What the Schwab – TD Ameritrade Merger Means for Financial Advisors
Charles Schwab is merging with one of its largest competitors, TD Ameritrade in a $26 billion all-stock deal that should close in the second half of 2020. Michael Batnick and Downtown Josh Brown of Ritholtz Wealth Management discuss what this will mean for the thousands of financial advisors who use one or both of these custodian brokers for their clients’ assets.
What do you think? Let us know in the comments below!
Be sure to subscribe to our channel so you never miss an update:
Beginning Investors, check out Liftoff:
Follow us on Twitter:
Tweets by RitholtzWealth
Follow us on Facebook:
Talk with us about your portfolio or financial plan here:
Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms & conditions disclaimer: