TD Ameritrade
Leading online broker.
Headquarters:
4211 South 102nd Street
Omaha, NE 68127
Employees: 4,611
CEO: Joseph Moglia
Stock Symbol: AMTD
Website:
http://www.amtd.com
Career
Site
TD Ameritrade
is a leading online brokerage. The company was formed with the
2006 merger of Ameritrade and the brokerage division TD Waterhouse
USA from TD Bank Financial Group of Canada.
Customers can buy and sell stocks online
for $9.99 per trade. Options trading, bonds and mutual fund purchases
are also offered. Trading is also offered in the United Kingdom.
The company had $309 billion in client
assets. At the end of June 2008, TD Ameritrade reported average
client trades per day of 297,588.
In fiscal 2007, the company reported revenues
of $2.17 billion and net income of $645.9 million.
History
1971 -
The Company is established as a local investment banking firm.
1975 -
First Omaha Securities, Inc., later named First National Brokerage
Services, Inc. and then Accutrade, Inc., opens its doors as a
retail discount stockbrokerage firm.
May Deregulation of the brokerage
industry. Negotiated commissions become available to individual
investors. J. Joe Ricketts and his partners start one of the
first firms to offer negotiated commissions - later to become
known as discount brokerage.
1983 -
AmeriTrade Clearing, Inc. (formerly AmeriTrade, Inc.) is established
as a clearing broker.
1987 -
The Company becomes TransTerra Co., the holding company for AmeriTrade
Clearing and the Company's discount brokerages.
1988 -
Accutrade introduces touch-tone telephone trading.
1994 -
Aufhauser is the first brokerage firm to offer Internet trading
via its WealthWEB® (August 1994). Company launches Ceres
Securities, Inc.
1995 -
Accutrade offers trading via a portable communication device.
Company acquires K. Aufhauser & Company, Inc.
October The Company acquires All
American
1996 -
November TransTerra Co. becomes Ameritrade Holding Corporation.
May The Company launches eBroker,
a trade name and division of All American Brokers, Inc., an Internet-only
broker.
January Accutrade launches Accutrade
for Windows, the first online investing system that permits individual
investors to engage in program investing and basket trading.
1997 - March Ameritrade's IPO opens with an initial
price of $15 per share (split adjusted: $1.25).
February Ameritrade Holding Corporation
files its registration statement with the SEC with respect to
its initial public offering (IPO).
October Ameritrade Holding launches
Ameritrade, Inc., incorporating the most popular features of
Aufhauser, Ceres, and eBroker in one firm and offering breakthrough
pricing of $8 Internet trades.
2001 -
July Agreement to acquire National Discount Brokers Corporation
is announced.
2005 -
June - Ameritrade announces it has entered into a definitive
agreement to acquire TD Waterhouse.
2006 -
January - Ameritrade shareholders approve the proposed acquisition
of TD Waterhouse. The transaction closes, combining two complementary
organizations to create TD AMERITRADE.
Benefits
TD Ameritrade offers a competitive compensation
package and an exceptional benefits package including medical,
dental, performance-based Bonus program, PTO, 401K, tuition assistance
and more.
Updated August 30, 2008
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