Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Financial Planning > Behavioral Finance

Waterhouse in Talks

Your article was successfully shared with the contacts you provided.

Responding to reports in various media outlets, TD Bank Financial Group, parent of TD Waterhouse, and E*Trade Financial Corp. confirmed that they are holding discussions “with regard to a possible transaction.” TD Waterhouse Institutional Services President Tom Bradley sent a letter to TDW’s affiliated advisors on Januuary 13 quoting the brief joint statement. In the letter, Bradley said it was “business as usual” at Waterhouse Institutional.

There has been speculation for some time that TD Waterhouse’s Canadian parent might sell off parts of its far-flung empire. Companies mentioned in the past as possible buyers have been Ameritrade and the Charles Schwab Co.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.