I can't find any sweep options in my JP Morgan Self-Directed account. I currently have all cash in TSCZXX which has no minimum and still pays a near-the-top 4.69% (7-day yield as shown today). All manually purchased and sold AFAIK, no sweep and no auto-liquidate like Fidelity.
The JPM SD account still has a few other shortcomings, such as not being able to buy directly at Treasury auctions. I'd like to think it is a work in progress, but I suspect that it really is designed to harvest customers into managed accounts.
The JPM SD account still has a few other shortcomings, such as not being able to buy directly at Treasury auctions. I'd like to think it is a work in progress, but I suspect that it really is designed to harvest customers into managed accounts.
Statistics: Posted by bd7 — Sun Oct 06, 2024 8:01 pm — Replies 5 — Views 1237