A Safe Place for Cash

*3.85% APY for assets up to $1M. Assets >$1M currently 2.85% APY as of December 20, 2024. Subject to fluctuate with interest rate changes.

¹CF Cash is designed to satisfy the FDIC’s requirements for agency pass-through deposit insurance coverage. Program banks in the network are FDIC-insured “banks” as defined in the Federal Deposit Insurance Act. The FDIC Limit is $250,000 per depositor per bank. The CF Cash program allows customers the ability to protect their money by placing it in deposit accounts at banks, savings institutions and credit unions (collectively, “Insured Depositories”) in a manner that maintains full insurance of the funds by the Federal Deposit Insurance Corporation (“FDIC”) or National Credit Union Administration (“NCUA”), whichever is applicable. Funds will be deposited within StoneCastle’s network of Insured Depositories (“Deposit Network”). 

EWM is not a bank, nor does it offer bank deposits and its services are not guaranteed or insured by The Federal Deposit Insurance Corporation, or any other governmental agency. EWM is not a member of The Federal Deposit Insurance Corporation (FDIC), but the depository banks where client money is placed are FDIC members. The FDIC is an independent agency of the U.S. government that protects the funds depositors place in FDIC insured institutions. FDIC deposit insurance is backed by the full faith and credit of the U.S. government.  For a list of participating institutions in the CF Cash Program, see: https://banks.stonecastle.com/list

Endowment Wealth Management, Inc. (“EWM”) makes available to clients the Cantor Fitzgerald Insured Cash Program (“CF Cash”), both directly and through its affiliates, including ETF Model Solutions, LLC, Embark-Invest.com, and Global Alternative Investment Management LLC. The CF Cash program is offered by StoneCastle Network, LLC (“StoneCastle”), an affiliate of StoneCastle Cash Management, LLC. Cantor Fitzgerald requires $100,000.00 minimum deposit to open a CF Cash account. EWM will assist clients in signing up for this program and facilitating the transfer of funds between the client’s like-named accounts. EWM receives a 10-basis point administration fee from StoneCastle based on client assets that participate in this program and such fee will reduce the yield that you may otherwise receive for your deposits in the CF Cash Program. The receipt by EWM of the administrative fee creates a conflict of interest because it incentivizes EWM to make the CF Cash program available to clients instead of other cash management programs. EWM mitigates this conflict of interest by disclosing it to clients.

The materials on the Website including, without limitation, news articles, informational materials and all other investment-specific information, have been prepared for informational purposes only and do not constitute financial, investment, legal, tax or any other advice. It does not constitute an offer, solicitation or recommendation to purchase any security or investment advisory services nor shall any such security or investment advisory service be offered or sold to any person in any jurisdiction in which such offer, solicitation, recommendation, purchase or sale would be unlawful under the securities laws of such jurisdiction. In no event shall StoneCastle be responsible or liable for the correctness of any such material or for any damage or lost opportunities resulting from use of this data.

EWM is registered with the United States Securities and Exchange Commission (“SEC”) as an investment adviser under the Investment Advisers Act of 1940, as amended. Registration with the SEC does not imply a particular level of skill or training. For more detailed information about EWM, please see its Form ADV on file with the SEC. EWM is not acting as your investment advisor in connection with CF Cash or any information contained herein. For additional disclosures, see EWM’s Form CRS and ADV Brochure Part 2A. 

EWM does not make any judgment or warranty with respect to the accuracy, timeliness or suitability of the content of any of the services herein provided.

StoneCastle has represented that it has implemented internal controls and procedures reasonably designed to detect and reduce operational and other risks of CF Cash. Such risks exist with any financial instrument, and may arise from a number of factors, including, but not limited to, human error, misconduct, failed or inadequate processes, technology or systems failures or breaches, processing and communication errors, or failures to comply with applicable laws and regulations, in each case by StoneCastle, its custodian, or any of their respective employees, agents or service providers. The measures implemented by StoneCastle may not detect or fully address every possible risk or failure. Full insurance of the funds deposited in CF Cash may therefore not be available in the event any such failures impact or prevent the proper placement or allocation of funds into the insured depository institutions or StoneCastle’s continued compliance with the requirements of FDIC or NCUA insurance coverage. CFIA and EWM make no assurances as to the effectiveness of such measures or the performance of StoneCastle, the custodian or their respective employees, agents, or service providers. 

Cantor Fitzgerald, Cantor Fitzgerald Insured Cash ProgramSM and the Cantor Fitzgerald logo are trademarks and/or registered trademarks of Cantor Fitzgerald Securities or its affiliates in the U.S. and/or other countries. Other trademarks appearing herein are the property of their respective owners. The Cantor Fitzgerald design is a copyright of Cantor Fitzgerald Securities or its affiliates in the U.S. and other countries.

For Additional Program Legal Disclaimers and Disclosures, see SCCM Disclosure page.