To keep your spare cash growing, consider placing it in a high-yield savings account or investing in securities with strong return potential. Letting your money sit idle is a missed opportunity to ...

Learn how credit sweeps automate cash management to reduce debt costs. Discover examples and understand their benefits for ...

Long maligned by investors, cash sweep accounts that offer very low interest rates have been getting hit from all sides of late, whether it’s in the form of lawsuits, regulatory fines or the exodus of ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Ameriprise on Monday became the latest brokerage to be sued over its cash sweep account program, facing allegations that the company failed as a fiduciary by keeping big spreads for itself rather than ...

American Portfolios Financial Services, now part of Osaic, allegedly failed to abide by its stated policies regarding cash ...

The legal scrutiny of how banks and brokerages treat their customers during high interest rates intensifies as the phase is drawing to a close. Many large U.S. banks are accused of deceiving clients ...

Imagine signing up to a market-leading internet provider, only to discover sometime later that not only were other companies offering better deals, but your provider hadn’t exactly broken its back to ...

Senior female counselor gestures as she talks with a young couple during a marriage counseling session. The investing information provided on this page is for educational purposes only. NerdWallet ...

You might not think about the idle cash in your brokerage account very often. But behind the scenes, your money may be earning your brokerage company a lot more interest than it is earning you. Cash ...

Banking giant Wells Fargo & Company and two of its affiliates, Wells Fargo Clearing Services LLC and Wells Fargo Advisors—are being sued by an investor who alleges the firm breached its fiduciary duty ...