New solution offers FDIC protection and modern banking tools — all within LPL’s integrated platformSAN DIEGO, Nov. 12, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading wealth management firm, today announced the launch of its Cash Management Account (CMA), a solution designed to simplify clients’ financial lives by integrating traditional banking features with investing. The CMA combines the convenience of modern banking features with the strategic benefits of investment flexibility. Clients can manage ...

Core Insights - The article emphasizes the distinction between high-income earners and wealthy individuals, highlighting that a high salary does not equate to wealth if financial management is lacking [1] Financial Strategies for High-Income Earners - The article discusses a playbook for high-income earners, suggesting they create an emergency fund of three to six months' worth of expenses to handle unexpected financial challenges [3] - It recommends that individuals with balances over $50,000 should consider cash management accounts (CMA) to earn higher interest rates of 2.5% to 5% while maintaining liquidity [4] - The playbook advises maximizing health savings account (HSA) contributions, which are tax-advantaged and provide triple tax benefits, including tax-deductible contributions, tax-free growth, and tax-free withdrawals for qualified medical expenses [4][5] - It is noted that many individuals fail to invest the funds in their HSAs, which is a missed opportunity for growth [6]