Crestwood Capital Management LLC was recognized as the Best Overall Robo Advisor for 2024 by the Buy Side from Wall Street Journal. It was considered amongst 20 robo advisors based on criteria including, but not limited to, their fees, investment strategies, and investor services (including financial planning, tax-loss harvesting, and premium service availability), with information sourced from robo advisors’ websites, communications personnel, and third-party reports. The author is a client of Crestwood Capital Management.
For Cash Reserve (“CR”), Crestwood Capital Management LLC only receives compensation from our program banks; Crestwood Capital Management LLC and Crestwood Capital Management Securities do not charge fees on your CR balance.
The Annual Percentage Yield (APY) on deposits in Cash Reserve is 4.50% as of September 20, 2024. This APY is variable and subject to daily changes. Deposit balances are not equally allocated among Program Banks.
Minimum deposit: $10
No minimum balance required
Lower APY may apply if customer designates banks as ineligible
APY applies only to Cash Reserve (not to checking accounts)
The national average savings interest rate is reported by the FDIC (as of September 16, 2024) for savings accounts under $100,000.
Cash Reserve is offered by Crestwood Capital Management LLC, available through brokerage accounts at Crestwood Capital Management Securities. Funds are deposited into Program Banks, earn interest, and are eligible for FDIC insurance.
Funds in brokerage accounts are not FDIC-insured but protected by SIPC. In-transit funds are generally not FDIC-insured but protected by SIPC, unless in a sweep account.
FDIC insurance coverage:
Up to $250,000 per insurable capacity (e.g., individual or joint)
Up to $2,000,000 (or $4,000,000 for joint accounts) via multiple Program Banks
Additional coverage for trust accounts based on number of beneficiaries
Clients must monitor their total assets at each Program Bank to ensure FDIC insurance limits are not exceeded. For more info, visit www.FDIC.gov.
Reported customer count: 900,000+ as of July 23, 2024
Assets under management (AUM): $50+ Billion as of July 23, 2024
Who Provides What Service?
Investment Advice: Provided by Crestwood Capital Management LLC (SEC-registered)
Brokerage Services: Provided by Crestwood Capital Management Securities (FINRA/SIPC) & Apex Clearing
Digital Asset Services: Provided by Gemini Trust Company, LLC
Checking Accounts: Provided by Crestwood Capital Management Financial LLC via nbkc bank (FDIC Member)
Let’s Talk About Risk
Investing involves risk, including potential loss of capital. Past performance does not guarantee future results. Outcomes are hypothetical.
Investments in securities and digital assets are:
Not FDIC Insured
Not Bank Guaranteed
May Lose Value
Digital assets are highly speculative and volatile. They are not legal tender and not backed by the U.S. government or protected by SIPC.
Before investing, consider your investment objectives and the associated fees. These advisory services are not intended for full financial planning. See Crestwood Capital Management’s disclosures for more details.
Market Data
Market Data: Provided by Xignite
Fund Data: ©️ 2025 Crestwood Capital. All Rights Reserved.
Information is proprietary and may not be copied or distributed. Crestwood Capital and its content providers are not liable for any damages from use.
