Cash Management Program
Our Cash Management Program connects your investment relationship with your day-to-day banking needs. With Cash Management, a broad array of valuable services are at your disposal – giving you a more comprehensive view of your assets and making your cash and everyday expenses work for you.
Cash Management Service Levels:
1If the aggregate value of your account and other accounts related to you that share the same address and are consolidated for statement mailing purposes is $250,000 or more, your cash balances may be invested in one of several taxable and tax-exempt money market mutual funds.
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. While some of the funds offered are tax exempt, these funds may invest in securities which produce income that is subject to the federal AMT and an investor should read the prospectus and consult with their tax advisor before investing.