News, Vision & Voice for the Advisory Community


TD Ameritrade takes on Schwab with big consulting push

Smaller custodian will seek to democratize consulting advice on behalf of smaller advisors

Author Brooke Southall December 21, 2009 at 4:14 AM
no description available
Tom Bradley: The success of this program is the result of a powerful structure of goal-setting, follow-up and follow-through.

Dan Edwards

Dan Edwards

December 21, 2009 — 7:25 PM

Tell me more. I usually direct my rollover clients to your platform for my advisery services.

Await your reply and more about the new service…


Dan Edwards
Prism Fund Solutions, Inc.
Registered Investment Adviser (RIA)
Accredited Investment Fiduciary ® (AIF)
Professional Plan ConsultantTM (PPC)
Paladin Registry 5 Star Advisor
1679 Watermark Circle, N.E.
St. Petersburg, Florida 33702
727-580-6006 cell

Elmer Rich III

Elmer Rich III

February 16, 2013 — 2:37 AM

Is it just me or is anyone else a bit skeptical of custodians morphing into consultants, M&A advisors, tech enablers, etc? Where is the knowledge base, intellectual property, practice experience and seasoned leadership going to come from for all this?

It seems like there is plenty of profitable growth in the plain old custodian business.

Related Moves

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 at 4:30 AM

Christa Carone, an ex-Fidelity and Xerox marketing whiz, steps onto a slippery slope at LPL with a daunting task -- to consolidate a NASCAR size brand portfolio... or not?

With no CMO since August, the chief marketing officer will play catch up for a company still hungry to buy more branded B2B and B2C players.

April 2, 2024 at 1:28 AM

A canary in the coal mine, Amy Richardson left Charles Schwab & Co. for an RIA -- before the 2,000 layoffs -- now a robust job market is saving the Schwab diaspora, she says

The former Schwab director wants former colleagues to know life exists after Schwab and good job opportunities are plentiful in the financial services sector.

December 20, 2023 at 1:52 AM

Joanna Rotenberg is departing Fidelity Investments after only two years, writing that she traveled 20,000 miles and successfully split her retail division into wealth and brokerage units

At her hire, analysts were adamant the head of Fidelity retail had 'big shoes to fill' to replace legendary Kathleen Murphy and her task of 'digitiizing' retail was no small ask

December 16, 2023 at 2:22 AM

See more related moves

Mentioned in this article:

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally

Nexus Strategy
Consulting Firm
Top Executive: Timothy D. Welsh

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING

RIABiz Directory sponsored by:

Directory Sponsor Logo