The company is changing a policy that will affect how much some clients earn on cash held in non-retirement accounts.

Fidelity is especially well positioned to avoid legal challenges against its sweep rate because FCash's 2.32% yield, which is ...

Starting next year, all of its existing RIA non-retirement clients' cash balances will be moved from higher-yield money ...

Next year, custody, non-retirement brokerage accounts will convert and default to Fidelity's FCASH sweep holding option.

Recently, Fidelity began notifying RIAs that it will default all non-retirement cash to its in-house option, FCASH. Beginning ...