The migration to Schwab is supposed to take place in 2023, four years after the acquisition. The cold calls started shortly after the Schwab acquisition was announced, so I'm leery. In over 20 years with Ameritrade/ TD Ameritrade I had never, ever received a cold call from a broker. Shortly after the acquisition by Schwab was announced 3 years ago, I started receiving cold calls from brokers who said they were from TD Ameritrade. The email touted additional "products and services" Schwab will bring to the table.įact is, I don't need additional products and services such as "Personalized Indexing" and a personal account "advisor". Today I received an email touting the upcoming conversion of my TD Ameritrade account to a Schwab account, nearly 3 years after the acquisition of TD Ameritrade by Schwab.
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