Flourish

Interested in learning more about Flourish Cash?

Help your clients earn more with Flourish Cash†

An invitation-only cash account offering rates more than 9x the national savings account average# and designed exclusively for the clients of independent financial advisors.

Help your clients earn more with Flourish Cash†

4.00% APY§

No minimums. No Flourish fees.∫ Unlimited transfers. Millions in FDIC coverage available through our Program Banks.Ω 

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Up to 4.00% APY§

No minimums. No account fees. Unlimited transfers.

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Rates subject to change at any time.

All rates subject to change at any time.

easy-and-secure

Built for advisors

  • Gain visibility into client account balances
  • Provide better advice through integrations with key reporting and planning systems such as Orion, eMoney, and Tamarac
  • Engage prospects and start conversations through our built-in referral engine
  • Branded with your logo at no cost 
  • Elevated FDIC insurance coverage through our Program BanksΩ
  • Help clients earn a higher rate on their cash – 4.00% APY§

Rates subject to change at any time.

The concept is simple

We are not a bank, but the money your clients transfer into their Flourish Cash account is automatically deposited at our FDIC-member Program Banks, such as PNC Bank and HSBC Bank.

Your Bank
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Flourish Cash
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FDIC-Insured Program Banks
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Clients transfer money between their bank
and Flourish Cash.

We deposit into one or more
of the banks we work with.

Your Bank
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Transfer money between
your bank and Flourish Cash.

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Flourish Cash
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We deposit into one or more
of the banks we work with.

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FDIC-Insured Program Banks
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Clients keep their cash FDIC insured

Your clients can consolidate existing cash balances into one Flourish Cash account and benefit from up to 24x the FDIC insurance limit of a single checking or savings account,Ω as we do the hard work of moving their cash to our FDIC-member Program Banks.

Clients get more with Flourish Cash:

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  • Clients earn more

    A competitive variable rate means clients earn more on their held-away cash.

  • FDIC insured

    Up to $6M for individual and business accounts and up to $12M for joint accounts through our Program Banks.

  • No Flourish fees or minimums

    Clients can fund their Flourish Cash account with as little as $1. With no fees to open or maintain an account, the rate your clients see is the rate your clients get.∫

  • Maintain liquidity

    Automatic transfer tools make it easy for your clients to manage their savings, and unlimited transfers mean they always have access to their money.|

  • Exclusive access

    Invitation-only access to the Flourish platform, a beautifully-designed product that is secure and easy to use.

Are you an RIA interested in using Flourish Cash at your firm? 

Contact us to request a demo, join a webinar, and learn more today!

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Legal and Privacy

Flourish is an online platform through which investors can access financial services and products. Flourish’s offerings are provided by different entities and are subject to different terms, investor protections, and risks. Flourish Cash is offered by Flourish Financial LLC, a registered broker-dealer and FINRA member. Flourish Financial LLC is not a bank. Check the background of Flourish Financial LLC and its personnel on FINRA's BrokerCheck. Flourish Annuities refers generally to the annuity platform operated by Flourish Technologies LLC, where applicable, and to Flourish Insurance Agency LLC in its capacity as a licensed insurance producer providing insurance services related to such platform. Flourish Insurance Agency LLC does business in California under the name Flourish Digital Insurance Agency. An annuity is an insurance contract. Annuities shown on the platform are sold through Flourish Insurance Agency LLC, a licensed insurance producer, with offices in Jersey City, New Jersey, and are issued by one or more approved licensed life insurance companies. The Flourish entities mentioned above are affiliates. Flourish Cash and Flourish Annuities accounts are separate accounts and only assets in Flourish Cash accounts may be eligible for protection by the FDIC or SIPC. Please review the Legal section of our website, and the disclosures provided with each Flourish service or product, for further information. If you were introduced or invited to Flourish by an investment advisor or other third party, please be aware that, unless otherwise disclosed to you, they are not affiliated with any Flourish entity. The role of the investment advisor or other firm that invited you to Flourish may vary between different Flourish services and products, as further described in your terms of service. © 2024 Flourish. All rights reserved.

† A Flourish Cash account is a brokerage account offered by Flourish Financial LLC, a registered broker-dealer and FINRA member. Flourish Financial LLC is not a bank. Check the background of Flourish Financial LLC and its personnel on FINRA's BrokerCheck. The cash balance in a Flourish Cash account will be swept from the brokerage account to deposit account(s) at one or more third-party Program Banks that have agreed to accept deposits from customers of Flourish Financial LLC. The accounts at Program Banks will pay a variable rate of interest.  

# Federal Deposit Insurance Corporation, National Deposit Rates: Savings [SNDR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/SNDR, 12/12/2024. 

§ Flourish Cash has a tiered interest rate structure and currently has one tier in effect. Rate and FDIC insurance coverage details can be found in the program summary. We deposit your cash with one or more of the Program Banks, subject to any Program Bank(s) you have excluded. You will earn the highest rate offered by Flourish up to the maximum deposit amount for each tier. Each annual percentage yield (APY) displayed here is effective as of 12/19/2024 and may change at any time. Your advisor may charge fees which impact the effective rate you receive on your cash; you should speak with your advisor for more information. The Flourish Cash interest rate(s) could be lower than the rate that could be earned by opening a deposit account directly with a Program Bank.

Ω The cash balance in a Flourish Cash account that is swept to one or more Program Banks is eligible for FDIC insurance, subject to FDIC rules, including aggregate insurance coverage limits. FDIC insurance will not be provided until funds arrive at the Program Bank. There are currently at least 24 Program Banks available to accept deposits for business Flourish Cash accounts and personal Flourish Cash accounts, and we are not obligated to allocate customer funds across more than this number of Program Banks if there is a greater number of banks in the program. Customers are generally eligible for FDIC insurance coverage of $250,000 per customer, per Program Bank, for each account ownership category. Thus, business customers are eligible for up to $6,000,000 of FDIC insurance and personal customers are eligible for (i) up to $6,000,000 of FDIC insurance for an individual account or revocable living trust account and (ii) up to $12,000,000 of FDIC insurance for a joint account with two owners or joint revocable living trust(s). The total FDIC coverage for a two-person household is calculated assuming that each household member has an individual account and that both household members share a joint account. If the number of Program Banks decreases for a customer (for instance, because a customer chooses to exclude Program Banks from receiving their deposits), the amount of FDIC insurance through Flourish Cash could be lower. Typically, all of a customer’s deposits at a Program Bank in the same ownership category (including deposits held outside Flourish Cash or held through multiple Flourish Cash accounts with the same ownership category) count toward the FDIC insurance limit for deposits at that Program Bank. Customers are responsible for monitoring whether they maintain deposits at a Program Bank outside of Flourish Cash and should consider choosing to exclude that Program Bank from receiving their deposits to avoid exceeding FDIC insurance limits. Although Flourish Cash is offered through a brokerage account and cash held in brokerage accounts often has the benefit of SIPC protection, until such time as we offer securities products, customers likely will not have the benefit of SIPC protection. SIPC protection is not available for cash held at the Program Banks. Our current Program Banks can be found here. For additional information regarding FDIC coverage, visit https://fdic.gov/.

| For transfer requests submitted by the applicable deadline, funds will generally be transferred to or from the requested external account by the same or next business day, except for requests submitted on the weekend or on a holiday, which should be completed by the following business day. In some circumstances, transfers may take longer to complete, as further described in your Account Agreement. For withdrawal requests, fund availability is subject to the processing timeline of the receiving financial institution and may not be displayed or available until the end of the financial institution's business day.

∫ Advisory firms may charge fees that are collected from Flourish accounts and that may impact the effective rate received. Speak with your advisory firm for more information. Wire fees may apply.