TD Ameritrade

We've written extensively about how RIA platforms/custodians have had full pipelines on the back of a continuing trend of "breakaway" brokers. We even recently wrote a story about how do-it-yourself brokerages were becoming a force to be reckoned with. Well, TD Ameritrade (Ticker: AMTD)., the parent of TD Ameritrade Insitutional, posted some good numbers.  this morning released      AMTD: Posting Record Net New Asset Flows (PDF Attached)...More

The May plunge was pretty scary, but several stock market indices continue to post solid uresults this year. The Nasdaq 100 is up 13.8% YTD, the S&P 500 is up by 8.4%. Yet, if the Q2 performance by Schwab and TD Ameritrade are any indication, retail investors remain cautious. Brad Hints of Bernstein Research writes this morning: Schwab reported operating EPS of $0.17 for Q2'12, a penny below our estimate andBrad Hintz' notes on Schwab's performance:...More

The number of advisors who are planning to boost spending has flattened after spurts of two years, a TD Ameritrade survey shows....More