Originally a division of TD Ameritrade, TD Ameritrade Institutional established itself as a major custodian for independent Registered Investment Advisors (RIAs). It provided essential services including trading, custody of assets, technology platforms (like the Veo One® platform), practice management support, and research tools, enabling advisors to manage their clients' wealth. In October 2020, The Charles Schwab Corporation completed its acquisition of TD Ameritrade. Since then, the company has been in a multi-year process of migrating TD Ameritrade Institutional advisors, clients, and assets onto the Schwab platform, with the brand and services now operating under the Schwab Advisor Services name.

Founded in

United States