TCG Financial Services LLC, and SEC registered investment advisor and the administrator of the TCG family of 10 SEC registered money market funds, introduces a better yielding cash management product for those institutional clients who need to have their cash investment in either, US government securities, FDIC-insured deposits, or US Government Money Market funds.
This cash management tool is an attractive alternative to US government money market funds for those investors unable to invest their funds any longer in Prime Money Market Funds due to the implementation of Fees and Gates.
In coordination with Huntington National Bank, Columbus, OH, acting as Custodian for Institutional Investors, we provide a very compelling cash management program which consists of Portfolios of FDIC-insured deposits in amounts of up to $30 million perinvestor regardless of any other investments they may have in other FDIC-insured investment programs or direct deposits with their correspondent banks. All we need is a list of those institutions and we will block them from your investment portfolio. We have over 1,000 institutions in our network.
Our bank network, developed over the years, provides a superior level of interest rates compared with government securities, US Government Money Market funds, other FDIC-insured deposit programs and competitive and better credit quality to money market funds and most State Cash Investment pools.
Our portfolios include only banks that are “Well Capitalized” and your principal and interest is backed by the Full Faith and Credit of the US Government.
Unlike most other programs:
Your money is “always” in full control of your custodian, Huntington National Bank, for your benefit. There are no-other middle-man or entity touching your money.
Huntington National Bank will provide on-line access to your portfolio on a 24/7 basis.
Interest will be credited to the account monthly.
Liquidity available with 24- hour notice (2 PM Cut-off time for next day wire).
BEST YIELDING CASH MANAGEMENT INVESTMENT PRODUCT WITH INVESTMENTS BACKED BY THE FULL FAITH AND CREDIT OF THE US GOVERNMENT.
FULL CONTROL OF YOUR MONEY ALWAYS IN THE HANDS OF YOUR CUSTODIAN BANK.