Reich & Tang Becomes Wealth Management Group’s Deposit & Liquidity Solution Provider
Reich & Tang Teams Up With FEI
New York, New York, March, 2018 - Reich & Tang is pleased to announce their selection as the preferred provider of FDIC insured cash solutions for The Financial Engineering Institute’s (FEI) network of over 2,200 wealth management professionals. Reich & Tang is a deposit specialist that provides wealth managers and family offices with a multi-million dollar FDIC insured alternative to money funds. The program offers clients high levels of FDIC insurance, increased yield potential, and decreased risk,
“We are excited to add Reich & Tang to our Expert Sourcing Team,” said FEI President and Managing Partner, Nick Gregory, ChFE, CEBA, ChFWA. “Reich & Tang is the premier provider of extended FDIC insurance products to wealth managers, and their many years of experience in the cash markets make them a tremendous resource for our network.”
Michael Lydon, President and Chief Executive Officer, added “We are very excited to partner with FEI and it is an important milestone in Reich & Tang’s mission to provide FDIC-insured turn-key solutions to family and business wealth building.
Reich & Tang joins an arsenal of best-of-breed expert sourcing firms to provide services to FEI’s network of wealth management firms, investment and insurance advisors, attorneys, and CPAs across the nation.
Reich & Tang has been offering innovative deposit and liquidity solutions to financial intermediaries and public and private investment entities since 1974. The firm is focused on creating, improving, and delivering smarter ideas to help banks, brokerages, trust managers, RIAs, and public and private sector clients to seamlessly integrate and maximize the value of their deposit, liquidity, and short-term investment programs. This singular focus across multiple business lines combines to form a unique perspective and expertise that provides a deeper insight into the multiple disciplines of cash management. Learn more by visiting www.reichandtang.com, or call 212-830-5361.
The Financial Engineering Institute (FEI), headquartered in Tampa, FL, serves over 2,200 wealth management firms, investment and insurance advisors, Attorneys, and CPAs across the nation. FEI helps these professionals harmonize the complex wealth of families and businesses through the organization’s WealthBlueprintingTM Process. FEI is also the governing body and grantor of the Chartered Financial Engineer (ChFE) professional designation. For more information about The Financial Engineering Institute, visit thefei.com or call 888.884.3332.