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How TD Ameritrade wins clients $47 million at a time

UBS brokers double take-home pay with breakaway

Friday, November 13, 2009 – 5:19 AM by Brooke Southall
Admin:
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Jim Scanlon: I was not a big producer so [my boss] could say: I need you to be in this meeting.

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TD Ameritrade's board suddenly pushes out Tim Hockey after his big misread of RIAs; Tom Bradley name-dropped as successor

The CEO broke the TD promise never to compete with RIAs, took it back and got sent packing

July 23, 2019 – 4:30 AM

Infamous stockbroker resolves civil suit stemming from violent tirade -- the apparent final chapter in an incident that went viral and forever branded him the 'Fairfield Smoothie Guy'

Broker Jim Iannazzo went all out with high-powered attorneys and slick Las Vegas crisis pr team to limit the damage from his actions, but whether he can ever live down the incident remains to be seen.

September 1, 2022 – 5:11 AM

UBS bets its 'wealth' future on ex-Schwabbie Naureen Hassan, a corporate digital A-lister, who analysts give a fighting chance to transcend PaineWebber's ossified culture

Still a $2-billion cash-flow cow, the Swiss bank's 6,000-broker, US-based wirehouse is milking aging broker relationships with aging investors but needs a new kind of human presence, empathy, mindset and smarts to draw in Gen Z.

July 16, 2022 – 1:35 AM

Robinhood gets 'brilliant' upper manager -- and a spare CEO -- by nabbing TD Ameritrade's ex-thinkorswim top exec, hopefully to throw a lifesaver to Robinhood's sinking stock

The Menlo Park, Calif., firm nabbed Steve Quirk as first-ever chief brokerage officer to 'bridge the gap between academia and reality.'

January 6, 2022 – 10:33 PM

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Mentioned in this article:

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally




Joseph A

Joseph A

November 16, 2009 — 9:08 PM

There certainly has been a boom in entrepreneurial activity in the RIA space, one that I hope is sustained. Beyond choosing a worthy custodian, new RIA firms have to work quickly to establish a foothold in the business. In 3 to 5 years, there may be a boomerang effect with the advisors that didn’t do enough to market and manager their firrm to cut it on their own- whether other RIAs absorb them or they go back to the wirehouse types is another question.

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