Is there a minimum deposit to get started with Waldo?

No. There is no minimum deposit required to open or fund a Waldo account.

What is Waldo's management fee?

Waldo charges 0.50% annually on assets up to $10 million, and 0.10% annually on assets above $10 million. Fees are calculated daily and charged monthly.

What is the SIPC coverage on a Waldo account?

Accounts are protected by SIPC coverage up to $500,000, including up to $250,000 for cash. Alpaca Securities also maintains excess SIPC coverage providing additional protection up to $75 million per customer account.

Do I need to switch banks to use Waldo?

No. Waldo works alongside your existing banking relationships. You can continue using your current bank for operating activities while using Waldo to manage excess cash.

How liquid is money held with Waldo?

Most Waldo portfolios are designed to provide daily liquidity. You can request a withdrawal at any time, and funds are typically delivered to your linked bank or via wire within 1 to 3 business days after settlement.

Who can open a Waldo account?

Waldo is available to U.S. businesses, startups, LLCs, corporations, non-profits, trusts, and other eligible entities.

Earn up to a 1% match on your first deposit*

Maximize yield on company cash without switching banks.

High yield business accounts for startups, SMBs, funds and enterprises. Best in class yield with SIPC insurance coverage up to $75M.

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No minimum · No need to switch banks · Free to get started

Waldo dashboard, select your investment strategy

Portfolios powered by world-class asset managers and partners

Core portfolios Explore more portfolios →

Issuer Rotation

Continuously evaluates comparable securities and rotates between issuers when yields, fees, or market conditions create a more attractive risk-adjusted opportunity.

Intelligent Drift Rebalancing

Automatically monitors and rebalances your portfolio to maintain target allocations, risk exposure, and liquidity objectives.

Policy-Aware Treasury Advisor

Understands your cash policies, investment guidelines, and business context to provide tailored treasury guidance and proactive recommendations.

AI Advisor Insights

Select an investment strategy that matches your company's risk tolerance and liquidity needs. Then, chat with your AI Advisor for insights about yield, risk and hedging ideas where your business is over-concentrated.

Whether you're looking for stable returns in T-bills, higher yield, risk hedging or a calculated allocation to crypto, Waldo provides flexible, automated investment strategies that work for you.

Waldo AI advisor chat interface showing portfolio insights

Risk Management

Manage Balance Sheet Risk

Work to mitigate interest rate, currency, commodity, political or sector-specific risks with Waldo's risk management strategies.

Portfolio risk management and hedging options in Waldo

Secure Custody

Client assets are held as securities via DTCC, never loaned or leveraged, with Extended SIPC coverage up to $75M*.

Secure asset custody and account protection details in Waldo

Power Up Your Treasury

Equip your finance and operations teams with tools to optimize idle cash, manage risk, and execute payments, all in one seamless platform.

Liquidity

Same‑Day

Withdrawals: access cash immediately with same-day liquidity.

Strategy Profiles

10+

A diverse array of investment strategies tailored to your business.

SIPC Coverage

$75M

Excess SIPC insurance coverage on your account.*

Proactive Management

Including automated drift rebalancing, issuer rotation and a policy aware treasury advisor.

Enterprise-Grade Security

Keep your funds in a trusted platform. Waldo is SOC II certified with bank-level encryption and data protection.

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Put your money to work.

Start earning yield on your company's idle cash today. No complexity, no switching banks.

No minimum · No need to switch banks · Free to get started

Connect your bank account to Waldo to start earning yield