Now Available • Cash Management Account

Everyday banking convenience—integrated with your investing.

The LPL Cash Management Account (CMA) simplifies how you hold and access cash while keeping it connected to your broader plan. Fewer logins. More clarity. Better coordination.

What it does

A Cash Management Account combines modern banking features (debit card, checkwriting, bill pay, mobile deposit) with a consolidated view inside LPL Account View—so cash stays accessible while remaining aligned with your long-term strategy.

FDIC eligible up to $2.5M individual / $5M joint No monthly maintenance fee No minimum balance requirement ATM fees reimbursed worldwide

Current clients: schedule time with Sharon Zimmerly

Sharon, our Director of Client Support, can help with enrollment, setup, troubleshooting, and onboarding guidance. Choose the session that fits your needs.

Quick Question (15 minutes or less) Longer Walkthrough / Onboarding (30–45 minutes)

Phone, Zoom, or in-person options may be available based on scheduling and preference.

Key Features

Designed to work like a modern checking account—while supporting a more coordinated view of your financial life.

Yield + access

Competitive interest on cash

Uninvested cash can earn interest while remaining available for upcoming needs or opportunities.

Coverage

Enhanced FDIC eligibility

FDIC insurance eligibility up to $2.5 million (individual) and $5 million (joint), subject to program terms.

Everyday convenience

ATM fees reimbursed worldwide

ATM fees incurred anywhere in the world are reimbursed. No foreign (international) transaction fees are assessed by LPL.

No friction

No minimums and no monthly fee

Open and maintain the account without minimum balance requirements or monthly maintenance fees.

Controls

Bill pay, checkwriting, and mobile deposit

Use checkwriting and bill pay features, plus mobile deposit (availability depends on account type).

Visibility

Consolidated view in Account View

See banking and investing activity in one place, helping reduce “financial fragmentation.”

Resources

Use the resources below for an overview, commonly asked questions, and detailed banking information.

CMA Banking Information CMA Features One-Page Flyer CMA Frequently Asked Questions Investor Online Direct Digital Banking User Guide

Need help getting started?

If you would like help with enrollment, Account View access, bill pay setup, or general onboarding, schedule time with Sharon Zimmerly.

Quick Question (15 minutes or less) Onboarding / Setup (30–45 minutes)

Disclosures: Banking services are provided by UMB Bank, n.a. Securities and advisory services offered through LPL Financial, a registered investment advisor and broker-dealer (Member FINRA/SIPC). FDIC insurance eligibility applies to cash balances swept to program banks, subject to program terms and applicable limits. Investment products are not FDIC/NCUA insured, are not bank guaranteed, and may lose value.

Questions about eligibility, enrollment, or features? Schedule time with Sharon using the links above.

Questions & Answers

Clear expectations, fewer surprises, and quick answers when you need them.

What is a Cash Management Account (CMA)?

A CMA combines everyday banking functionality with your investing relationship at LPL Financial—so you can manage cash, pay bills, write checks, use a debit card, and view activity in a consolidated experience within Account View.

Is there a fee to open or maintain the CMA?

There is no fee to open or maintain the CMA itself. Expedited shipping fees may apply if you choose rush delivery for checks or a debit card. Certain transaction-related fees can apply (e.g., stop payment, insufficient funds).

How much FDIC insurance coverage is available?

FDIC insurance eligibility is up to $2.5 million for individual accounts and $5 million for joint accounts, subject to program terms and applicable limits.

Are ATM fees reimbursed? What about international usage?

ATM fees incurred anywhere in the world are reimbursed, and there are no foreign (international) transaction fees assessed by LPL. The debit card can be used anywhere Visa is accepted.

How does bill pay work?

Bill pay is managed through Account View with a redirect to the partner bank experience for setup and management. Sharon can walk you through the initial setup if you prefer guided help.

What is the fastest way to get help with setup or troubleshooting?

Schedule directly with Sharon Zimmerly:

Schedule 15-Minute Client Support Schedule 30–45 Minute Onboarding