Our financial lives move fast, and we often find ourselves keeping up with multiple account statements and the PIN numbers tied to the debit cards for each of those individual accounts. It's time to take the next step and offload the hassle of managing all those accounts. Why not take advantage of the extra benefits we offer by integrating your emergency fund, checking, and investing all in one Cash Management Account?
As a client of Champion Wealth Management, you have access to banking services through LPL Financial, so you can keep your cash management right alongside your investments: insured, accessible, and visible online in one place through Account View. No separate bank to juggle, and no money sitting idle. You can even pay your bills online, directly from the cash in your brokerage account.
Life sends unexpected expenses: a job loss, a medical bill, a major car repair, a roof that finally gives out. Without a dedicated emergency fund, those moments force people to sell investments at the worst possible time, take on high-interest debt, or tap retirement accounts early. We treat the emergency fund as step one, not an afterthought, and we help you put that money somewhere liquid and accessible that still earns a competitive return, so your safety net does not just sit idle.
Right-Sizing Your Fund
The standard "3 to 6 months of expenses" is not one-size-fits-all. We help you land on the right number for your income stability and your family's needs.
Liquid, Accessible Accounts
Your emergency fund has to be available immediately. We help you place it in the right high-yield savings or money-market options that balance access with return.
Building It Systematically
No fund yet? We set up an automatic savings plan that builds your safety net without disrupting your day-to-day cash flow or your investing.
Protecting Your Investments
A well-funded emergency account means you are never forced to sell investments at a loss during a downturn just to cover a surprise expense.
Debt Prevention
An emergency fund is the number-one defense against high-interest credit-card debt. It keeps a bad month from turning into a bad year.
Regular Review
As your income and expenses change, we revisit your target so it still reflects the life you are actually living.
Banking Through Your Account
Most people keep their bank in one place and their investments in another: two logins, two stacks of statements, and cash sitting idle on one side while opportunities pass on the other. The LPL Cash Management Account closes that gap. It works exactly like the checking account you use every day, and it lives right beside your investments, so your money is always in the right place at the right time.
Your cash never sits idle. Uninvested funds are automatically swept into an FDIC-insured program built to earn more than a typical bank account, right up until the moment you spend or invest.
The everyday tools you already expect. Unlimited free check-writing, a Visa debit card, free ATM access worldwide, Bill Pay, direct deposit, mobile check deposit, and even Apple Pay and Venmo.
Up to 10 times the FDIC protection of an ordinary bank account. Coverage up to $2.5 million for individual accounts and $5 million for joint accounts through LPL's insured cash sweep programs.
Your whole picture in one place. Every banking and investing decision, side by side in Account View, under a single login.
Move at the speed of your decisions. When you are ready to invest, the money is already there. No transfers between banks, no waiting days for a check to clear.
The CMA in Action
A $60,000 check from a property sale lands on a Friday afternoon. In a traditional setup it sits in checking, earning next to nothing, until our call on Monday. In your CMA it is swept into the insured, interest-earning program the moment it clears; you cover the weekend with the debit card and write a check to your contractor; and when we decide Monday to invest $45,000, it is already sitting exactly where it needs to be. No transfer between banks, no three-day wait, and not one idle dollar.
This is the piece that ties everything together. When your spending, saving, and investing all live in one place, with one advisor watching over the whole picture, decisions get simpler and nothing slips through the cracks. When you are ready, I will walk you through opening yours, start to finish.
Banking services are provided by UMB Bank, n.a., through its relationship with LPL Financial. FDIC insurance applies only up to the applicable program limits through LPL's insured cash sweep programs; LPL is not an FDIC-insured institution, and only balances held at participating program banks are eligible for coverage. Debit card and certain features are subject to eligibility. Money-market funds are not FDIC-insured, are not bank guaranteed, and may lose value. See LPL's Banking & Lending materials for full terms, rates, and conditions.
Put Idle Cash to Work
A safety net does not have to sit idle. We help you position the cash you are not investing so it stays liquid and still earns a competitive return, instead of losing ground to inflation in a no-interest checking account. The right mix of insured cash and money-market options keeps your emergency fund ready and working at the same time, and because it all sits with your investments, moving money between "spend it soon" and "invest it" is simple.
Let's get your everyday money working.
From the right-sized emergency fund to insured, accessible cash that earns its keep, let's set up the banking side of your plan so it supports everything else.
