Community Investment — The full value of your money can support lending opportunities in your local community.2 CD - Level Rates — Your money earns CD - level returns which may compare favorably with other investment alternatives, including treasuries, corporate
sweep accounts, and money market funds.
It is offered as an alternative to
sweep accounts.
The sweep accounts are held in the name of Capital One Investing.
Most financial institutions specifically designate one or more money market funds to be used in - house as cash
sweep accounts.
We also have 2 brokerage accounts which have
sweep accounts that we can write checks on.
It is important to note that
sweep accounts are one of the most profitable products that investment firms offer.
Available services include wire transfers, Treasury
sweep accounts and foreign currency transactions.
(It is now paying the average for so - called bank
sweep accounts which is a nanoscopic 0.12 %!)
«But I threatened to switch banks if we couldn't get an automatic -
sweep account to make that process easier.»
The account is controlled by the asset - based lender that
sweeps this account daily and applies proceeds to your loan to keep the daily balance at its minimum.
If any current book delivering
a sweeping account of the Church stands a chance of reaching them, this one could be it, and for the same reason: civility.
The man reads from an old, faded notebook containing
the sweeping account of a young couple.
Hailed by National Geographic as one of the greatest adventure books of all time, West with the Night is
the sweeping account of a fearless and dedicated woman.
With a Vanguard brokerage account, you must have a money market account linked to the brokerage account; this is known as
a sweep account, since money is swept from or to the account when buying or selling ETFs (or other brokerage products such as stocks, bonds, or CDs).
To earn some interest with the cash outside of
a sweep account, you would have to invest in a money market fund.
If you trade on margin, the cash in
your sweep account will also be counted towards your margin requirement.
But my question is, is
the sweep account still considered part of my IRA?
You don't have a lot of options with
a sweep account — the goal is to not keep any money there.
From the information I have read on this site, it appears that the «
sweep account» that is currently part of my IRA should NOT have thousands of dollars in cash just sitting there.
Don't want to use
the sweep account?
At that time I had exactly $ 43,464.46 in
my sweep account.
The default
sweep account is invested in a money market fund.
When you place an order to sell a stock the proceeds are automatically deposited by your broker into
your sweep account.
The default
sweep account for my Vanguard account is the Vanguard Federal Money Market Fund (VMFXX).
Most brokers allow you quite a bit of flexibility in determining what
your sweep account is.
At some brokerages, they may sweep your money into what's called
a sweep account.
Also, sufficient monies to cover securities purchases in Capital One Investing customer Accounts are «swept» out of the appropriate
sweep account on settlement date.
Proportionate customer balances in
the sweep account selected by the customer are reported in individual Account balances and statements.
Due to the increasingly competitive industry environment, Futures Commission Merchants («FCMs») may seek to develop and offer to customers
sweep account programs to manage cash balances.
Review and, if appropriate, change your current
sweep account election by going to the Profile and Settings tab under Accounts, Overview on the Website.
You may choose at any time between an independently managed money market mutual fund
sweep account («Money Market Cash Balance») or an FDIC insured bank deposit
sweep account with Capital One, N.A. («FDIC Insured Cash Balance»).
Changes to
your sweep account election made before Noon Pacific Time on a regular business day are generally effective that day for purposes of starting or stopping FDIC coverage; changes at other times are generally effective the next business day for purposes of FDIC coverage.
I use their Complate Savings as
a sweep account linked to some other non-eTrade accounts and am ALWAYS moving money around.
You'd have an emergency fund in a savings account while perhaps simultaneously maintaining a cash position in a brokerage
sweep account as well, as part of your asset allocation.
Money market funds are typically used as the «
sweep account» for clearing brokerage transactions, and investors often keep cash proceeds in the fund on a temporary basis while looking for another investment.
This cash should be held in a money market, T - bills or your brokerage
sweep account.
This way we'll manage everything for you, make the monthly mutual fund and ETF switches, rebalance quarterly, set everything up so maximum retirement income goes into
your sweep account for you to spend, give you online access to your account, the usual statements, be able to talk with us, we'll perform your mundane customer service work just like any other money manager, maybe even see us in person if you are in CA and your account is big enough, and all of the usual DoL Fiduciary Rules compliant financial adviser stuff that everyone else does, so you don't have to do anything.
Here's an estimate of how these numbers work out: If you'd invested $ 100 one - year ago at the beginning of last month, and the total return was 20 % and the yield was 6.7 %, then now you'd have ~ $ 6.70 in cash to spend (in your money market / cash /
sweep account), and in addition to that, the fund would still be worth ~ $ 113.30 (because no shares needed to be sold to get the income yield).
As De Keyser's last works brood at the David Zwirner,
a sweeping account of modern painting from Chris Ofili's sexual fireworks to Lucian Freud's meaty closeups lights up London's White Cube
Briefing Paper No1 is
a sweeping account of the subject that strongly advances alternative «propositions.»
Not exact matches
Some
accounted for the Saudi crown prince's reformist agenda
sweeping through the historically conservative nation.
The story of another start - up also included in the July issue, JB
Sweeping in Houma, Louisiana, was told in the form of a first person
account.
The dispute began last year when the IRS issued a
sweeping summons for Coinbase to turn over a vast amount of customer data, including every customer
account as well as detailed transaction records.
Sullivan uses only two computer - based services — automatic payroll and a «
sweep»
account that invests excess funds in an interest - bearing
account at the end of each business day — and those services are better described as mid-tech than high - tech.
After waking up at 5 a.m. and starting his day with some kitesurfing or tennis playing, Virgin Group billionaire Richard Branson finishes up his morning with a major «social
sweep,» where he logs onto his Facebook, Twitter, LinkedIn and Instagram
accounts and catches up on news as well as addresses any messages and other activities.
There's no way that the investment community will
sweep half their
accounts out the door because they're no longer profitable.
The Cash Balance in the Fidelity Cash Management
Account is swept to an FDIC - insured interest - bearing account at a Progra
Account is
swept to an FDIC - insured interest - bearing
account at a Progra
account at a Program Bank.
Catalysed by courageous first person
accounts of sexual harassment and assault, Harvey Weinstein — one of the biggest executives in filmmaking — was forced from his place of power in Hollywood while a wave of empathy and solidarity with those who spoke out
swept across social media via the #MeToo campaign.
So, I
sweep it out of the bank
account and into regular index funds.»