Brokerage sweep and rates

Keep your cash accessible and working for you.

An important part of your financial plan is having enough cash reserves to meet day-to-day needs while being prepared for the unexpected. Ameriprise Financial offers several cash solutions that offer you easy access and the opportunity to earn interest or dividends on uninvested cash.

Ameriprise® Insured Money Market Account (AIMMA)1

AIMMA is an FDIC-insured, interest bearing bank deposit arrangement available in Ameriprise brokerage accounts that provides liquidity and cash you can use for everyday transactions. With AIMMA as your sweep option, uninvested cash in your brokerage account is deposited at one or more banks to offer enhanced FDIC coverage–up to $2.5 million in FDIC insurance coverage per depositor.

View a list of banks where AIMMA assets will be placed.

AIMMA Rates

Cash Balance

Rate
Effective:
April 24, 2017

APY2
Effective:
April 24, 2017
Rate
Effective:
May 1, 2017
APY2
Effective:
May 1, 2017
$0 - $4,999.99 0.01% 0.01% 0.01% 0.01%
$5,000 - $24,999.99 0.01% 0.01% 0.01% 0.01%
$25,000 - $49,999.99 0.01% 0.01% 0.01% 0.01%
$50,000 - $99,999.99 0.01% 0.01% 0.01% 0.01%
$100,000 + 0.01% 0.01% 0.01% 0.01%

Money Fund Sweep3

Rates as of: April 24, 2017

An alternative cash sweep option are money market mutual funds provided by Dreyfus. These funds normally invest in a diversified portfolio of high-quality, short-term, dollar-denominated debt securities. A money market fund’s goal is the preservation of capital.

All Balances 7 day Yield
Dreyfus General Government Securities Money Market Fund - Dreyfus Class 0.24%
Dreyfus Government Cash Management - Institutional Shares  0.68%

An investment in money market funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to maintain the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

Investment products, including shares of mutual funds, are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.

Dreyfus General Government Securities Dreyfus Class Fund Prospectus

Dreyfus Government Cash Management Institutional Shares Fund Prospectus

Ameriprise® Cash

Ameriprise Cash is a brokerage sweep option for your uninvested cash balances. The cash in your brokerage account is held by American Enterprise Investment Services, Inc., an affiliate clearing broker of Ameriprise Financial Services, Inc., and is covered by the Securities Investor Protection Corporation (SIPC).

Cash Balance Rate
Effective:
April 24, 2017

APY2
Effective:
April 24, 2017

Rate
Effective:
May 1, 2017 
APY2
Effective:
May 1, 2017
All Balances 0.01% 0.01% 0.01% 0.01%