WalletHub: Ask the Experts - Jumbo Money Market Accounts
![image file named dlesmond.jpg](/sites/default/files/dlesmond.jpg)
Dave Lesmond, Exxon Professor in Business and associate professor of finance, was featured in a WalletHub "Ask the Experts" Q&A on jumbo money market accounts.
People often lose out on interest by not seeking alternatives to local providers of money market accounts. For instance, local banks may offer money market assets, but at a greatly reduced rate from that offered by banks in other states. The reasoning is convenience tops return. Searching the internet for bank rates will provide a comprehensive guide for available rates.
To read the Q&A in its entirety, visit wallethub.com:
https://wallethub.com/best-jumbo-money-market-accounts#expert=Dave_Lesmond