High-Yield Cash Isn’t Just a Better Rate—It’s a Smarter Planning Tool

Every dollar in a client’s portfolio should have a purpose. But too often, we overlook one of the most underutilized tools in financial planning—the high-yield savings account (HYSA).

Today’s HYSAs offer 10x or more the interest of large national bank accounts—allowing clients’ cash to work harder for them, while still being accessible when it is needed. That alone should get our attention. But the real power lies in how you integrate them into your clients’ total cash strategy.

Here’s how to think about it:

Time Horizon	Characteristics
Day-to-Day Balances 0-9 months	Cash typically used for daily needs, may be subject to unforeseen expenses. Requires preservation of principal. Same-day liquidity.
Reserve Balances 9-18 months	Fairly static, same-day access is not needed. Cash set aside for possible investments, large purchases.
Investable Assets Over 18 months	Not expected to be used in the short-term

Where a High-Yield Savings Account Adds Value

• Emergency funds: Clients with 3–6 months of expenses should be earning interest, not being taxed by inflation.

• Retirees: A HYSA can create reliable income buffers for required distributions or healthcare expenses.

• Volatile income earners: Business owners and freelancers need a liquid safety net that keeps pace with their cash flow cycles.

• Major purchases: Clients saving for a home, wedding, or tuition get higher returns without market risk.

Some advisors even structure a “barbell strategy”—keeping sufficient cash in HYSAs for liquidity while investing the rest for long-term growth.

🙌 More Than Just a Rate—It’s Peace of Mind

Offering high-yield cash accounts isn't about being a banker. It's about showing clients that every dollar, including the “safe money,” deserves intentionality.

💡 When you help clients organize their cash strategically, you improve their outcomes—and deepen trust.

And when those accounts are embedded directly into your platform under your brand? Even better.

Fispoke’s high-yield savings account provides clients access to a stable way to hold cash while earning an annual percentage yield (APY) ranging from 4.00% to 4.25%[1].

Additional benefits include:

·       No cost to an investment advisor or client

·       No minimum account balance

·       No minimum balance to accrue interest

·       Link to external financial institutions for seamless transfers.

Integrating the Fispoke High-Yield Savings Account (HYSA) into your practice keeps you at the center of your client relationships. Our seamless platform delivers deep insights into client cash flow, empowering you to offer hyper-personalized advice—without requiring clients to leave your ecosystem.

Want to see how high-yield savings can fit seamlessly into your advisory practice? Let’s talk: Fispoke.com

[1] As of August 12, 2025