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New TD Ameritrade CEO, fresh from bank, will 'reassess' putting TD brand on products and redefining open architecture

Tim Hockey, poised to meet advisors in San Diego next week, allows that RIA business is a 'real gem' but may also be priming the pump to put more proprietary products on the shelves at 600 TD and Scottrade branches

Author Janice Kirkel January 26, 2017 at 11:05 PM
1 Comment
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Tim Hockey: I understand why advisors might be nervous about that.

RIA Custodians


Stephen Winks

Stephen Winks

January 27, 2017 — 5:36 PM
Bold new leadership in innovation is required in the fiduciary era with emphasis on (!) prudent process (asset/liability study, investment policy, portfolio construction, performance monitor, authenticated back to objective, non-negotiable fiduciary criteria), (2) advanced technology and (3) a retooled product menu. Whoever fills this leadership vacuum will win massive market share. Proprietary product will have little impact on the industry at large, but prudent process and advanced technology will. Real pros at the helm will reorder the industry around advisory services. SCW

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Mentioned in this article:

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally



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