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Flourish Cash increases FDIC coverage, interest rate to meet advisor demand
Independent advisors can use Flourish to offer clients 5% APY on cash and up to $10 million in FDIC insurance.
Bank failures spotlight cash management platforms
Financial advisors look for creative ways to keep client cash accounts from going over the $250,000 limit on FDIC coverage.
Higher yields on cash give advisers another asset allocation tool
The Federal Reserve's fight against inflation has turned boring cash accounts into top performers.
