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

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

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

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

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