Advisor Flipbooks

Cash Access Account SEI's Cash Access Account (CAA) is a cash management program linked to your client's SEI account that offers so much: › › A checking account with all the benefits of a premium bank account, plus access for your client to their portfolio › › A multi-functional line of credit that uses your client's portfolio as collateral, letting your client use the value in his/her equities without resorting to credit cards or other lending options › › Or BOTH The components of this flexible program are the result of a unique collaboration between SEI and The Bancorp Bank to provide better tools to manage money. If your client is thinking of opening a checking account or line of credit anywhere, read on to see how the SEI CAA provides these services seamlessly. One Program. Many Advantages. Client Options CAA Checking Account Now you can offer a convenient checking account linked to your client's SEI funds for check writing, ATM access, debit card usage, funds transfers, online bill payment and more. Advantages include: › › Built-in overdraft protection for checks and Bill Pay via the linked SEI account › › Monthly sweeps in and out of the account based on your client's balance elections › › ATM access with VISA® debit card › › Free standard checks and unlimited check-writing privileges › › Competitive interest rates › › Funds Transfer, an electronic money movement tool › › SEI CAA Mobile Banking App available for download, includes deposit functionality › › No minimum balance requirement CAA Securities-Backed Line of Credit You also can offer a Securities-Backed Line of Credit (SBLOC), which allows your clients to utilize their portfolios while they are still working for them. The SBLOC lets your clients access the value of their investment portfolios without incurring tax consequences or penalties, and without resorting to running a balance on a high-interest credit card. 1 Whether your clients are seeking funds for a real estate purchase, tax bill, tuition payment—anything except the purchase of additional securities—the SBLOC is ready when they are, while their investments remain untouched to maintain your carefully crafted strategy. Advantages include: › › Easy to open › › Borrow cash by wire or check › › No set-up fees › › No application or annual fees² › › No principal repayment deadline › › Competitive rates 1 Please consult your tax professional for any questions regarding potential tax implications involving your investment portfolio. 2 The Bancorp Bank does not charge an application fee. State, local, and/or third-party fees may apply in some states. For Financial Intermediary Use Only. Not for Public Distribution.

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