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Articles tagged "Fred Tomczyk"


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Tim Hockey: 'As we all know, the environment that's facing our entire industry has gotten a little more interesting.'

Tim Hockey leaves baffled analysts (and everyone else) probing for answers to explain abrupt departure plan as TD Ameritrade CEO; It's about... nothing!

Discount brokers are facing myriad issues as trading fees continue sliding to zero, causing TD's board to seek a more RIA friendly CEO

August 8, 2019 at 6:32 PM

Tim Hockey: In the industry, retail has a higher return on client assets on a higher revenue base. But both businesses have a strong operating margin.

Tim Hockey goes to Florida with an RIA 'problem' that's not RIAs

The TD Ameritrade CEO relies on 6,000 registered investment advisors for 80% of growth -- skewed by big, big 'bus drivers' like Ric Edelman and Ron Carson

February 1, 2018 at 11:17 PM

Peter deSilva will be president of retail distribution at TD in October after less than two years at Scottrade.

A look inside the agonizing decision to cut Tom Bradley from TD Ameritrade and what doesn't seem to add up

CEO Tim Hockey accords Peter deSilva a cultural edge as retail chief though Scottrade only hired him in 2016 -- either way there's 'no place' for Bradley after a 30-year run at TD

September 21, 2017 at 6:31 PM

Tim Hockey: I understand why advisors might be nervous about that.

New TD Ameritrade CEO, fresh from bank, will 'reassess' putting TD brand on products and redefining open architecture

Tim Hockey, poised to meet advisors in San Diego next week, allows that RIA business is a 'real gem' but may also be priming the pump to put more proprietary products on the shelves at 600 TD and Scottrade branches

January 26, 2017 at 11:05 PM

Bing Waldert: 401(k) plans are difficult [when it comes] to generating income. You can set up a withdrawal but only at a certain age. If you need to take out a big chunk because of a big medical bill, you can't do that.

Why luring 401(k) assets to IRA rollovers in a post-DOL-rule world remains child's play, which keeps $7.6 trillion in the IRA game and growing

Clients still hate 401(k) inflexibility around withdrawals and the DOL granted advisors the upper hand in getting clients to sign away protections with regard to pricier products

April 20, 2016 at 8:25 PM

Tom Nally: The perception [is] that RIAs are operating in the Wild, Wild West. As a result, we need to take this issue off of the table.

With Veo Village hive buzzing in background, Tom Nally rides herd on RIA 'Wild West' threats at vibrant LINC 2016

The laptop guys in another room won plaudits as the TD RIA custody chief counseled RIAs to embrace more practice audits and communicate more by story, less by Orwell

February 8, 2016 at 7:07 PM

The 2014 RIA hype frenzy may have peaked when suddenly Tony Robbins was everywhere.

Why the RIA business starts 2016 without its swagger: 2014 and 2015

What's hot right now? Almost nothing and nobody. But it might be a 'healthy correction' of equilibrium

January 11, 2016 at 11:42 PM

Tim Hockey: I have been able to observe the company, its culture and its operations.

Fred Tomczyk to retire as CEO of TD Ameritrade

The ex-Ivy League hockey star will be replaced by a Canadian Toronto-Dominion Bank exec named Tim Hockey

November 10, 2015 at 7:36 PM

Fred Tomczyk: It's getting more competitive. There's no question people have noticed our success.

TD Ameritrade CEO sees RIA custody competitors adjusting to his killer strategy -- even as he whips his in-house RIA into shape

The Jersey City, N.J. custodian's under-the-radar hypergrowth rate is now also big in absolute terms, which may attract unwanted attention from absolute giants

November 5, 2015 at 8:34 PM

Tom Bradley: I think the average fee is 90 basis points roughly and we don't intend to change that.

TD Ameritrade makes play to become top robo by 2016 with out-of-the-gate $100-million revenues -- albeit with some risk attached to the power play

Tom Bradley is cobbling together Amerivest and its $11 billion AUM adding iRebal and Morningstar and tasking engineers with bringing the robo aspects of the site up to snuff

July 2, 2015 at 7:02 PM

Tom Bradley and Tom Nally may now have a relationship of coopetition

With Tom Bradley heading a new high-net-worth effort, TD Ameritrade will compete with RIAs, at least obliquely

The Omaha-based broker will use the ex-RIA chief to go after $1-million-plus accounts

June 12, 2015 at 10:38 PM

Advisors found ample room to spread out at a packed event.

New marching orders issued at TD Ameritrade's conference in San Diego: Don't join'em, beat'em!

TD touted its robo hookups and Tom Nally proclaimed RIAs are thisclose to overtaking wirehouses at the standing-room-only, come-as-you-are confab

February 2, 2015 at 5:21 AM

Fred Tomczyk: This extrapolates conclusions from that flow to retail order flow .... If you want to try to draw conclusions from one to another, you do so at your own peril.

Fred Tomczyk responds to a Wall Street analyst who cites leaked first draft of report written by three professors

The paper purports to have found trade order-routing conflicts used by the retail brokers, including TD, but any final draft may be months away

August 12, 2014 at 10:57 PM

Fred Tomczyk: Some of our peers will catch up with that ... probably all of them will redesign their technology to make sure they meet that competitive advantage that we've had.

How TD Ameritrade's patient, patient bet on RIAs is finally paying off

CEO Fred Tomczyk is talking advisor software like he might have previously discussed trade volume as RIA assets, and prospects, soar

July 28, 2014 at 9:22 PM

Fred Tomczyk: Many market destinations are in the business of making markets. They provide liquidity, and revenue sharing is part of their business model.
June 13, 2014 at 5:25 PM

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