TD Ameritrade

TD Ameritrade Holding Corporation

Corporate headquarters, in Omaha, Nebraska
Company type	Defunct
Industry	Financial services
Founded	1971; 53 years ago (1971) (as Ameritrade)
Fate	Acquired by Charles Schwab Corporation and shut down
Headquarters	Omaha, Nebraska, United States
Key people	Joe Ricketts (Founder) Steve Boyle (Interim President and CEO)
Services	Stockbroker Electronic trading platform
Revenue	$4.358 billion (Q3 2020)
Operating income	$1.930 billion (Q3 2020)
Net income	$1.393 billion (Q3 2020)
Total assets	$54.394 billion (2020)
Total equity	$9.568 billion (Q3 2020)
Number of employees	8,939 (2020)
Parent	TD Ameritrade Holding Co.
Website	www.tdameritrade.com
Footnotes / references [1]

TD Ameritrade was a stockbroker that offered an electronic trading platform for the trade of financial assets including common stocks, preferred stocks, futures contracts, exchange-traded funds, forex, options, mutual funds, fixed income investments, margin lending, and cash management services. The company received revenue from interest income on margin balances, commissions for order execution, and payment for order flow.

The company was founded as Ameritrade in 1971. In 2006, it acquired the United States operations of TD Waterhouse from Canadian holding company TD Bank Group and was renamed TD Ameritrade, with TD Bank Group holding a significant ownership stake in the combined company. In September 2017, the company acquired the main brokerage business of Scottrade. In 2020, TD Ameritrade was acquired by Charles Schwab Corporation and accounts were transitioned to Schwab by 2024.