We wanted to provide you some additional detail regarding the TD Ameritrade-to-Schwab transition.
Schwab first acquired TD back in 2019 and will be finalizing the merger on Sept 5th 2023.
We want to be clear that there will be no changes in costs, with your relationship to MD Financial, or to your investment strategy. The only noticeable change will be that your login is no longer through AdvisorClient, but instead through Schwab Alliance.
There will be more information regarding login changes in August of 2023.
Some information about Schwab:
Established in 1971 (over 50 years ago)
They manage $7.65 Trillion in client assets
Schwab supports 15,000 independent advisor firms
Schwab itself has 36,000 employees across the US
They have a long history of working with the independent advisor
Read more here.
If you have any questions or concerns, please reach out. We love to hear from you.
CONTACT US
1-888-256-6855
Josh Lantz, CRPC®, CIO and Financial Advisor at MD Financial works diligently with all our teams to coordinate the services we provide for our clients. He wants to make sure all our clients have sound, fiscally responsible, financial plans and feel more comfortable about their future. He can be reached at Josh@mdfinancialadvisors.com.