Complete Cash Solutions
Available only at AssetMark Trust Company, Complete Cash Solutions give you the opportunity to provide your clients with competitive solutions that meet their growing and changing needs.

Complete Cash Solutions offer:

Insured Cash Deposit (ICD) Program

A program that automatically moves cash from model portfolios for certain administrative accounts into FDIC-insured deposit accounts.4

High Yield Cash

An FDIC-insured5 enhanced solution for larger cash balances. Higher deposit rates are offered at $100,000, $250,000, $1 million and $10 million.

High Yield Cash deposits are not eligible for 'householding' of platform fees.

Cash in Account Deposit rate6 Annual Percentage Yield (APY)6
$0.01 - $99,999.99 0.60% 0.60%
$100,000 - $249,999.99 0.60% 0.60%
$250,000 - $999,999.99 0.60% 0.60%
$1,000,000 - $9,999,999.99 0.98% 0.98%
$10,000,000 and over 2.00% 2.02%
Rates as of 6/24/2024
For higher cash balances, clients can receive:
Cash in Account Deposit rate6 Annual Percentage Yield (APY)6
$100,000 - $249,999.99 3.50% 3.56%
$250,000 - $999,999.99 3.75% 3.82%
$1,000,000 - $9,999,999.99 3.75% 3.82%
$10,000,000 and over 4.00% 4.07%
Rates as of 6/24/2024
Deposit rate and annual percentage yield for balances below $100,000 is 0.65%.

How Extended FDIC Insurance Works

Backed by the full faith and credit of the US government, FDIC protects against loss of deposits if an FDIC-insured bank or savings association fails, by providing insurance up to $250,000 per depositor and per insured bank, for each account ownership category.

How Extended FDIC Insurance Works
FDIC-Insured Banks7

FDIC-insured banks are selected based on stringent criteria including their overall financial health, stability and current standing with the FDIC.

Amerant FL 22953 67010509
AXOS Bank CA 35546 122287251
Banc of California CA 35498 122243774
Bank of Hope CA 26610 122041235
Bank OZK AR 110 82907273
Bell Bank ND 19581 91310521
BMO Harris Bank IL 16571 071000288
Centennial Bank AR 11241 082902757
Citibank, N.A. SD 7213 021000089
Citizens Bank, N.A. RI 57957 011500120
City National Bank CA 17281 122016066
Comerica Bank TX 983 121137522
Customers Bank PA  34444 31302971 
EagleBank MD 34742 055003298
Fieldpoint Private Bank & Trust CT 58741 021172784
First Business Bank WI 15229 075905787
HSBC VA 57890 022000020
JPMorgan Chase Bank, N.A. OH 628 122100024
KeyBank National Association OH 17534 041001039
Metropolitan Commercial Bank  NY 34699 026013356
Morgan Stanley Bank N.A.  UT 32992 021000089
Morgan Stanley Private Bank N.A.  NY  34221 031101305 
Peapack-Gladstone Bank NJ 11035 021205237
River City Bank
CA 18983 121133416
Sallie Mae Bank
UT 58177 124385119
UT 26881 121141398
TriState Capital Bank PA 58457 043019003
Umpqua Bank OR 17266 123205054
U.S. Bank N.A. OH 6548 42000013
Washington Federal Bank  WA 28088 321181297
Western Alliance Bank AZ 57512 122105980

1. The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. More information can be found at

2. See the AssetMark Trust Company FDIC-Insured Cash Program Disclosure Statement and AssetMark Trust Company Custody Agreement for details and restrictions.

3. Exceptions apply. Accounts that are invested in a strategy over which AssetMark exercises some level of investment management or are Internal Revenue Code Section 403(b)(7) custodial accounts are not eligible to participate in the ICD program.

4. AssetMark Trust, at its discretion, may determine that your account, or a particular strategy held in your account, is ineligible to participate in the Insured Cash Deposit Program.

5. Insured Cash Deposit Program and High Yield Cash collectively provide up to $2.5 million of FDIC insurance.

6. Clients need to have a High Yield Cash account to get the rates indicated. Rates for High Yield Cash are negotiable. The deposit rates and annual percentage yields are variable and may change at any time at our discretion. They are effective as of the date shown above. Interest on the account will be compounded on a monthly basis.

7. This list is subject to change. ICD Program banks may be excluded from receiving program deposits in the event that total assets at a program bank (including assets that are held with the bank outside of AssetMark Trust's Complete Cash Solutions Program) exceed the FDIC insurance limits. It is your obligation to monitor your account(s), your FDIC coverage and your FDIC insurance eligibility. See for more details regarding FDIC coverage. For more information on AssetMark Trust's FDIC-Insured Cash Program, please refer to the AssetMark Trust Company FDIC Insured Cash Program Disclosure Statement. If you would like to opt out from certain program banks, please speak to your advisor.