Profile: TD Ameritrade Holding Corp (AMTD.K)
17 Apr 2014
TD Ameritrade Holding Corporation (TD Ameritrade), incorporated on April 1,2002, is a provider of securities brokerage services and technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs).The Company provides its services predominantly through the Internet, a national branch network and relationships with RIAs.
The Company provides products and services, such as touch-tone trading; trading over the Internet; unlimited, streaming, free real-time quotes; extended trading hours; direct access to market destinations; and commitment on the speed of order execution. The Company contracts with an external provider for futures clearing. The Company also contracts with external providers to facilitate foreign exchange trading for its clients.
The Company delivers products and services aimed at providing a comprehensive, personalized experiences for active traders, long-term investors and independent RIAs. tdameritrade.com Web Platform is the Company's core offering for self-directed retail investors. The Company offers sophisticated tools and services , including alerts, screeners, conditional orders, free fundamental third-party researches and a customizable workspace. SnapTicket conveniently stays at the bottom of the browser window no matter where investors navigate on the site, so that quotes may be accessed and trades placed seamlessly at a moment's notice. Free planning tools are also provided, such as Portfolio Planner to efficiently create a bundle of securities to trade, invest and rebalance and WealthRuler to realistically assess retirement needs.
Trade Architect is a Web-based platform that helps active investors and traders identify opportunities and stay informed. thinkorswim is a downloadable desktop platform designed for advanced traders, featuring easy-to-use interfaces, elite-level trading and analytical tools, and fast and efficient order execution for complex trading strategies. thinkorswim clients trade a broad range of products including stock and stock options, index options, futures and futures options, foreign exchange and exchange-traded funds (ETFs).TD Ameritrade Mobile allows on-the-go investors and traders to trade and monitor accounts from Web-enabled mobile devices with features such as alerts, research and streaming market commentary. Access is available through the TD Ameritrade Mobile App, the more advanced TD Ameritrade Mobile Trader App or via a mobile browser at the TD Ameritrade Mobile Site.
TD Ameritrade Institutional is a provider of comprehensive brokerage and custody services to more than 4,500 independent RIAs and their clients. The Company's advanced technology platform, coupled with personal support from the Company's dedicated service teams, allows RIAs to grow and manage their practices more effectively and efficiently while optimizing time with clients. Additionally, TD Ameritrade Institutional provides a robust offering of products, programs and services.
Products and Services
The Company's ETF Market Center offers the Company's clients over 100 commission-free ETFs, each of which has been selected by independent experts at Morningstar Associates, LLC. Trades in these ETFs are commission-free, provided the funds are held for 30 days or longer. The Company's Website includes an ETF screener, along with independent research and commentary to assist investors in their decision-making. The Company offers a full range of option trades, including complex, multi-leg option strategies. The Company offers futures trades, as well as options on futures, in a wide variety of commodities, stock indices and currencies. The Company offers access to trading in over 100 different currency pairs. Clients can compare and select from a portfolio of over 13,000 mutual funds from fund families, including a broad range of no-transaction-fee (NTF) funds. Clients can also easily exchange funds within the same mutual fund family. Fixed income.
The Company offers its clients access to a variety of Treasury, corporate, government agency and municipal bonds, as well as certificates of deposits. The Company offers primary and secondary offerings of fixed income securities, closed-end funds, common stock and preferred stock. The Company offers FDIC-insured deposit accounts and money markets mutual funds to its clients as cash sweep alternatives. Through these relationships, the Company also offers free standard checking, free online bill pay and ATM services with unlimited ATM fee reimbursements at any machine nationwide. The Company offers access to a full range of competitively priced fixed and variable annuities provided by insurance carriers. The Company provides its clients with an array of channels to access its products and services. These include the Internet, the Company's network of retail branches, mobile trading applications, interactive voice response and registered representatives via telephone.
Client Service and Support
The Company's websites provide basic information on how to use the Company's services, as well as an education center that includes a selection of online investing courses. Ted, the Company's Virtual Investment Consultant, is a Web tool that allows retail clients to interact with a virtual representative to ask questions regarding its products, tools and services. The Company offers a nationwide network of over 100 retail branches, located primarily in l metropolitan areas. Clients are encouraged to use e-mail to contact the Company's client service representatives.
The Company's operating standards require a response within 24 hours of receipt of the e-mail. For clients who choose to call or whose inquiries necessitate calling one of the Company's client service representatives, the Company provides a toll-free number that connects to advanced call handling systems. These systems provide automated answering and directing of calls to the proper department. The Company's systems also allow linkage between caller identification and the client database to give the client service representative immediate access to the client's account data when the call is received. Client service representatives are available 24 hours a day, seven days a week.
The Company's subsidiary, TD Ameritrade Clearing, Inc. (TDAC), provides clearing and execution services to TD Ameritrade, Inc., the Company's introducing broker-dealer subsidiary. Clearing services include the confirmation, receipt, settlement, delivery and record-keeping functions involved in processing securities transactions. The Company's clearing broker-dealer subsidiary provides back office functions: Extending credit in a margin account to the client; Engaging in securities lending and borrowing transactions; Settling securities transactions with clearinghouses, such as The Depository Trust & Clearing Corporation and The Options Clearing Corporation; Settling commissions and transaction fees; Preparing client trade confirmations and statements; Performing designated cashiering functions, including the delivery and receipt of funds and securities to or from the client; Possession, control and safeguarding of funds and securities in client accounts; Processing cash sweep transactions to and from insured deposit accounts and money market mutual funds; Transmitting tax accounting information to the client and to the applicable tax authority, and Forwarding prospectuses, proxy materials and other shareholder information to clients.
TD Ameritrade Holding Corp
200 South 108th Avenue
OMAHA NE 68154
Company Web Links
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