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◆Client-fund interest: why a rate change reaches earnings at different speeds ◆Non-accrual loans: why cost and fair value tell different stories ◆Retail returns: the sale that has to stay sold ◆Cashless warrant exercise: new shares without new company cash ◆Fund manager AUM can rise while clients take money out ◆Index inclusion brings share buyers. Who receives the cash?

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Articles About BILL (BILL - New York Stock Exchange) Stock

Client-fund interest: why a rate change reaches earnings at different speeds

November 8, 2026 By Theo Grant 5 min read
Stocks mentionedADPPAYXBILL
Hands reviewing documents beside a calculator and smartphone on a wooden table

Payroll and payment platforms earn interest on customer balances. ADP, Paychex and BILL show why yields, maturities and funding costs need separate checks.

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Recent Posts

  • Client-fund interest: why a rate change reaches earnings at different speeds
  • Non-accrual loans: why cost and fair value tell different stories
  • Retail returns: the sale that has to stay sold
  • Cashless warrant exercise: new shares without new company cash
  • Fund manager AUM can rise while clients take money out

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