Flourish
Cash management service for advisors' clients, with FDIC-insured accounts, owned by MassMutual.
flourish.comFlourish builds products for registered investment advisers, chiefly Flourish Cash, which places client cash in accounts at FDIC-member banks. Accounts are offered through Flourish Financial LLC, a registered broker-dealer, and the company says it is not a bank.
Stone Ridge, an asset manager, created Flourish in 2018 and sold it to MassMutual, which runs it as a wholly owned subsidiary. Press releases are datelined New York.
What it does
- Cash management accounts
- FDIC-insured bank deposits
Coverage
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