NSI Special Message

Exciting News: Charles Schwab and TD Ameritrade to join forces

In groundbreaking news today, Charles Schwab and TD Ameritrade have reached an agreement for Schwab to acquire TD Ameritrade in a $26 billion blockbuster deal. The combined entity will retain the Schwab name and result in more than $5 trillion in client assets.  The acquisition is scheduled to close, pending regulatory review, in the second half of 2020.

While additional details will be released in due time, it is expected that the combined company will feature the best of what both firms have to offer and we are excited to see the results. In the meantime, it will be business as usual for Nelson Securities and our valued Managed Account and Advisory clients held at TD Ameritrade Institutional.

If you have questions, don’t hesitate to call your Nelson Advisor at 800-345-7593.

Sincerely,

Your Nelson Securities Team