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Duration: 3:12

Instructor:

Contributor: Interactive Brokers

Level: Beginner

This lesson will tour a variety of cash products for your clients, such as the IBKR Debit Card program, Fixed Income investment products and PortfolioAnalyst tool which lets your clients link their investment, banking, checking, incentive plan and credit card accounts into a complete portfolio view to calculate returns, understand risks and measure performance against common or custom benchmarks.

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Study Notes:

Cash Products – Debit Card, Direct Deposit & Bill Pay

Interactive Brokers offers its Advisors a variety of Cash Products for their clients, using its debit card program.

Using the Debit Card program, clients can set up recurring payments, which lets clients pay bills without the hassle of writing checks or paying for postage, eliminates paperwork and facilitates the consistent execution of recurring payments.

Advisors on the IBKR platform can request debit cards be sent to their clients.  Whereby they can authorize transactions, pre-authorize large purchases and lock or unlock their card right from their phone with IBKR Mobile’s two-factor security authentication.

Direct deposit lets clients automatically deposit paychecks, pension and social security payments to their non-retirement IBKR account.

Fixed Income

Advisors can trade corporate, municipal, or Treasury bills, notes and bonds all from a single account and single trading screen.

Unlike traditional bond platforms, our clients can both see and place bid and offer quotes for US corporate bonds. Non-marketable limit orders that meet or exceed the existing best quote will be included in IBKR market data for other IBKR clients to view and consider trading against.

Users may scan for certificates of deposit, corporate, municipal and Treasury bond markets on any criteria from bond ratings and coupon rate to a specified convexity range or equity cap using the Global Bond scanner.

We route orders to additional liquidity providers including several major global banks. Bond orders are SmartRouted to multiple bond market centers.

And Fixed income assets may be included in Model Portfolios.

PortfolioAnalyst

IBKR’s PortfolioAnalyst reporting tool lets your clients link their investment, banking, checking, incentive plan and credit card accounts into a complete portfolio view to calculate returns, understand risks and measure performance against common or custom benchmarks.

As an Advisor you can use PortfolioAnalyst to:

  • Oversee your client accounts
  • Monitor performance; distill portfolio level data to drive client engagement
  • Provide 24-hour customer access to account data, all from a single interface
  • Plus – you can white brand PortfolioAnalyst with your own logo!
Disclosure: Interactive Brokers

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Supporting documentation for any claims and statistical information will be provided upon request.

Any stock, options or futures symbols displayed are for illustrative purposes only and are not intended to portray recommendations.

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