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Stifel unveils deal betting on CD business
Wealth giant agrees to acquire platforms to future-proof its certificates of deposit offerings.
Advisers walk fine line when managing client cash
Staying ahead of inflation in a low-yield environment can mean taking on more risk with emergency cash positions. The shortest-term certificates of deposit are yielding less than 65 basis points.
Rising inflation? No problem for fans of emergency cash
Financial advisers continue to recommend hefty cash reserves yielding almost nothing and losing ground to inflation, under the premise that safety trumps yield.
