some use Fidelity CMA because it has cash sweep options that pay decent % w/o the need like in Schwab to sell good MMFs manually ( and auto-liquidation feature in Fidelity will let you use even better MMFs than those available by default , auto-liquidation means that you do not need to sell MMF manually to fund bill payments, withdrawals, etc ) ... but some people with a lot of $$$ in Schwab indicated that some time in the past they were able to ask Schwab to let them the have good MMF as a cash sweep ... but with a lot of $$$ - and not a guarantee ... so do you really want Schwab ?Wondering how others store ready money at Schwab without taking a total hit on the interest?
Statistics: Posted by SP000 — Fri Sep 05, 2025 10:49 am — Replies 5 — Views 255