RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Morgan Stanley report: TD Ameritrade and other rivals may face pricing dilemma after Schwab price chop

San Francisco broker can cut commissions with relative impunity now that it has shifted primarily to fees

Author Brooke Southall January 8, 2010 at 5:23 AM
no description available
Walt Bettinger: After the past two years, our clients are thinking more than ever about their financial future

Frederick Van Den Abbeel

Frederick Van Den Abbeel

January 14, 2010 — 1:33 PM

Brooke, great article. Previously, to qualify for the lower pricing required that the client account elect to receive both online statements and trade confirmations in order to receive the lower price. Brooke, is the lower pricing in effect even if clients elect to receive paper statements and paper confirms?


Related Moves

Walt Bettinger axes current and former Schwab retail chiefs, Terri Kallsen and Andy Gill; funnels responsibilities to Jonathan Craig, for now

The Schwab CEO is 'restructuring,' which includes cutting the Chairman's Club program that sent 200 top performers to Hawaii on a free junket

July 24, 2019 at 12:53 AM

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

See more related moves

Mentioned in this article:

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally



RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo