News, Vision & Voice for the Advisory Community


Schwab 'proactively resigns' TD Ameritrade RIA custody clients, which accounts in part for July's $20-billion net new asset [from June] hiccup

The Westalke, Texas company's chief financial officer said his firm took the action on the 'atypical custodial relationships' to stay 'consistent'

Author Brooke Southall August 15, 2023 at 2:04 AM
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Peter Crawford: We have elected to proactively resign from certain atypical custodial relationships.
Keith Girard contributed to the editing of this article.

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