Instant access to your banking and investment assets via a partner-branded debit card, ATM access, Venmo/Zelle, Apple/Google Pay, and online bill pay.
The ICMA is a separately managed account for cash.
ICM’s proprietary, API-driven technology links the ICMA directly to both an FDIC-insured bank account and specified investments in a brokerage account, creating a unique product that transforms securities (government money market funds, mutual funds, and/or ETFs) into digital transaction currencies.
Partners select both the FDIC-insured cash sweep program and the specified investments linked to the ICMA. Partners also choose whether to algorithmically allocate client funds among the different subaccounts or to enable clients to do so.
By combining the liquidity of banking, the convenience of payments, and the higher returns of investing, ICM delivers far greater value for our partners and their clients.
Clients fund the ICMA like any other bank or brokerage account – via direct deposit, wire, or ACH transfer from another account (e.g., Plaid). Either directly or by a partner-specified algorithm, clients can then allocate funds to the subaccounts linked to the FDIC sweep program and the specified investment options.
ICM never has possession or control of client funds.
Partner Selects Participant Banks
FDIC-INSURED BANK ACCOUNT
Separate account credentials $25 million in coverage per Tax ID Maximize debit card interchange Direct deposit, wire, and ACHPartner Chooses Investment Menu
INVESTMENT ACCOUNTS
Government Money Market Funds Mutual Funds ETFs Any product with T+1 settlementDirect or Programmatic
FUND DISTRIBUTION
Client self-directed Partner specified algorithms AI recommended allocations
Client money is always liquid and accessible in both FDIC & investment subaccounts.
Partners determine minimum & maximum balance requirements, if any.
Clients can transfer between banking and investment subaccounts at no charge.
Partners choose the number of ICMA subaccounts and the investment products to which they link.
Clients have access to 55,000 surcharge-free ATMs nationwide.
Clients receive FDIC coverage up to $25 million per Tax ID.
Clients transact via partner branded debit card, ATM, Apple/Google Pay, Venmo/Zelle, and integrated online bill pay.
Partners can charge an annual account fee, AUM-based fee, or no fee.
Partner chooses turnkey app or API integration into its current app and portal.
FREQUENTLY ASKED QUESTIONS
The ICMA provides a unique, objectively better combination of immediate liquidity and higher returns. Rather than clients’ leaving their money in no/low interest bank checking and savings accounts, the ICMA enables them to optimize returns on cash by obtaining returns 55X higher than national average bank checking accounts.
Yes, but only in the investment subaccounts; all securities have a risk of loss. Funds held in the FDIC-insured bank account are guaranteed against loss.
Clients manage their funds through the partner-branded app and/or website. They can fund their ICMA by direct deposit, wire transfer, and direct deposit (including by linking their accounts by Plaid). Clients can transact via the partner-branded debit card, ATM, Apple/Google Pay, Venmo/Zelle, and integrated online bill pay. They can also ACH or wire funds out of their account.
No: ICM never has access to or control of client funds, and ICM never has access to your clients.
Clients can enroll in the ICMA program directly via the partner-branded app or web portal, and if our partner prefers then enrollment can be via advisors or agents.
Partners can enhance their infrastructure by leveraging our unique and flexibly designed technology. Using our proprietary APIs, our partners specify the number of ICMA subaccounts as well as the banking and investment products to which they link. The ICMA provides your clients with a fully integrated banking, investing, and payments product – and partners benefit from increased revenues and assets.
Institutional Solutions for Individual Clients on a Global Scale
Interested in becoming a partner? We can deliver your customized ICMA program and, as you prefer, deliver a turnkey solution or integrate into your current infrastructure.
Let’s work together to create an ICMA program that best serves you and your clients.