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

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

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 ...

Fidelity Investments is changing its policy on cash holdings so that more of clients’ uninvested funds wind up in a ...

Starting next year, Fidelity will put cash held in nonretirement brokerage accounts in its FCash product, which pays an interest rate less than half of some money-market accounts. The move applies ...