New Capital Advisors Group Insured Liquidity AccountsSM Provide Alternative to Money Market Funds
BOSTON, October 20, 2016 – Today, Capital Advisors Group, Inc. announced the availability of its new Capital Advisors Group Insured Liquidity AccountsSM. Capital Advisors Group Insured Liquidity AccountsSM provide each account holder with up to $100 million in deposit insurance backed by the full faith and credit of the U.S. Government via one convenient account, and present institutional investors with an alternative to money market funds and traditional bank deposit accounts.
Depositing cash throughout a network of more than 600 FDIC-insured banks, Capital Advisors Group Insured Liquidity AccountsSM offer a competitive yield relative to money market funds, U.S. Treasuries, commercial paper and traditional bank deposit accounts,* as well as next-day liquidity with no withdrawal penalties, transaction fees, or liquidity gates.
“Money market fund reform and the floating NAVs, redemption fees, and liquidity gates now associated with institutional prime money market funds have caused treasurers to search for new short-term investment solutions, but comparable alternatives can be hard to find,” said Ben Campbell, founder and CEO of Capital Advisors Group. “We are offering our clients a new product that offers convenience that is similar to that of institutional prime money market funds.”
The new Capital Advisors Group Insured Liquidity AccountsSM expand the firm’s commitment to separately managed account solutions that are designed to provide safety of principal, liquidity, and yield. For more information on Capital Advisors Group Insured Liquidity AccountsSM, please visit https://ilaccount.capitaladvisors.com/ or call (617) 630-8100.
About Capital Advisors Group
Capital Advisors Group, Inc. is an independent investment advisor specializing in institutional cash investments, risk management, and debt financing. Drawing upon a quarter of a century of experience through varied interest rate cycles, the firm has built its reputation upon deep, research-driven investment strategies and solutions for its clientele. For more information, please visit www.capitaladvisors.com or call (617) 630-8100.
*Assumes similar maturities/liquidity and credit quality
Opinions expressed herein are subject to change without notice and do not necessarily take into account the particular investment objectives, financial situations, or needs of all investors. This press release is intended for informational purposes only and should not be construed as a solicitation or offer with respect to the purchase or sale of any security. Further, certain information set forth herein may be based on one or more third-party sources. No assurance can be given as to the accuracy or adequacy of such third-party information. Capital Advisors Group, Inc. (“Capital Advisors Group”) assumes no responsibility for investigating, verifying, or updating any information reported from any source. Capital Advisors Group and the Capital Advisors Group Insured Liquidity AccountsSM program are not members of the Federal Deposit Insurance Corporation (“FDIC”); however, the institutions where client money is deposited are members of the FDIC. If a participant has cash at any depository institution insured by the FDIC independently of the Capital Advisors Group Insured Liquidity AccountSM program, it may not receive full insurance coverage on all deposits at those institutions. Capital Advisors Group is a registered investment advisor. Capital Advisors Group is not a bank, does not offer bank deposits, and its services are not guaranteed by the FDIC or any other governmental agency. Capital Advisors Group Insured Liquidity AccountsSM are subject to certain terms and conditions. For more information on these terms and conditions, please call Capital Advisors Group at 617-630-8100.
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Capital Advisors Group, Inc.