RedBlack Launches Sophisticated Cash Management Capabilities
By Dominic Sow · 16 October 2025
RedBlack, a leading provider of wealth technology and managed services, today announced several new advanced cash management capabilities to its award-winning rebalancing and trading platform, further addressing advisors’ comprehensive cash management needs.
As RIAs are increasingly challenged with a mix of portfolio strategies that span single accounts to complex households, cash management often becomes a manual, time-consuming and error-prone process. In response, RedBlack has introduced several new features and functionality into its rebalancing and trading platform to address these challenges and simplify cash management.
Recent enhancements include:
- Customized default money market funds to act as sweep vehicles, enabling advisors with seamless cash management while keeping cash in higher yield vehicles.
- Account-specific sweeps allow advisors to customize sweeps for each account, reflecting client goals.
- Bulk edits across accounts allow advisors to review and manage cash actions across the entire portfolio, so they can act quickly and at scale.
- Household-level management maintains liquidity and supports client cash requirements.
- Tax-efficient cash raising minimizes taxable gains while freeing up needed cash.