• How We Help Advisors Succeed

    Whether you’re a top-producing advisor or just starting
    to build a practice, we offer the support you need to scale
    and grow your business.
    Letter From The CEO

  • Investacorp Fast Facts

    Want to learn more about us?
    Get the facts on our company structure, products
    and services we offer and operational support.
    Investacorp Fast Facts

  • True Transitions Experts

    Whether you’re a top-producing advisor or just starting to
    build a practice, we offer the support you need to
    scale and grow your business.
    Transition

  • The Broker Dealer for Entrepreneurs.

    Join Now

Bank Deposit Sweep Program

Bank Deposit Sweep Program 2017-11-13T21:06:09+00:00

Bank Deposit Sweep Program

The Bank Deposit Sweep Program is a core account investment vehicle used to hold your cash balance while awaiting reinvestment. The cash balance in your Brokerage Account(s) will be automatically deposited or “swept” into an interest-bearing FDIC-insured Program deposit account. Greater safety on the cash in your investment account – is why Investacorp is offering the Bank Deposit Sweep Program, which provides up to $1.5 million maximum cumulative FDIC coverage and a competitive yield with deposits held at a network of multiple banks. Fee-based retirement accounts participate in a similar Advised Retirement Account – Bank Deposit Sweep Program. Funds will be swept into deposit accounts at a Program Bank up to a specific amount. Funds in excess of that amount are then swept into the next successive bank on the Program Bank List, and so forth.

Client FAQs
Client Bank List
Client Rate Chart
BDSP Disclosure Document