Updated: September 18, 2017
With the acquisition of Scottrade by TD Ameritrade now complete, Scottrade President Peter deSilva highlights what’s next for Scottrade clients, and Scottrade Founder Rodger Riney reflects on the legacy of the company.
The Best is Yet to Come With the TD Ameritrade Acquisition
I pledged to keep you up to date on TD Ameritrade’s acquisition of Scottrade, and today I’m excited to let you know that it’s now complete. We’re one company. I realize this news probably raises more than a few questions, so let me start with a reassurance:
Nothing is changing right away for Scottrade clients. Scottrade and TD Ameritrade will operate as separate firms until early next year when Scottrade accounts will be transitioned to TD Ameritrade. The Scottrade name will remain in place until then. For more information and updates, I invite you to visit the Transition Hub. We’re committed to keeping you up-to-date on our progress and providing you with plenty of notice prior to any changes that may impact you.
In the meantime, you don’t have to do anything differently. You can still log in to your account, access the same tools, research and services you always have, and invest, trade and manage your money with the same low commission rates.
I think you'll be excited about the enhanced experience you'll have after the transition. TD Ameritrade shares the values instituted when Rodger Riney founded Scottrade 37 years ago. (For more about that, check out Rodger’s video below.) Plus, with TD Ameritrade, you’ll have access to even more trading and investing tools and products, along with low-cost trading and industry-leading education.
On a personal note, thank you for entrusting Scottrade with your business. I believe that the best is yet to come.