Cash Management Program

Baird's Cash Management ProgramOffering convenience and simplicity in one easy-to-use account

Cash Management connects your long-term investment relationship with your day-to-day banking needs.

 

Key Benefits for You

  • Convenient access to your cash balance through a Platinum MasterCard® debit card and checks, with free check orders plus check expense tracking to help with budgeting and planning.
  • A direct deposit option allows you to easily deposit payroll, Social Security, pension and other recurring payments into your Cash Management account.
  • eBill Management allows you to receive, review, track, pay and organize all your bills online.
  • A robust award points program that rewards spending.1 Access and redeem award points through Baird OnLine for travel, gift cards and merchandise.
  • Personal concierge services can assist 24/7 worldwide with travel planning, dining reservations, shopping, tickets, access to events, help with household services and more.
  • An automatic sweep of cash balances into an FDIC-insured money market account or, if eligible, one of several taxable and tax-exempt money market mutual funds.

Benefits are offered at three levels, based on household assets at Baird: Cash Management Standard, Cash Management Select and Cash Management Premier.

Asset Protection

  • Assets in money market mutual funds are protected by the Securities Investor Protection Corporation. If a SIPC member firm fails financially, SIPC covers most investments up to a value of $500,000, including $250,000 in cash. SIPC does not protect against losses due to market fluctuations.
  • Baird clients are further protected by a policy in excess of SIPC coverage through Lloyd’s of London that provides additional coverage beyond the $500,000 SIPC limit.
  • Investments in the FDIC-insured money market account are protected up to $250,000 per depositor ($500,000 for a joint account owned by two individuals).
  Cash Management
Standard
Cash Management
Select
Cash Management Premier
  Household Assets
With Baird
Household Assets
With Baird
Household Assets
With Baird
  <$250,000 $250,000 – <$2,000,000  ≥$2,000,000
Minimum Balance $25,000 in cash and/or securities $25,000 in cash and/or securities $25,000 in cash and/or securities
Cash Sweep Weekly, into an insured, interest-bearing bank deposit account Daily, into an insured, interestbearing bank deposit account and/or taxable and tax-exempt money market mutual funds Daily, into an insured, interestbearing bank deposit account and/or taxable and tax-exempt money market mutual funds
Annual Fee $125 Complimentary Complimentary
Awards Points1 • Award points earned for spending
• 75,000 annual cap
• Four-year expiration
• Award points earned for spending
• 150,000 annual cap
• Four-year expiration
• Award points earned for spending and saving
• 250,000 annual cap
• Four-year expiration
Debit Card • Platinum MasterCard® with a purchase limit of $9,999/day
• 24/7 fraud protection
• Baird pays cross-border transaction fees
• ATM access through MasterCard® networks with a withdrawal limit of $500/day
• Platinum MasterCard® with a purchase limit of $9,999/day
• 24/7 fraud protection
• Baird pays cross-border transaction fees
• ATM access through MasterCard® networks with a withdrawal limit of $500/day
• Platinum MasterCard® with higher purchase limit of $25,000/day
• 24/7 fraud protection
• Baird pays cross-border transaction fees
• ATM access through MasterCard® networks with higher ATM withdrawal limit of $1,500/day2
ATM Fee Rebates Not available Rebates for up to 60 ATM transaction fees/year3 Rebates for ATM transaction fees3
Checking • Expense monitoring
• Free checks, 120/order
• Expense monitoring
• Free checks, 120/order
• Expense monitoring
• Free checks, 120/order
eBill Available with $50 annual fee Included – 2,500 bonus award points upon activation2 Included – 2,500 bonus award points upon activation1
Direct Deposit Available Included – 2,500 bonus award points upon activation1 Included – 2,500 bonus award points upon activation1
Concierge Service Included Included Included

 

To learn more about the Cash Management Program, please contact your Baird Financial Advisor. For specific questions about your Cash Management account, call 888-792-7526.

You should consider the investment objectives, risks, charges and expenses of each money market fund carefully before investing. This and other information is found in the applicable prospectus for the money market fund. Contact your Baird Financial Advisor for a prospectus. Please read the prospectus carefully before investing.

Money market funds are managed to maintain a stable $1 share price. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in the fund.

1Participation is restricted to individuals who are U.S. account holders. Corporations, trusts, partnerships and similar accounts are ineligible. However, living trusts are eligible to receive awards points provided the tax I.D. and Social Security number are the same. Please see the complete Award Point Program Rules.

2Subject to the limits of a particular ATM (you may not be able to withdraw the full amount from one machine).

3$10 rebate limit per transaction. Applies to U.S. transactions only.