TD Ameritrade Client Assets Surpass $500 Billion
- Created: Monday, 11 March 2013 10:43
“Over the last five years, in the midst of difficult market and economic conditions, our client assets are up over 60 percent, as we have gathered more than $170 billion in net new client assets,” Fred Tomczyk, president and chief executive officer said in a press release.
Curiously, the average of 386,000 client trades per day in February 2013 was down 6% from February 2012. A recent update from Schwab for the month of January showed an 8% gain in the number of trades.