MJP Wealth Advisors Announces Partnership with Deposit Solutions

Deposit Solutions LLC and MJP Wealth Advisors are pleased to announce the launch of a new partnership between the two firms that will provide clients of MJP Wealth Advisors with streamlined access to federally insured savings products with highly competitive rates from a curated network of financial institutions.

Clients of MJP Wealth Advisors (MJP) will benefit from seamless access to a broad array of high-yield deposit products through SaveBetter (SaveBetter.com), the direct-to-consumer savings platform built by Deposit Solutions LLC.

This is the first strategic partnership between Deposit Solutions LLC and a Registered Investment Advisor (RIA) in the United States that leverages its proprietary deposit platform. Connecting to the SaveBetter platform will enable MJP clients to complement the 40-year-old firm’s personalized investment strategies with cash-management solutions to meet their savings goals, including high-yield savings and money market deposit accounts, and no-penalty and fixed-term CDs offered by numerous banks across the country—all through the convenience of a single online account.

SaveBetter’s curated network of bank partners features community development financial institutions (CDFIs), including Ponce Bank and Central Bank of Kansas City. Receiving deposit funding through SaveBetter enables these mission-driven institutions to deploy capital to expand economic opportunity for underserved people and communities.

“MJP Wealth Advisors has decades of investment advisory experience, and we are pleased that through this new partnership, the firm’s team of financial professionals can help clients unlock the potential in their cash savings with broader and more competitive options,” said Philipp von Girsewald, CEO, Deposit Solutions LLC.

“We strive to give our clients the best guidance to reach their financial goals, from investing to wealth management. Providing them with the means to easily build a high-earning yet flexible portfolio of savings vehicles through SaveBetter, as part of our partnership with Deposit Solutions LLC, is a game-changer,” said Brian Vendig, President, MJP Advisors. “With SaveBetter, we are excited to bring this unique, turnkey financial tool to our valued clients.”