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Tag Archives: Ameritrade

Waterhouse Sells Out

Sounds ominous, doesn’t it? In this case, though, there’s nothing sinister about yesterday’s announcement that Ameritrade (NASDAQ: AMTD) will be taking over discount brokerage TD Waterhouse for $2.9 billion in cash and stock.
As you know if you’ve been with me a while, TD Waterhouse has long been my preferred discount broker.


Is Ameritrade financially sound? In the wake of my article about brokerage safety in the January issue, several anxious customers of the discount brokerage want to know.