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"This combination, it's historic."

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Chuck, do you want to be the biggest? The most profitable? What do you want to be? 

When I started, we would be doing 50 trades a day. Five Oh. All by hand with a pen and a pad. 

I knew instinctively that individual investor needed a better deal, that they were getting a raw deal from Wall Street. I certainly knew in my mind that we had a great business opportunity ahead of us. And I'm sure Joe Ricketts felt the same way. 

You know, we would study our competitors very, very carefully. Kept us fresh. Kept us ambitious.
"Best service. Big discounts. 24 hours a day, seven days a week. I'm Charles Schwab. And that's the way I see it. From the investor's point of view."

There are many times Ameritrade would come up with some interesting idea. I mean, my goodness! Thinkorswim.. I wish we had done that. It was always sort of that kind of "Can we leapfrog them? And they would I'm sure say the same thing: "Can we leapfrog Schwab?"

One of the earliest online capabilities.

Buy, sell, do your research. I'll just call up a portfolio. And the order has been placed in our host computer system.

It was all about trying to help individual investors, better service, lower prices, faster transactions. 

Both companies had our freedom to take care of individual investors. 

In the early days, Merrill Lynch, might've been $110 for a trade and we brought it down all the way down. Finally, about a year ago, we were down to $5 and finally I decided let's go to zero. That's where it should be. Let's go to zero. 

It would not have happened except for firms like Ameritrade and ourselves, who pushed that envelope. 

I guess the beauty of being somewhat mature…is to see that most successful people I know, or people who are doing something for somebody else.

"Owning your tomorrow" is the way we express it. "Transforming lives." It's the same subject matter. It's really about helping people.

And that has not changed. You're helping somebody. Those are the most fulfilling of all jobs, for my money.

This combination, it’s historic. There’ll be no other company like the combination of the two companies coming together. 

Individual investors and their independent advisors. Total focus. 

There are other companies that might say we're like that also, but they're not. 

It's the people at Ameritrade and the people at Schwab. We’ll be independent. We won't be part of another company that has a different mission in life.

Chuck, do you want to be the biggest? The most profitable? What do you want to be? 

The merger today is not about being the biggest. To me, it's about being the strongest. An unbelievable fortress of a company with the highest level of integrity. That's what you want to deal with. And that's what we want to offer.

And that’s what we are.


thinkorswim is here to stay

thinkorswim logo

thinkorswim® is here to stay.

We're fully committed to providing a best-in-class trading experience, now and in the future. That means that the thinkorswim platform suite is coming to Schwab. TD Ameritrade traders: Take on the market with confidence knowing you'll have uninterrupted access to the platforms, innovation, education, and service you've come to rely on.

Coming together with a single goal: to serve you.

TD Ameritrade and Schwab see the world through the same eyes — our clients'. We put you at the center of our businesses. That singular focus on doing right by our clients won't change. We’re excited to bring these two great firms together.

  • pricing icon

    $0 commissions for online trades¹

    At Schwab you can count on transparent pricing and low costs, because we believe that investing costs and fees matter—and you should always know what you're paying.

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    Investment choices

    We know investors need a broad range of investment products and services to meet their individual goals, and as a Schwab client you will have access to a wide-range of solutions including options and futures trading.

  • Satisfaction Guarantee

    Both Schwab and TD Ameritrade clients now have a Satisfaction Guarantee. If for any reason you are not completely satisfied, we'll refund your fees or commissions and work with you to make things right.

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    Security Guarantee

    We know you have a choice in who to trust with your finances. We offer account protection through the Schwab and TD Ameritrade security guarantees for unauthorized activities.


  • We're committed to making sure everyone's transition to Schwab is as simple and smooth as possible. So rather than move every single 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 logged in at 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.

    • Yes, the thinkorswim® platforms are coming to Schwab. That means you'll still have access to thinkorswim® on desktop, web, and mobile—along with all its educational resources, including paperMoney®. We’re combining the best capabilities, education, and service at both firms to create a world-class trading experience. So keep using thinkorswim® knowing that you'll have uninterrupted, long-term access at Schwab.

      I'm a Schwab client. When will I get access to the thinkorswim platforms?

      Keep checking back—we'll update this page as we get closer to being able to offer you thinkorswim access in your Schwab account.
    • TD Ameritrade Singapore will continue to operate and accept new accounts from eligible residents. It is business as usual, and you can continue to do business with TD Ameritrade in your account as you always have. You will be notified in advance of any decisions impacting your account.
    • As of right now, the products and services you enjoy at TD Ameritrade and Schwab are unchanged.
    • There are some differences in the offerings between the two firms, and we will be taking these into account as we work to ensure the best client experience for you. If there are any changes as we get closer to your account moving, you will be notified in advance.
    • We earn your trust every day by keeping your assets and information safe. Doing so will continue to be a priority at both firms through security procedures that are designed, tested and implemented to ensure the safety of your account, personal information, and financial assets.
    • TD Ameritrade Singapore will continue to operate and accept new accounts from eligible residents.

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    Have more questions?

    TD Ameritrade clients should continue to contact TD Ameritrade for TD Ameritrade business questions.
    Phone: +65 6823 2250
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