Charles Schwab & TD Ameritrade

November 25, 2019

As you may have heard in the news, Charles Schwab and TD Ameritrade have reached an agreement for Schwab to acquire TD Ameritrade. The combined company will retain the Schwab name, and will reflect the best that each legacy firm has to offer, including leading custodial services and trading platforms.

For now, the transaction is subject to customary closing conditions and is expected to close in the second half of 2020. During that time, there will be no impact on your relationship with Windsor, and we don’t expect any meaningful impact going forward with a larger, consolidated custodian.