Td Ameritrade Buys Scottrade -
Retail broker TD Ameritrade buys Scottrade in $4 billion deal
: On October 24, 2016, TD Ameritrade revealed it would buy Scottrade to gain scale in an industry pressured by the rise of low-cost index funds and robo-advisors. td ameritrade buys scottrade
: For several months after the close, Scottrade operated as a separate entity to ensure a "seamless transition" for its clients. Retail broker TD Ameritrade buys Scottrade in $4
In October 2016, TD Ameritrade announced a massive deal to acquire its rival, Scottrade Financial Services. This "helpful story" explains what happened during that merger and where those accounts are today. The Acquisition (2016–2017) This "helpful story" explains what happened during that
: The acquisition officially closed on September 18, 2017 . The Client Transition (2018)
: In February 2018 , Scottrade accounts were automatically migrated to the TD Ameritrade platform.
Retail broker TD Ameritrade buys Scottrade in $4 billion deal
: On October 24, 2016, TD Ameritrade revealed it would buy Scottrade to gain scale in an industry pressured by the rise of low-cost index funds and robo-advisors.
: For several months after the close, Scottrade operated as a separate entity to ensure a "seamless transition" for its clients.
In October 2016, TD Ameritrade announced a massive deal to acquire its rival, Scottrade Financial Services. This "helpful story" explains what happened during that merger and where those accounts are today. The Acquisition (2016–2017)
: The acquisition officially closed on September 18, 2017 . The Client Transition (2018)
: In February 2018 , Scottrade accounts were automatically migrated to the TD Ameritrade platform.
