Introducing Rho Treasury

Access bespoke treasury management in just a few clicks.
Author
Everett Cook
Updated
July 30, 2024
Read time
7

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The Fed’s latest interest rate hike presents a problem and an opportunity for CFOs. It signals inflation remains a threat to profit margins and cash reserves. On the other hand, a well-executed treasury management strategy in a high-interest rate environment is a competitive unlock against others who keep their cash in near-zero interest checking accounts when inflation is at 8-9%.

CFOs at the world’s biggest companies have investment managers create sophisticated treasury portfolios that leverage high-grade assets. But this is expensive, complicated, and time-consuming for other companies – until now.

Today, we’re launching Rho Treasury, a tailored treasury management offering built into Rho’s platform that helps your company put its hard-earned money to work with the same level of professionally managed treasury management services that the world’s largest companies receive.

How Rho Treasury works

Whether you are the finance lead of a startup that closed a recent funding round or a midsize capital goods company looking to insulate your capital, Rho Treasury helps you put your idle cash to work with a sophisticated treasury management strategy.

Here’s how it works: Rho customers select a custom investment policy tailored to their business’s unique liquidity and security needs, supported by Rho’s in-house investment team. Rho’s platform can also actively adjust customers’ portfolios to earn market rates while monitoring operating account balances and automatically transferring money as needed.

All it takes is three easy steps:

  1. Select your investment policy tailored to your cash flow and security needs.
  2. Connect your Rho checking account.
  3. Sit back as the Rho Treasury team scans the market and optimizes your portfolio.

It’s important to note that Rho Treasury only invests your idle cash in high-grade assets that align with your customized investment policy and liquidity needs. Rho Treasury is an SEC-registered Investment Advisor with a fiduciary obligation to act in your best interests. Think of us as an extension of your team.

How Rho Treasury is different

Let’s say you are the CFO of a Series B startup that just raised a new round of funding (congratulations). Your investors want to know you’re a good steward of their capital, so you want to put your hard-earned financing to work in an investment policy that balances liquidity with security and yield. You will face two significant problems.

First, most traditional banks will force you into using proprietary products designed to maximize their fees, not your return. Second, newer treasury providers (e.g., robo-advisors) aren’t much better. Their recommendations lack a human touch and tie your money up in pooled, rigid accounts, limiting your control and neglecting the specifics that make your organization unique. You need more than a one-size-fits-all solution and one that actively and expertly manages your money.

Making treasury management frictionless

Our mission at Rho is to make finance frictionless for organizations. The Fed has signaled that inflation and rising interest rates are here to stay for the foreseeable future, so we are focused on innovating to give finance leaders more options to tackle this prominent challenge.

When it comes to managing inflation, treasury management is an effective tool, but few companies have the time and resources to manage the complicated process actively – and others may not know where to start. With Rho Treasury, Rho customers now have access to premium corporate treasury management in the same platform where they can also manage bill payments, corporate cards, and banking. This is the power of integration.

Talk to a Rho expert today if you’d like to learn more about how Rho Treasury can help you get away from near-zero rates that banks are paying you on your idle cash.

Everett Cook
November 28, 2024
Everett Cook is the co-founder and CEO of Rho. With over a decade of experience in finance and investment management, Everett is an expert in financial structuring, macroeconomics, and fintech regulations. Before founding Rho, Everett was a macro hedge fund analyst and portfolio manager at institutions including Deutsche Bank and Point72 and led research efforts at two $1 billion+ funds. Everett worked under leaders like Steve Cohen and Mayor Michael Bloomberg early in his career.

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Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party.
The Rho Corporate Card is issued by Webster Bank N.A., member FDIC pursuant to a license from Mastercard.
Investment management and advisory services provided by RBB Treasury LLC dba Rho Treasury, an SEC-registered investment adviser and subsidiary of Rho. RBB Treasury LLC facilitates investments in securities: investments are not deposits and are not FDIC-insured. Investments are not bank guaranteed, and may lose value. Investment products involve risk, including the possible loss of the principal invested, and past performance does not future results. Registration with the SEC does not imply a certain level of skill or training. Treasury and custodial services provided through Apex Clearing Corp. ("Apex") and Interactive Brokers LLC ("Interactive"), registered broker dealers and members FINRA/SIPC. Interactive rates may vary from Apex rate shown above. For additional information about investment management and advisory services provided by Rho Treasury, please refer to Rho Treasury’s ADV-2A Wrap Fee Brochure.
             
This material presented is for informational purposes only and should not be construed as legal, tax, accounting or investment advice. Under no circumstances should any of this material be used for or considered as an offer to sell or a solicitation of any offer to buy an interest in any securities. Any analysis or discussion of financial planning matters, investments, sectors or the market generally are based on current information, including from public sources, that we consider reliable, but we do not represent that any research or the information provided is accurate or complete, and it should not be relied on as such. Our views and opinions are current at the time of publication and are subject to change. You should consult with your attorney or relevant professional advisor for advice particular to your personal or business situation.
                  
Rho Treasury is not insured by the FDIC. Rho Treasury are not deposits or other obligations of Webster Bank N.A., or American Deposit Management Co.’s partner banks, and are not guaranteed by Webster Bank N.A., or American Deposit Management Co.’s partner banks. Rho Treasury products are subject to investment risks, including possible loss of the principal invested.
*This reflects the sought net yield based on 90-day Treasury Bill rates as of [DATE] and an annual fee which ranges from 0.15% for deposits of $20M or more to 0.6% (the maximum annual fee) for deposits under $2M. Individual results may vary depending on the actual investment date and investment products selected. Past performance is not a guarantee of future performance results. The yield is variable and fluctuates without prior notice. The rate shown is net of fees. The amount of Treasury Bills available at a particular yield will depend upon the sellers’ offer size; any remaining cash balance after the purchase may not earn the same yield.
© 2019-2024 Under Technologies, Inc. DBA Rho Technologies. Rho is a trademark of Under Technologies, Inc.

Rho is a fintech company, not a bank. Checking and card services provided by Webster Bank, N.A., member FDIC; savings account services provided by American Deposit Management Co. and its partner banks.