Ameritrade Schwab Final

January 04, 2020

Lillian Meyers, CFP, Meyers Financial Services Sonoma California - Our Asset Custodian TD Ameritrade to be acquired by Charles Schwab

We have some exciting news! As you may have recently heard, Charles Schwab and TD Ameritrade have reached an agreement for Charles Schwab to acquire TD Ameritrade.

What does that mean for your investments and the services that Meyers Financial Services provides for you now and after the transaction closes?

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 should be no impact to your investments and how Meyers Financial Services works with TD Ameritrade Institutional on your behalf.

Once the Transaction Closes. Your TD Ameritrade accounts will be transitioned into the combined company under the Charles Schwab name after the required paperwork has been signed. This transaction will allow Meyers Financial Services to continue working on your behalf utilizing the best that each legacy firm has to offer, including leading wealth management and trading platforms.

If you would like to learn more about the TD Ameritrade/Charles Schwab transaction, please visit “The Acquisition Information” at

Same great service - new and improved asset custodian. If at any time you have any questions or concerns regarding your accounts, please do not hesitate to contact us and we will be happy to discuss this further with you.