BofI Advisor is able to provide high-yield banking products due to a fundamental principle that allows them to cut costs and pass savings onto their clients. BofI Advisor is a division of BofI Federal Bank, an FDIC insured and publicly traded (NASDAQ:BOFI) bank. BofI Federal Bank offers traditional banking and loan services entirely over the Internet, therefore saving customers from the cost of a branch network.
With the help of BofI Advisor, Financial Advisors are able to provide these low-risk, high-yield core banking products to their clients:
- Select Money Market accounts: Provide a highly competitive rate, plus liquidity, flexibility and accessibility along with limited check writing privileges
- Select Checking accounts: Opportunity to earn interest along with high yields that beat the competition
- Select Savings accounts: Highly competitive rate along with the opportunity to earn interest compounded daily on qualified balances
- Select Certificate of Deposits: High rates, high returns, and no risk
The concierge financial services are a unique package of financial investment tools and core banking products. Their main focus is to help Financial Advisors steer their clients toward high yield, low-risk returns.
Financial Advisors interested in BofI Advisor’s high yield banking products should visit https://www.bofiadvisor.com/Advisors.aspx or contact (866) 923-7114.