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

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 ...

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