Mohacsy's Safe Portfolio Member Forum

[jbsliverer]

Remember this merger, notification was months ago. Hope that doesn't lose ToS, really like that app.

TDA current

Since Charles Schwab acquired TD Ameritrade, we've been working together to build something special for clients. Now that it's nearing the point where two great firms become one, we want you to know what you can expect from your upcoming Schwab experience.

What you can continue to expect from TD Ameritrade
Until all TD Ameritrade clients are moved over to Schwab, we'll continue to provide an industry-leading experience for self-directed investors and traders. You'll enjoy the same award-winning trading technology, personalized education, and responsive service you've always relied on to help you pursue your financial goals.

Moving made easy
We're committed to making your move to Schwab as smooth and simple as possible. We'll let you know your transition date about three months before your account is scheduled to move. And you'll be kept informed every step of the way. While there won't be much you'll need to do, it will be clear when there's action you need to take. That way, you'll be all set to go on day one at Schwab.

Barron's 2019-20

Charles Schwab and TD Ameritrade made it official: The companies announced plans to merge on Monday, with Schwab buying TD in an all-stock transaction that values TD at $26 billion, confirming reports from last week.

TD shareholders would receive 1.0837 Schwab shares for each TD share, a 17% premium over the 30-day average price that the stocks traded at before news of the deal broke on November 20.

Charles Schwab’s acquisition of rival TD Ameritrade just cleared a major hurdle by securing the blessing of the Department of Justice’s Antitrust Division, according to a news release Thursday morning.

The planned merger, announced in November, would add to Schwab’s heft as a major discount brokerage, but it would also create a huge custodian to independent financial advisors. Custodians hold the assets of RIA firms’ clients, execute trades for them, and provide advisors with important technology.