TD Ameritrade purchased Scottrade in 2017 solidifying its position as one of the largest American brokers. Through a series of acquisitions and mergers, which include Ameritrade Clearing and TD Waterhouse, which derives its name from Toronto-Dominion Bank, the current TD Ameritrade was born in 2006. The firm was founded as First Omaha Securities in 1975. TD Ameritrade is a major discount brokerage based in Omaha, Nebraska. It is popular for low trading costs, an advanced platform, and a wide range of supported securities.” “TD Ameritrade is the third largest brokerage in the United States with over $1 trillion in assets and over 10 million accounts.
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