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Walt Bettinger axes current and former Schwab retail chiefs, Terri Kallsen and Andy Gill; funnels responsibilities to Jonathan Craig, for now

The Schwab CEO is 'restructuring,' which includes cutting the Chairman's Club program that sent 200 top performers to Hawaii on a free junket

Author By Lisa Shidler July 24, 2019 at 12:53 AM
Admin:
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Terri Kallsen perhaps never stood a chance.

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January 6, 2022 at 10:33 PM

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Goldman Sachs nabs TD Ameritrade's Darla Sipolt for RIA custody; Kate Healy, Jim Dario and Peter Dorsey are among 1,000 staffers cut by Schwab post TD merger

Included in the wholesale reduction of the Omaha, Neb.-based broker's redundant talent, about 40% of TD Ameritrade's marketing staff also got word today they have no future with their San Francisco-based owner

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Mark Tibergien sets up Ben Harrison to challenge Schwabitrade with a $150 million cut to Pershing's minimum and millions more to develop Veo-busting technology

The CEO suite hand-off in Jersey City pulls a trigger on a plan to bypass Fidelity's and eventually Schwab's custody units by luring disaffected RIAs.

March 11, 2020 at 7:58 AM

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Mentioned in this article:

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally




kevin starkey

kevin starkey

July 24, 2019 — 2:37 PM
When the forecast calls for a recession, these cuts and corporate disorganizational moves just make sense...well they make sense to someone!
Horace Moning

Horace Moning

July 25, 2019 — 1:44 AM
Hi thank for the reading but I want help opening an account to invest with thank you.
Brian Shenson

Brian Shenson

July 25, 2019 — 9:54 PM
They were not axed. Teri and Andy left voluntarily to pursue other opportunities. Opportunities which I cannot get into at this time, but which you will hear about in the future.
Ben

Ben

July 28, 2019 — 7:00 PM
Best company I ever worked for.
DEX

DEX

September 11, 2019 — 8:01 PM
The buck has to stop somewhere (beneath me).
James Richards

James Richards

October 15, 2019 — 3:12 PM
Sounds to me like the all male bank does not like women. What a crock of poop. I would sue them for gender discrimination.

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