Broker Check

Cash Sweep Program (Pershing)

Putting your money to work isn’t just about investing; it’s also about earning a return on cash that is waiting to be invested. That is why Advisor Group through its affiliated Broker Dealers offers clients a “Sweep Program” designed to enable you to earn a return on your cash. By participating in the Cash Sweep Program, your cash balances will be transferred into an account at a bank whose deposits are insured by the Federal Deposit Insurance Corporation (“FDIC”), or, for certain accounts, as described below, in a money market mutual fund.

Terms and Conditions

FDIC Insured Deposit Program - Rate Sheet

Bank List

Money Fund - Prospectus

Bank Deposit Sweep Program Fees