Founded in 1980 by Rodger O. Riney, Scottrade was a stock brokerage firm headquartered in St. Louis, Missouri. The company was a pioneer in the discount brokerage industry, offering a platform for self-directed retail investors to trade stocks, ETFs, mutual funds, and other financial instruments at a low cost. A key differentiator for Scottrade was its extensive network of over 500 physical branch offices across the United States, which provided in-person support in an era of increasingly online-only competitors. In 2017, Scottrade was acquired by TD Ameritrade for $4 billion. Subsequently, The Charles Schwab Corporation acquired TD Ameritrade in 2020, and the final integration of all Scottrade and TD Ameritrade client accounts onto the Schwab platform was completed in 2024.

Founded in

United States