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StoneCastle Cash Management hires Eric J. Edstrom as managing director

Christian Fernsby |
New York, N.Y., USA - StoneCastle Cash Management, an administrator of insured cash solutions, announced the hiring of Eric J. Edstrom as managing director.

Mr. Edstrom has amassed more than 20 years of expertise in bank products, FDIC insured sweep accounts, and cash management strategies through his various successes at well-respected financial firms.

Mr. Edstrom joins StoneCastle from Charles Schwab where he was Managing Director, Deposits and Payments.

Prior to joining Schwab, Mr. Edstrom was Head of Affluent Client Product and Strategy with SunTrust Bank, where he implemented their multi-billion dollar bank sweep program for the SunTrust brokerage platform.