What Are the Minimum Balance Requirements for a Portfolio Management Account?
A minimum deposit of $10,000 is required to open a cash management account. You may make your opening deposit in funds or marketable securities having a market value of at least $10,000, or a combination of cash/funds and securities. How Do You Apply for a Portfolio Management Account? To learn more about about cash management solutions or to apply for a cash management account, stop by your nearest M&T Bank branch to speak to an M&T Securities Financial Consultant or contact M&T online for your personal or business needs. We can also be reached at 1-800-724-9949.
Related Questions
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