liquidity alarm and staff training.

I was considering setting up a cash management account which pays .25% .
I wanted to know how the money was invested and theWealth Managers did not know the answer.

The simple answer was, its not invested. I said they need to get a return from somewhere to give a return of .25%

They had to escalate the query and offered a call back.
The failure to answer these simple questions brings their conduct and financial ethics into question in my eyes. It also raises questions about their liquidity.

I am guessing they are investing on the over night money market. Who knows?

I foresee a very dark next 6 months and need to protect my wealth.