TD Ameritrade Customers Pulled Assets From Schwab in October


Clients from TD Ameritrade pulled a net $4.8 billion of core assets in October, according to the company’s monthly report released Tuesday. All other Schwab customers added a net $16.1 billion. That brings core net new assets overall to $11.3 billion for the month, down from $27.1 billion in the prior quarter and $42 billion a year ago.


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