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Janney Advantage Cash Management Account

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The Janney Advantage® account allows you to quickly and easily manage your checking, savings, Platinum VISA Debit Card and electronic bill payments through a cash management account that is linked to your investments.
Convenience
With our Janney Advantage® Account, you can consolidate your banking and investment accounts and get a clearer picture of your daily finances. And, by using checks and/or electronic fund transfers (ACH), you can automatically move your cash in and out of your account as needed.


A Clearer Picture of Your Finances
The Janney Advantage® Account offers a clearer picture of your daily finances through one consolidated statement of your cash and investment activity. At year-end, you will receive a summary of all business and personal expenditures, categorized to help you identify your spending habits. The monthly and annual statements can help you understand how spending can impact your daily finances, investments and long-term savings. You can share this data with your Janney Financial Advisor to really help bring your financial picture into focus.

A Choice of Savings Vehicles
FDIC-Insured Sweep Program  Our optional Insured Sweep Program offers at least $2,500,000 in FDIC insurance and highly-competitive interest rates. How does it work? Our single sweep account spreads your savings among multiple FDIC-Insured banks to offer a combined level of insurance, which is greater than any single bank. For more information on FDIC insurance, please visit www.fdic.gov.

View the list of our program banks


Tax-Free Money Market Funds††  Offer the tax advantages of money market investing in municipal bonds.

Dreyfus Taxable Money Market Funds††  Offer a wide variety of money market funds, including those investing in Treasury and other taxable securities.  

View our current program rates

Cash Management Program Features

Check Writing
Both your initial check order and any reorders are free. There is no dollar minimum per check. Payee information is displayed on your monthly statement and included in a year-end summary statement.

Platinum VISA® Debit Card
The Platinum VISA Debit Card gives you worldwide purchasing power at millions of merchants. Member benefits include travel insurance, roadside service, extended warranty insurance and the Janney RewardsSM program.

Janney RewardsSM
Janney RewardsSM is a point program that accumulates when you make purchases with your Platinum VISA Debit Card. You can also accumulate points based on the balances in your cash sweep account. Points add up quickly, rewarding you with over 1,000 merchandise and gift items, free air travel, hotel stays and car rentals.

See our rewards points guidelines

ATM Withdrawals
You can use your Platinum VISA Debit Card to withdraw cash at Automated Teller Machines (ATMs) worldwide that accepts VISA debit cards - and those in the PLUS® and Star® networks. You can also use your card to obtain cash and traveler's checks at banking offices worldwide. Transaction fees incurred at ATMs will be credited back to your account (foreign ATMs excluded).

Online Bill Payment
Pay bills online to any creditor with a U.S. address, including merchants, utility companies, individuals or businesses. You can choose from a pre-established list of common merchants or create a personal list of individuals and companies. Make a single payment or establish a payment schedule.

Contact a Janney Financial Advisor  for details or call 1-800-JANNEYS and speak to one of our Financial Advisors.


Effective July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act became law; which permanently raised the maximum deposit insurance limit applies per depositor, per insured depository institution for each ownership category.  JAIS sweep balances are not covered under SIPC.

††An investment in a Money Market Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Money Market Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Money Market Fund. For more complete information on the Money Market Fund, including fees and expenses, please request a brochure and prospectus. Please read the prospectus carefully before investing or sending money.