Wealthy households keep 27% of assets in cash. New checking account aims to help make most of that.

Wealthy households keep 27% of assets in cash. New checking account aims to help make most of that.

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If you want to know where the wealthy prefer to put their money, you might be surprised to find out it’s in cash.
A Capgemini report found that cash surpassed equities for high-net-worth individuals as their No. 1 asset class in the first quarter of 2019. The reason: market uncertainty.
In North America, those wealthy investors had 27.1% of their assets in cash while 26.3%…

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