If you were once a Scottrade customer, your account has since moved again.
: Customers kept their assets but gained access to TD Ameritrade’s tools, such as the thinkorswim platform, though some missed Scottrade’s specific mutual fund policies. Where are those accounts now? td ameritrade buys scottrade
: For several months after the close, Scottrade operated as a separate entity to ensure a "seamless transition" for its clients. If you were once a Scottrade customer, your
: In February 2018 , Scottrade accounts were automatically migrated to the TD Ameritrade platform. : For several months after the close, Scottrade
: The acquisition officially closed on September 18, 2017 . The Client Transition (2018)
: On October 24, 2016, TD Ameritrade revealed it would buy Scottrade to gain scale in an industry pressured by the rise of low-cost index funds and robo-advisors.
Retail broker TD Ameritrade buys Scottrade in $4 billion deal