Td Ameritrade Buys Scottrade May 2026

Retail broker TD Ameritrade buys Scottrade in $4 billion deal

: The deal was split into two parts: TD Bank Group bought Scottrade Bank for $1.4 billion , while TD Ameritrade acquired the brokerage operations for $2.7 billion in cash and stock. td ameritrade buys scottrade

: In February 2018 , Scottrade accounts were automatically migrated to the TD Ameritrade platform. Retail broker TD Ameritrade buys Scottrade in $4