Schwab acquisition of TD Ameritrade

| November 27, 2019
Share |

Schwab acquisition of TD Ameritrade:

This week we've learned about Charles Schwab and TD Ameritrade agreed on the deal. We want to assure you we are working proactively in communication with TD Ameritrade to understand what this may mean for our clients. We think it's good news and we will benefit from wider array of good investment options and advisor tools. One thing to consider: when TD Ameritrade acquired Scottrade in 2016, the acquisition took 13 months to finalize. Disruption to our business is not likely in the near future, in our opinion. Of course, we will keep you informed as more information becomes available.

Share |