Td Ameritrade Buys Scottrade May 2026

: On October 24, 2016, TD Ameritrade revealed it would buy Scottrade to gain scale in an industry pressured by the rise of low-cost index funds and robo-advisors.

: 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? td ameritrade buys scottrade

: In February 2018 , Scottrade accounts were automatically migrated to the TD Ameritrade platform. : On October 24, 2016, TD Ameritrade revealed