Surveys: Report on Asset Management Accounts - 2009
This survey report presents a comprehensive set of data related to Asset Management Accounts at participating firms, including: features offered and selected (for example: Billpay); number of accounts; account asset value; annual and feature-specific fees; relationship pricing; check writing and debit/credit card programs; reward programs; risk management practices and procedures; and operations, including sweep options and customer services via the internet.
This year’s report covers data from thirteen SIFMA member firms. As of December 31, 2009, these firms employed 176,382 individuals and had assets in AMA accounts of over $1.5 trillion (based on the number of accounts and the average asset value per account).