Rates

View the Cash Sweep Options Disclosure Statement and Advisory/Wrap Agreement Amendments (PDF)

Sweep product comparison chart

Rates on this page:

• Client Interest Program^® (CIP)
• Money Market Funds
• Raymond James Bank, FSB / RJBDP

Client Interest Program^® (CIP)

To assist our clients in achieving a higher level of freedom and convenience with their investment transactions, the Client Interest Program can be used as a short-term depository for funds awaiting investment. While offering clients an attractive rate of interest on their available funds, CIP provides the assurance of knowing cash is protected up to $100,000 by the Securities Investor Protection Corporation (SIPC) in the event of the firm’s liquidation. Read more.

* Effective date: May 15, 2008. Rates subject to change without notice.

Each account custodied by Raymond James & Associates is protected for the net equity of the client’s securities and cash positions. The Securities Investor Protection Corporation (SIPC) provides $500,000 of net equity protection, including $100,000 for claims for cash awaiting reinvestment. Please visit www.sipc.org for more information about SIPC coverage. We then provide additional protection (excess SIPC) through Customer Asset Protection Company, a licensed Vermont insurer rated A+ by Standard & Poor’s. Account protection applies when a SIPC-member firm fails financially and is unable to meet obligations to securities clients, but it does not protect against market fluctuations.

Heritage Money Market Accounts

As another alternative for clients seeking to achieve income on cash balances while protecting principal, we offer the Heritage Cash Trust Money Market Fund and the Heritage Cash Trust Municipal Money Market Fund. While both funds offer check writing capabilities, free personal checks and no penalties for withdrawals, the Heritage Cash Trust Municipal Money Market Fund provides for earnings that are generally exempt from federal taxes. Before investing in either fund, please ask us for a prospectus containing more complete information on all fees and charges and read the prospectus carefully before investing or sending money. Read more.

An investment in the Heritage money market is neither guaranteed nor insured by the FDIC or any other government agency. Although the fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in the fund. Investors should carefully consider the investment objectives, risks, charges and expenses of the Heritage money market before investing. The prospectus contains this and other information about the Heritage money market. The prospectus is available from your financial advisor and should be read carefully before investing.

Raymond James Bank, FSB / RJBDP

Raymond James Bank, FSB* makes it possible to combine banking services with traditional securities and trust services, enabling you to take advantage of a broad range of financial support. All of your assets custodied at Raymond James can appear on one consolidated statement which will detail activity in all accounts each month. View additional Raymond James Bank rates.

The basis for ERISA and IRA sweeps calculations was changed to match the RJBDP rate in July 2006.

Rates effective May 15, 2008. Rates subject to change without notice.

*A.P.Y. - Annual Percentage Yield (includes daily compounding of interest) - rates should always be quoted as an A.P.Y.

Raymond James Bank deposits are insured by the FDIC up to $100,000 per depositor ($250,000 for IRAs and certain other retirement accounts).

Raymond James & Associates, Inc., and Raymond James Financial Services, Inc., are affiliated with Raymond James Bank, FSB, member FDIC, a federally chartered savings bank. Unless otherwise specified, products purchased from or held at Raymond James & Associates are not insured by the FDIC, are not deposits or other obligations of Raymond James Bank, are not guaranteed by Raymond James Bank and are subject to investment risks, including possible loss of the principal invested.