Cash Management Service
Our Cash Management Service is a bespoke offering designed to provide clients with proactive management for their cash investments. We aim to provide a potentially superior rate of return across a diversified array of banking institutions with a much reduced administration burden.
We view cash as an independent asset class and after discussing the Charity's overall investment criteria, including risk, duration and target interest rate, we will create a personalised and flexible solution to the cash investments.
The cash will be proactively managed to provide an enhanced rate of return using a diversified range of banking institutions. Improved interest rates may be paid, by virtue of our strong relationships and buying power. This efficient service, all from one account, negates the need for due diligence to be completed at each institution and thus offers considerable administration savings.
In placing deposits across multiple banks, charities have the comfort of a fully diversified portfolio which also substantially reduces the administrative burden on Trustees. As an independent firm, Collins Stewart Wealth Management is able to review all banks with an unbiased approach and provide independent and impartial advice as required.
This flexible service is tailored to a charity's requirements and would ensure the cash element of the total investment portfolio is being managed effectively and generating a good return, whilst ensuring sufficient liquidity is maintained to meet any required income distributions.
The benefits of the Cash Management Service are:
- Cash deposits placed across a range of institutions
- Reduced costs
- Access to the expertise of experienced treasury personnel
- A fully bespoke service
- Ease of administration
- Potential for improved rates of interest