How do you feel about Schwab's plan to buy TD Ameritrade?

Discussion in 'Vendors, Brokers and Product Reviews' started by TheSmelloscope, Nov 21, 2019.

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Is acquisition by Schwab a good thing for TD Ameritrade customers?

  1. Yes

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  2. No

    0 vote(s)
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  3. Not sure

    2 vote(s)
    100.0%
  1. TheSmelloscope

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    I'm sure everything will be fine, Schwab seems like a decent company. But I'm annoyed and a little bummed out because I recently went through a similar situation when Scottrade was acquired by TD.

    I just finally got used to TD and the way their platform is setup, and I've spent a significant amount of time learning how to use TD's thinkorswim software... and now it sounds like I'm going to have to learn a whole new platform again. Arrrrg.

    Plus the customer service I have received from TD has been absolutely outstanding. I really hope I can still count on the same level of attention and support from Schwab.

    What do you think? Is this a good thing or a bad thing for TD customers?
     
  2. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Don't need to sell order flow when you have all the orders, amirite?
     
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  3. TheSmelloscope

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    Ha yeah, I hadn't even thought about that.
     
  4. Optionslayer

    Optionslayer Member

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    Schwab has been my main broker for years,
    they are a full service bank also.
    I can call and speak with a real live person 24-7.

    Hopefully it will be a step up for you folk.

    We have come along way from stock certificates and sharebuilder days.
     
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  5. shaw520

    shaw520 Member

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    Currently a TD trader myself and Im just getting used to the tools and ropes,.... hope the existing platform remains.
     
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  6. TheSmelloscope

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    That's good to hear @Optionslayer . I've had similarly great customer service and platform options with TD, so hopefully it'll end up good for everyone.
     

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