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Cash management accounts are for saving and earning interest; brokerage accounts let you invest Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives ...

What is a cash management account? A cash management account (CMA) is a cash account often provided by brokerage firms and robo-advisors. CMAs are relatively new to the market, so their features are ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Cash management accounts (CMAs) offer a combination of ...

Back in 1940 when the first RIAs were established, there was no such thing as computers, or account management software, much less an RIA tech stack. These days, companies like RIAs are fortunate to ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Michael is a former senior editor of investing and trading products for ...

The best cash management accounts pay high interest rates on deposits, allow unlimited access to funds, and charge minimal fees. Read our guide to learn more. Cash management accounts are held at ...