Author Topic: The Charles Schwab Corporation To Acquire TD Ameritrade  (Read 1206 times)


AdrianC

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Re: The Charles Schwab Corporation To Acquire TD Ameritrade
« Reply #1 on: November 26, 2019, 04:35:56 AM »
Not sure if this is good, bad, or ugly.

Probably give me the push I needed to move my TDA accounts to Vanguard.

RWD

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Re: The Charles Schwab Corporation To Acquire TD Ameritrade
« Reply #2 on: November 26, 2019, 07:18:56 AM »
I'm stuck with TDA because of my HSA. I don't think this acquisition will be problematic, but I did find it surprising.

Swdshstallion

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Re: The Charles Schwab Corporation To Acquire TD Ameritrade
« Reply #3 on: November 26, 2019, 08:51:09 AM »
From what I've read, Charles Schwab eliminated commissions, thus scaring TD investors sending the stock down 30%, at which point they then bought TD... seems like they got a discount on acquiring a discount brokerage!

I don't think this will really impact services offered. Schwab is a pretty solid brokerage too

js82

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Re: The Charles Schwab Corporation To Acquire TD Ameritrade
« Reply #4 on: November 26, 2019, 07:24:36 PM »
Bad: Mega-mergers are bad for consumer choice.  Mergers of this size seldom benefit consumers over the long run.

Good(for me): All of my accounts(Except for my 401k) will now be under the same umbrella

MustacheAndaHalf

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Re: The Charles Schwab Corporation To Acquire TD Ameritrade
« Reply #5 on: November 29, 2019, 02:08:18 AM »
For those of us with HSAs at TD Ameritrade, I wonder if Schwab will offer $0/trade for Schwab ETFs in all HSAs at Schwab.

SpareChange

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Re: The Charles Schwab Corporation To Acquire TD Ameritrade
« Reply #6 on: November 29, 2019, 10:53:33 AM »
Yeah, I'm going to be following this, though it's not supposed to close till 4th quarter of next year. My IRA, HSA, taxable investments, and debit card are with TD Ameritrade. No complaints really. Hear good stuff about Schwab too though. Shrug.