Td Ameritrade Buys Scottrade [ LIMITED • HONEST REVIEW ]
: The deal was split into two parts: TD Bank Group bought Scottrade Bank for $1.4 billion , while TD Ameritrade acquired the brokerage operations for $2.7 billion in cash and stock.
Retail broker TD Ameritrade buys Scottrade in $4 billion deal td ameritrade buys scottrade
: Customers kept their assets but gained access to TD Ameritrade’s tools, such as the thinkorswim platform, though some missed Scottrade’s specific mutual fund policies. Where are those accounts now? : The deal was split into two parts:
: The acquisition officially closed on September 18, 2017 . The Client Transition (2018) such as the thinkorswim platform