David Kassir Quoted in Moneywise: The Lost $30,000 CD and How Unclaimed Property Recovery Works

by | Oct 26, 2026 | Fiduciary Financial Advisor | 0 comments

David Kassir, Managing Director of Manna Wealth Management, an SEC-registered fiduciary wealth management firm, was quoted in Moneywise in an article by Christy Bieber about a saver who discovered a long-lost CD with a $30,000 balance, only to learn her bank has no record of it. The article explains where money goes when an account sits untouched for years, and how it can be recovered. David explained: ‘When a CD sits untouched long enough, the bank has to hand the money over to the state as unclaimed property. It does not vanish. The state just becomes the holder.’ He advised readers to search the unclaimed property site for every state they have lived in, and added: ‘The simplest fix of all is keeping your accounts consolidated, so your money never goes missing in the first place.’ The article was also syndicated to AOL and Yahoo Finance. Read the full article on Moneywise: https://moneywise.com/banking/banking-basics/lost-cd-bank-no-record-unclaimed-property-recovery

David Kassir

Managing Director | Manna Wealth Management
Miami Beach, Florida

Manna Wealth Management provides specialized advice to help individuals and families make smart investments for their future. For over 30 years, we’ve been helping our clients create meaningful wealth through a thoughtful and custom-tailored approach. Our mission is to unlock the potential of each individual client by offering a comprehensive range of services designed to meet their specific needs. With David Kassir as the driving force behind Manna Wealth Management, we strive to build lasting relationships with our clients.