Smarter Banking for Investors

Managing your financial life shouldn’t feel complicated or disconnected. With LPL Financial’s integrated banking and lending solutions, families and individual investors get cash management, flexible credit options, and guidance from an advisor who understands and supports your goals.

Align Your Cash, Credit, & Investments

Whether you're building an emergency reserve, preparing for a big purchase, or considering using leverage to pursue an opportunity, LPL advisors can help ensure each move fits your needs without disrupting your goals.

By integrating banking and lending into your broader wealth management strategy, you get:

The right amount of cash on hand
Smart, tax‑efficient ways to access liquidity
A clear plan for how borrowing can support your goals
Proactive guidance so you’re ready for the expected and the unexpected

Convenient Cash Management

When your cash is organized, easy to access, and working the way it should, everything in life feels a little simpler. A thoughtful cash strategy gives you the flexibility you need today while helping keep your long‑term investment plans moving in the right direction.

With an LPL Financial advisor by your side, everyday banking and personalized guidance come together in one seamless partnership supporting both your short‑term needs and your long‑term goals.

FDIC‑insured accounts for confidence and protection*
Competitive interest when compared to traditional checking accounts*
Everyday banking features like debit cards, check-writing, and online access
Integrated visibility across your banking and investment accounts

Cash Sweep Options from LPL Financial

LPL offers two cash sweep program options designed to help manage clients’ uninvested cash:

Insured Cash Accounts
Deposit Cash Accounts

These programs may be appropriate for a range of clients, including high‑net‑worth investors seeking an efficient way to hold and manage cash balances alongside their investment portfolios.

How the Cash Sweep Programs Work

Uninvested cash is automatically swept into participating program banks, where funds are eligible for FDIC insurance — up to $2.5 million for individual accounts and $5 million for joint accounts, subject to FDIC rules and program limits.

Key Considerations When Offering an Insured Cash Sweep

When you recommend an insured cash sweep program to clients, you can help them:

Gain confidence in cash protection: Clients understand that eligible cash balances are held at FDIC‑insured banks.
Make productive use of uninvested cash: Cash balances may earn interest at rates established by the program, without transaction charges.
Maintain flexibility: Advisors can exclude specific participating banks if a client already maintains deposits at that institution.

Lending Solutions Built Around Your Life & Goals

Sometimes the next big step — buying property, starting a business, seizing an opportunity — requires quick access to liquidity. But that doesn’t always mean selling investments.

Securities-Based Lending

Borrow against your portfolio without selling your investments

Avoid triggering capital gains taxes
Maintain market exposure
Access more favorable interest rates
Tax payments
Timing gaps between income and expenses

Your advisor can help you explore securities-based lending solutions that keep your long‑term strategy intact.

Margin Lending

Access a flexible line of credit directly within your investment account.

Add new positions without selling core holdings
Immediate and convenient access to funds
Competitive pricing

Your advisor will help you understand risks like market fluctuation and margin calls so you can borrow wisely and comfortably.

Make Your Cash & Credit Work Smarter

Connect with an LPL advisor to expand your financial flexibility without disrupting the strategy you’ve built.

Find an Advisor

Already working with an LPL advisor? Reach out to them to discuss your banking and lending options.

BANKING AND LENDING FOR INVESTORS FAQS

How is a cash management account different from a traditional checking account?

It works like a checking account — with debit cards, online access, and bill pay — but typically offers higher interest rates and FDIC protection. It also integrates with your investment strategy so your advisor can help you maintain the right liquidity balance.

What are the risks of securities-based lending?

These loans use your portfolio as collateral, so borrowing capacity can shift with market conditions. If values drop significantly, a margin call may require repayment or additional collateral. Rates can also be variable. Your advisor will help you borrow conservatively and understand all risks.

When does borrowing against my portfolio make sense?

This can be a great strategy if:

Selling investments would trigger substantial capital gains
You're bridging a short‑term cash flow gap
You want to pursue an opportunity without reallocating your portfolio

Your advisor will look at your goals, taxes, timeline, and risk tolerance to guide the decision.

How much should I keep in cash?

Most people benefit from 3–6 months of expenses in accessible cash. Beyond that, the right amount depends on upcoming life events, income stability, and personal comfort. Your advisor will help you find the right balance.

Are there restrictions on how I can use a securities-based loan?

You can use the funds for most purposes — real estate, business needs, expenses — just not to buy or carry securities (per regulatory restrictions).

What happens if the market drops?

A significant decline may trigger a margin call. Advisors help you structure borrowing cautiously, maintain healthy buffers, and monitor your account so you’re not caught off guard.