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:
Sept. 17, 2018

APY2
Effective:
Sept. 17, 2018
Rate
Effective:
Sept. 24, 2018
APY2
Effective:
Sept. 24, 2018
$0 - $4,999.99 0.13% 0.13% 0.13% 0.13%
$5,000 - $24,999.99 0.13% 0.13% 0.13% 0.13%
$25,000 - $49,999.99 0.13% 0.13% 0.13% 0.13%
$50,000 - $99,999.99 0.13% 0.13% 0.13% 0.13%
$100,000 - $249,999.99 0.14% 0.14% 0.14% 0.14%
$250,000 - $499,999.99 0.21% 0.21% 0.21% 0.21%
$500,000 - $999,999.99 0.24% 0.24% 0.24% 0.24%
$1,000,000 - 4,999,999.99 0.34% 0.34% 0.34% 0.34%
$5,000,000 + 0.44% 0.44% 0.44% 0.44%

Money Fund Sweep3

Rates as of Sept. 17, 2018

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 1.41%
Dreyfus Government Cash Management - Institutional Shares  1.85%

Dreyfus General Government Securities Dreyfus Class Fund Prospectus

Dreyfus Government Cash Management Institutional Shares Fund Prospectus

Ameriprise® Cash4

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:
Sept. 17, 2018

APY2
Effective:
Sept. 17, 2018 

Rate
Effective:
Sept. 24, 2018
APY2
Effective:
Sept. 24, 2018
All Balances 0.13% 0.13% 0.13% 0.13%