The latest news about Schwab's purchase of TD Ameritrade

The latest news about Schwab's purchase of TD Ameritrade

| June 25, 2020
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As you may have heard the Department of Labor and shareholders have approved a merger of TD Ameritrade and Schwab. We see it as a positive development as advisors and investors are expected to benefit from the joint resources of the two great companies.

The merger of two large companies is expected to be careful and methodical and we don't anticipate feeling any impacts for many months if not years.

We have worked with TD Ameritrade for 7 years now. We know that we can always call and get help with any difficulty we run into, be it a tricky account transfer, placing a large trade, rebalancing portfolios with their amazing iRebal tool, or obtaining client account data. Their employees sound positive, happy and eager to help both advisors and our clients. TD Ameritrade was recently named Best Broker for Stock Trading Platform and Research in NerdWallet's 2020 Best-Of Awards for meeting the needs of all levels of investors with its trading platforms, award-winning customer service, $0 commissions, and large selection of mutual funds.

In 2020, Charles Schwab was selected as one of the FORTUNE Top 50 ‘World's Most Admired Companies®’. Schwab ranked #2 overall in the Securities and Asset Management category of the list, with a #1 ranking for innovation in Key Attributes of Reputation. Schwab ranked #2 overall in the 2020 Investor’s Business Daily “Best Online Brokers” Survey, and ranked #1 in the following categories: Website Security and Broad Choice of Investments.

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