TDAmeritrade and Schwab are coming together. Here's what you need to know.
Since Charles Schwab acquired TD Ameritrade, we’ve been working to bring together our complementary strengths—including our innovative services, industry-leading platforms, and long-standing commitment to low costs. You’re getting closer to the day that Schwab welcomes you as a client, so we want you to have the information you need to make your move as seamless as possible.
What you can continue to expect from TDAmeritrade
Until your account moves to Schwab, continue to trade and invest with us as usual. Keep logging in to your accounts just as you always have. And continue to count on the same industry-leading experience for self-directed investors and traders. Pursue your financial goals with the award-winning technology, personalized education, and responsive customer service you’ve always relied on.
We began moving TD Ameritrade accounts to Schwab in groups in 2023. Plus, great news—the thinkorswim® suite of platforms are now available at Schwab.
Moving made easy
We’re committed to making the move to Schwab as smooth and simple as possible. We’ll let you know your transition date about three months before your account is ready to move. And you’ll be informed every step of the way. Although there is very little that you need to do, it will be clear when there’s action that you need to take. That way, you’ll be all set to go on day one at Schwab.
Check out the Client Information Hub to explore details
about your move, find helpful how-to guides, and more.
Schwab's commitment toyou
Once you transition to Schwab, you'll benefit from these commitments:
Low pricing
Schwab has a long history of lowering the cost of investing for everyone. It is a defining part of who we are and why we're proud that today we make the lowest revenue per dollar of client assets of any publicly traded major investment firm. That commitment to low costs will continue. In fact, when you transition, you have our commitment that the fee schedule for online trading commissions and fees at Schwab will be the same or lower for all transactions.
Exceptional service
We're committed to maintaining industry-leading response times from Schwab's experienced representatives, which will include the TD Ameritrade service teams and Financial Consultants who will be moving to Schwab with you, as well as specialists in all areas of investing and trading. Plus, you'll have access to more than 400 physical branches across the United States, London, Singapore, and Hong Kong.
World-class trading and investing experiences
Whether you use our industry-leading web, app, or thinkorswim® suite of platforms, you can count on an innovative, easy-to-use experience with high-quality execution. Plus, you'll have comprehensive education and market insights for all types of traders and investors.
A complete range of wealth management solutions
Count on a range of portfolio and wealth management solutions, from automated investing to comprehensive wealth management tailored to your unique needs.
A firm that stands behind itsword
Earning your trust is our highest ambition. We also know actions speak louder than words, which is why we back our words with both the Schwab Satisfaction and Security Guarantees.
Frequently asked questions (FAQs)
How will I know when my account is moving?
We’re committed to making sure everyone’s transition to Schwab is as simple and smooth as possible. So rather than move every single TD Ameritrade account all at once, we plan on transitioning accounts in groups on different dates.
We’ll let you know your assigned transition date about three months in advance, either by email or mail, depending on your communication preferences. At that time, you’ll also see your transition date when you’re logging in at tdameritrade.com. You won’t be able to change your transition group or ask to move your account at a different date.
Additionally, throughout your transition period, you’ll receive communications with resources to help you prepare for your move to Schwab and information on any actions you need to take.
After your account transitions, you’ll be able to take advantage of all the benefits that come with the integration of Schwab and TD Ameritrade.
How and where will I access my account after it becomes a Schwab account?
To access your account after it transitions, visit Schwab.com and log in using your Schwab Login ID and password. You can use the same login info across all platforms, including Schwab.com, the Schwab Mobile app, and the thinkorswim suite of platforms. Each person associated with the account must have their own Schwab Login ID and password.
Your account will transition to Schwab over a weekend. On the day the market opens after your transition weekend, starting at about 5 a.m., ET, you—and anyone with an authorized role—will be able to log in on Schwab platforms and access your account.
Once your account transitions to Schwab, you’ll no longer be able to access it at tdameritrade.com or on the TD Ameritrade Mobile app.
What will happen to my pricing at Schwab?
From day one, Schwab has helped lead the way in offering greater value for investors by driving down costs. There have already been price improvements at TD Ameritrade after being acquired by Charles Schwab. And that will continue, as most TD Ameritrade clients will experience pricing that is the same or better when they move to Schwab. See for yourself.
Visit the FAQs to find answers to your questions about the move to Schwab.
