We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Michael is a former senior editor of investing and trading products for ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Cash management accounts (CMAs) offer a combination of ...

Cash management accounts are for saving and earning interest; brokerage accounts let you invest Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives ...

What is a cash management account? A cash management account (CMA) is a cash account often provided by brokerage firms and robo-advisors. CMAs are relatively new to the market, so their features are ...

Cash management accounts aren’t bank accounts, but they share some similarities. It’s a place to stash your cash, get your paycheck deposited, pay bills and earn some interest. Even though it might ...

Cash management accounts can be a good alternative to traditional banking if you're looking for a convenient way to manage your money. These accounts combine the best of both a checking and savings ...