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The combined company was renamed TD Ameritrade, and TD Bank Group was given a 39% stake in the company. As part of the deal, Ameritrade sold its Canadian operations to TD Bank who merged them with TD Waterhouse Canada. [5] In January 2009, TD Ameritrade acquired thinkorswim in a cash and stock deal valued around $606 million.
Tom Sosnoff (born March 6, 1957) is an entrepreneur, options trader, co-founder of Thinkorswim [1] and tastytrade, and founder of Dough, Inc. He was senior vice president of trading and strategic initiatives at TD Ameritrade.
Sosnoff, who spent 10 years as an options-market maker at the Chicago Mercantile Exchange, created Thinkorswim in 1999 and sold it this year to TD Ameritrade for more than $600 million.
John Joseph Ricketts (born July 16, 1941) is an American billionaire businessman. He is the founder, former CEO and former chairman of TD Ameritrade. [3] He has an estimated net worth of US$4.1 billion as of 2024, according to Forbes. [4]
Best Sophisticated Brokerage: TD Ameritrade Man checks his investments TD Ameritrade runs several different trading platforms, including its core brand’s desktop, web and app-based trading.
Born in Omaha, Nebraska, [10] Thomas Stuart Ricketts is the son of Marlene Margaret (Volkmer) and Joe Ricketts, who founded Ameritrade when Tom was eight years old.Joe Ricketts let it be known that he wanted his children to establish themselves through their own hard work and would not be allowed to join TD Ameritrade until they reached the age of 30.
Account Trading Fees . Both Vanguard and TD Ameritrade have a $0 account minimum. Additionally, they allow for $0 fees for trading stocks and exchange traded funds (ETF). However, outside of these ...
In September 2017, TD Ameritrade acquired Scottrade. [4] In March 2019, Riney's family office Lightchain invested in Arch Oncology, a cancer drug startup. [8] He is a member of the Board of Directors of the Multiple Myeloma Research Foundation. [9] On the Forbes 400 2019 list, he ranked #225, with a net worth of $3.6 billion. [10]