend reinvestment in stocks at no additional charge;
  • Free account inquiry via the Internet;
  • Cash advances at low margin interest rates; and
  • A flexible income and expense coding system.

The Elite Investment Account is free for clients with household account relationships totaling $250,000 or more. These clients also receive quarterly performance reporting free of charge. The Elite can also be linked to Passport fee-based accounts when a fee relationship better suits the client.

*The Ready Access Account is a margin account that is not suitable for all investors and has certain risks and restrictions. Margin accounts should be used prudently. Your clients should
read the New Account Form and Client Account Agreement carefully before signing.
 
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