Morgan Stanley will raise rates on some customers’ uninvested cash in advisory accounts, a spokeswoman confirmed Wednesday. Effective Aug. 1, clients with $250,000 or more in deposits in the ...

A CD can help you lock in a high rate or save for future goals, but a money market account offers other benefits.

Morgan Stanley is the latest wealth manager to say it will increase the interest rate it pays on uninvested client cash in advisory sweep accounts. Higher yields are likely to please customers ...

Morgan Stanley Raises Rates on Cash. It’s a Sign of Pressure Across Industry. Morgan’s policy change comes as analysts question whether more wealth managers will be forced to pay higher ...