Getting the Most from One-Stop Accounts
Article Abstract:
For those who want to pull their finances together, have at least $10,000 in money or securities, and do not mind paying a yearly fee of at least $100, an asset management account might be just what you are looking for. These accounts are offered by bankers or brokers, and which you choose depends on whether you want to manage your investments, or just your savings and checking accounts. Some of the features offered include free checking accounts, credit cards and debit cards, sometimes the ability to borrow against securities, access to a discount brokerage service, and a monthly statement which summarizes all activity. Because so many of these accounts are similar, institutions often offer little extras (such as free travelers checks) to get you to choose their product. Outside of such minor problems as computer goof-ups, asset management accounts can be a most helpful way to deal with your personal money management.
Publication Name: Money
Subject: Business
ISSN: 0149-4953
Year: 1984
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Factors to consider
Article Abstract:
Factoring is an attractive method of maximizing cash flow. This procedure can help to increase efficiency by shifting complex credit responsibilities to a factor. The most important consideration in choosing a factor is its ability to deliver.
Publication Name: Cashflow Magazine
Subject: Business
ISSN: 0196-6227
Year: 1986
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