BofI Advisor is a division of BofI Federal bank-- an internet-based, FDIC insured, publicly traded (NASDAQ: BOFI) bank. Being internet based, BofI Advisor is able to sidestep the high overhead costs of a branched network. It therefore passes these savings onto customers in the form of high yield banking products with competitive rates.
This allows BofI Advisor to provide high interest Select Checking accounts without sacrificing convenience. Combine the access and convenience of checking with the earning power of savings and watch your clients’ accounts grow.
Select Savings accounts are another popular option for financial advisors. Interest is compounded daily on balances $10,000 and greater. FDIC Insured Select Money Market Savings Accounts are available for Select Clients who want a highly competitive rate, plus liquidity, flexibility and accessibility with limited check-writing privileges.
Select Certificate of Deposits offer high rates, high returns, and virtually no market risk. Certificates of Deposit are designed to reward depositors who deposit funds and leave them on deposit for a specific length of time. Certificates of Deposits from BofI Advisor range from three months to five years, with rates incrementally increasing per period.