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TD Ameritrade was a stockbroker that offered an electronic trading platform for the trade of financial assets. The company was founded in 1975 as First Omaha Securities . In 2006, it acquired the United States operations of TD Waterhouse from Toronto-Dominion Bank and was renamed TD Ameritrade.
In 2004, Scottrade bought an office building outside of St. Louis next to its call center to use as its corporate offices. [7] In 2006, Scottrade purchased the naming rights for the stadium of the St. Louis Blues, which was renamed the Scottrade Center (now the Enterprise Center). [9] In 2008, the company launched Scottrade Bank. [2]
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]
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.
In January 2009, it was acquired by TD Ameritrade in a cash and stock deal valued around $606 million. [ 5 ] [ 6 ] [ 7 ] In October 2020, Charles Schwab Corporation acquired TD Ameritrade and the thinkorswim platform became available for Charles Schwab customers.
Ameriprise Financial, Inc. is an American diversified financial services company and bank holding company based in Minneapolis, Minnesota. [1] It provides financial planning products and services, including wealth management, asset management, insurance, annuities, and estate planning.
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TD Waterhouse Canada Inc. is a Canadian financial services corporation headquartered in Toronto, Ontario.It is a wholly owned subsidiary of Toronto-Dominion Bank.The company does business through several divisions, namely TD Direct Investing, TD Wealth Financial Planning, and TD Wealth Private Investment Advice. [1]