Td Ameritrade Buys Scottrade May 2026

: In February 2018 , Scottrade accounts were automatically migrated to the TD Ameritrade platform.

: On October 24, 2016, TD Ameritrade revealed it would buy Scottrade to gain scale in an industry pressured by the rise of low-cost index funds and robo-advisors. td ameritrade buys scottrade

If you were once a Scottrade customer, your account has since moved again. : In February 2018 , Scottrade accounts were

Retail broker TD Ameritrade buys Scottrade in $4 billion deal : In February 2018

: For several months after the close, Scottrade operated as a separate entity to ensure a "seamless transition" for its clients.

: The acquisition officially closed on September 18, 2017 . The Client Transition (2018)