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TD Ameritrade CEO sees RIA custody competitors adjusting to his killer strategy -- even as he whips his in-house RIA into shape

The Jersey City, N.J. custodian's under-the-radar hypergrowth rate is now also big in absolute terms, which may attract unwanted attention from absolute giants

Author Brooke Southall November 5, 2015 at 8:34 PM
Admin:
no description available
Fred Tomczyk: It's getting more competitive. There's no question people have noticed our success.

Stephen Winks

Stephen Winks

November 6, 2015 — 8:06 PM

What a dichotomy, Wall Street ignores and neglects advisory services (even opposes fiduciary duty in the best interest of the investing public) yet the fastest growing custodians see advisory services as the key to their growth. The marketplace is speaking and Wall Street is not listening.

SCW
Stephen Winks


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Mentioned in this article:

Fidelity
Asset Custodian
Top Executive: Sanjiv Mirchandani

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally

Pershing Advisor Solutions
Asset Custodian
Top Executive: Mark Tibergien



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