Cash Management

Organize your financial life with a brokerage account. 

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Would you like a complete view of your investments and cash holdings so your finances are easier to control?

Like most people, you probably maintain a number of accounts, each to handle a different aspect of your finances. A brokerage solution can help you get organized.

Comprehensive account services

Waddell & Reed provides a full-service brokerage platform designed to help you and your financial advisor manage your investments more efficiently. You’ll have access to a Corestone® asset management account. Corestone turns an ordinary investment account into a powerful asset management tool that consolidates your investing, checking and Visa® debit services into one convenient account.

Plus, all of your account activity is organized for you on one, comprehensive statement providing a complete picture of your portfolio — including your cash — empowering you to track and monitor your finances with ease.

A powerful solution to manage your finances, Corestone has four plan levels for individuals, each with its own features and money-saving benefits including:

  • Unlimited check writing
  • Direct deposit
  • Debit card
  • Travel assistance service
  • Cost-basis reporting
  • Year-end account summary statement
  • Online bill payment

Simplified money management

No matter the investment type, you will have all the power of an investment account plus the convenience of cash management features that allow you to:

  • View how much your money has earned
  • Track what your investments are worth
  • Know where your money is being spent
  • Measure investment performance quarterly
  • Prepare taxes accurately and easily

Ready to add ease to managing your accounts?

Contact a Waddell & Reed advisor today. 

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This information is provided for informational and educational purposes only. Waddell & Reed believes the information has been obtained from sources considered to be reliable, but does not guarantee the accuracy of the information provided. This information is not meant to be a complete summary or statement of all available data necessary for making financial or investment decisions and does not constitute a recommendation.

Please note that the information provided may include references to concepts that have legal, accounting and tax implications. It is not to be construed as legal, accounting or tax advice, and is provided as general information to you to assist in understanding the issues discussed. Neither Waddell & Reed, Inc., nor its Financial Advisors give tax, legal, or accounting advice.

This information is not meant as financial or investment advice pertaining to your personal situation. The selection of appropriate investment, insurance or planning options and/or strategies should be made on an individual basis after consultation with appropriate legal, tax and financial advisors. Nothing contained herein is intended as a solicitation or an offer to buy or sell any product or service mentioned and they may not be suitable for all investors.

Securities offered through Waddell & Reed, Inc., Member FINRA/SIPC, are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal. Insurance products are offered through insurance companies with which Waddell & Reed has sales arrangements. Guarantees provided by insurance products are subject to the claims-paying-ability of the issuing insurance company.

Not all account types may be available on all platforms. Some products & services may not be available with all accounts. Brokerage, investment and financial advisory services are made available through Waddell & Reed, Inc., in its capacity as a registered investment adviser. Brokerage accounts cleared through Pershing LLC. SEC-Required Report on Routing of Customer Orders

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