TD Ameritrade Institutional has launched its own RIA matching service for mergers and acquisitions, succession planning and next generation talent.
The new RIAConnent service enables virtual introductions between buying and selling firms. Its sister portal, RIAConnect NextGen provides a space for firms to screen graduates and career-changers looking for part-time or full-time work by location, years of work experience, professional designation and field of study.
“We can use technology to help our clients find and recruit top talent from our nation’s colleges and universities, increase diversity in the profession, and address succession planning—all of which is essential to helping RIAs compete and thrive for years to come,” said Kate Healy, Managing Director of Generation Next at TD Ameritrade Institutional.
The service comes at no additional cost to RIAs custodying with TD Ameritrade Institutional. Advisors can access the portals through VeoOne, TD Ameritrade's account management technology platform.
The announcement comes just a week after Ryan Shanks launched FA Match 2.0, which allows advisors and firms to filter compatibility, using factors like AUM, geography, advisor experience, fee models and more.
