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Contributor

I currently have two Managed Money accounts with USAA.  The key value proposition of these types of accounts, for me, is that: (1) I can specifiy the amount of risk and corresponding asset allocation I would like to have and (2) the investment account is continuously & actively being managed.  

 

I am currently adding money to each account via automatic transfers and sometimes through a one-time transfer.  I noticed that the transferred money is being added as Cash.  

 

I have one question:  As the cash amounts increases, when or how often will the USAA account managers invest this cash into the various funds contained in the account?

 

Thanks Much,

1 REPLY

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Hi LivingInTheWest,

 

I would highly recommend giving one of our financial representatives a call at:1-800-771-9960. They will be able to better assist you in this matter.

 

 

Thanks! :-)