TD Ameritrade Review


Trust Score 94%
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TD Ameritrade, federally registered in 1998, is a Registered Investment Advisor (RIA) in 53 state(s) with a licensed staff of 23 advisors. TD Ameritrade manages $19.7 billion and provides investment advisory services for 161,250 clients (1:7011 advisor/client ratio).

TD Ameritrade requires a $25,000 minimum investment and charges a blended rate between 1.00% and 0.55% for ongoing portfolio management services, depending on the size of the portfolio.

Benefits


  • Firm uses a transparent fee-only model
  • Firm uses a trusted custodian
  • Firm has $1B or more in assets under management

Considerations


  • There is only one licensed advisor for every 7011 clients (industry average 1:50)
  • Firm is a broker-dealer, or is affiliated with one, and may be subject to compensation-related conflicts of interest
  • Firm actively engages in insurance sales and may be incentivized to insure clients with products that generate high sales commissions when lower cost alternatives may exist

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Managed Investing


Feature Value
Estimated Fees (Annual) $0 on $100,000 portfolio
Annual Management Fee Notes None
Minimum Investment $25,000
Minimum Annual Fee $0
Average Account AUM $122,123
Hybrid Advisor Yes
Disciplinary History No
Total AUM $19.7 billion
Advisor / Client Ratio 1:7011
Headquarters Omaha, NE
SEC Filings Forms and Brochures


Annual Fee Ranges Percent
$0 to $250,000 1.00%
$250,001 to $500,000 0.70%
$500,001+ 0.55%


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