AG Edwards Case History: Conversion of Money Market Funds to
FDIC Insured Sweep Product
- Identified business opportunity to improve revenues by 50% by conversion of 22 billion of Money Market
Funds to an FDIC Insured Sweep Deposit Program - Found partners for AG Edwards to provide banks willing to take brokerage cash balances as wholesale bank
deposits and provide customer and program level accounting and transaction processing services - Project Manager for conversion: lead internal multidisciplinary AG Edwards team..project on time balance
conversion exceeded expectations
Ameritas Investment Corp Case History: Conversion of Money Market Funds to FDIC Insured Sweep Product
- Created business case for firm, advisor and customer value propositions
- Managed conversion to a custom FDIC Insured sweep program supported by NFS
- Set up ongoing competitive review and product governance, including an automated reporting package of financial and product metrics
Thrivent Financial Bank: Product Profitability and Charter
Optimization
- Thrivent Financial Bank needed to grow its deposit base. Prepared deposit pricing comparison to competitor
products - Created deposit product profitability models allocating expenses among distribution channels
- Analysis of case for wholesale deposit channel
- Contributed to selection of “ Credit Union versus Commercial Bank charter
Securities Based Lending
MassMutual
- Reviewed profitability of Bank, ILC and Partnership models for manufacturing and distribution of Securities Based Lending products
- Developed SBL Product Profitability model