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Amid 800-person hiring spree, TD Ameritrade interim CEO Steve-Boyle delivers sparkling results, underscores quick 100% work-at-home transition-- and calls Schwab merger efforts 'critical' and on-schedule

The Omaha, Neb. discount broker is luring net new assets as if the TD brand will be around forever, and no staff member will ever become redundant, even if its CEO's tenure will presumably self-expire

Author By Lisa Shidler May 1, 2020 at 8:39 PM
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Interim TD Ameritrade CEO Steve Boyle isn't phoning it in [except literally] though his upside is presumed to be capped.

TD Ameritrade


Steve Boyle



May 6, 2020 — 6:04 PM
I have learned that you need to double check your work and make it is done correctly. Mistakes will kill you on your time. Chris Owner CEL Financial Services IRS Registered Tax Preparer Registered bonded California CTEC Tax Preparer https://incometaxprepfillmore.com
Linda Spears

Linda Spears

November 5, 2020 — 5:43 PM
From a customer's perspective this move has been a total disaster. Two wonderful branch managers "Bob" and "Jeremy" are gone ( they were former SCOTTRADE associates). In their place are call center associates that routinely and repeatedly hang up on clients. TD moved MY account to a BRANCH several hours away and refuse to honor a request to assign it to the closest branch. I like F2F with my branch, so they at least know who I am. Is it possible they discarded long term valuable competent associates and came up with a plan to hire these lower cost, call center "trainees" & scored executive bonuses? I would NOT be BRAGGING about what you accomplished. That is my feedback. They are moving to a call center model, with limited branches with financial advisors. They have zero intention of "serving" trading clients at the branch, no matter how many millions you have invested. Let your feet do the talking.

Related Moves

May 10, 2024 at 1:29 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

Schwab 2,000-layoff aftershocks roil the industry as it's revealed top tech talent -- led by widely regarded veteran Kartik Srinivasan -- were axed, raising questions about future of Schwab innovation

Behind every layoff a human story as pink slip to an 'unbelievable talent' epitomizes company's determination to cut $500 million in expenses.

November 3, 2023 at 3:49 AM

Charles Schwab Corp. discloses imminent, sweeping 'TD Ameritrade' layoffs, indirectly revealed in new SEC filing that reports it will expense severance mostly in 2023 to gain 'incremental' $500 million synergy in 2024 and beyond

The Westlake, Texas, firm had not previously disclosed the cost of terminations -- people and offices -- or that so many of the farewells will happen by Dec. 30

August 22, 2023 at 12:46 AM

See more related moves

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TD Ameritrade
Asset Custodian
Top Executive: Tom Nally

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