Cash Management 

Harpswell works with institutions who maintain a meaningful cash position and seek returns beyond what is offered by a bank account.   We work closely with your finance team to define the time horizon, liquidity needs, targeted returns and volatility threshold to create investment policies that best fits your needs.   Then, we execute using a custom plan that utilizes the best asset classes for you.   Assets are easily transferred between external bank accounts and Harpswell on a same-day basis.

Typical allocations include:  laddered bonds (treasury bonds, treasury bills, agency bonds, and corporate bonds); CDs (bought at institutional rates); select bond funds; and lower volatility equity funds.  All allocations are determined based on each client’s individual mandate.   Harpswell tactically shifts between funds and laddered bonds when the firm feels it can opportunistically target higher yields or lock-in interest rates which meet or exceed desired goals.