Cash management services

Private Client Cash Solutions

Your clients will appreciate having flexibility and choice when it comes to managing their daily finances as it can be as important a part of your long-term financial plan as making the right investment choices. Raymond James offers a complete cash management solution, with online access to all of your clients’ accounts through Capital Access, credit cards, and a cash sweeps program to diversify their cash in the same manner as their investments. There are also premium features for your most valuable relationships, and a world-class client services team to assist both you and your clients.

Capital Access

Capital Access, Raymond James’ easy-to-use cash-management program, provides a comprehensive solution for your clients to handle and consolidate their day-to-day finances. In addition to online access to their account, a dedicated support team is always available to answer any questions.

Capital Access opens the door to a host of privileges including:

  • Unlimited check writing with no minimums and free check orders and reorders
  • Competitive interest rates
  • Enhanced online bill payment with automated payment functionality
  • Overdraft protection through Margin
  • Visa® Platinum debit card
  • Mobile Check Deposit
  • Apple Pay, Samsung Pay, Android Pay
  • Real-time debit card text alerts
  • ATM fee reimbursements
  • Industry-leading fraud protection services
  • No minimum for opening or maintaining an account
  • World-class client service team

Capital Access is free for clients with household account relationships totaling $500,000 or more in market value, clients who make an average monthly direct deposit of $1,000, and clients with eligible fee-based accounts. Capital Access accounts are $150 per year for all other clients.

Raymond James Credit Card

Another component of Raymond James cash management is the Raymond James Credit Card suite. Rounding out the full suite of cash management tools, credit cards help to strengthen the role of Raymond James financial advisors and provide their clients with valuable credit card rewards programs.

Integrated through Capital Access and Investor Access. Raymond James Credit Card program includes unique cards for various client needs. All cards come with an EMV chip, zero liability fraud protects, and are mobile pay enabled.

Cash Sweeps

Cash is an important part of every financial plan, but there is no reason why it should sit idle when it can earn income. Our cash sweep programs help you diversify your clients’ cash the same way you help diversify their investments. That way, their cash can continue working toward their long-term financial goals while remaining accessible for their near-term needs.

We offer four types of sweep programs for your clients to choose from, including money market funds; the Client Interest Program (CIP) that pays interest on cash awaiting investment; Raymond James Bank Deposit Program (RJBDP), and soon, The International Bank Deposit Program (non-FDIC). The money market funds and CIP both offer SIPC and excess SIPC protection. The Bank Deposit Program “sweeps” cash into numerous deposit accounts at banks, providing for up to $2.5 million for an individual account holder (up to $5 million for joint accounts) in FDIC deposit insurance – 10 times the standard limit.