The Compound and Friends
The Compound and Friends
The Compound
What the Schwab - TD Ameritrade Merger Means for Financial Advisors (with Josh and Michael)
12 minutes Posted Nov 26, 2019 at 7:36 am.
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Charles Schwab is merging with one of its largest competitors, TD Ameritrade in a $26 billion all-stock deal that should close in the second half of 2020. Michael Batnick and Downtown Josh Brown of Ritholtz Wealth Management discuss what this will mean for the thousands of financial advisors who use one or both of these custodian brokers for their clients' assets. 

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