New offer aims to boost the investing
confidence of self-directed investors
With only 49 percent of Americans invested in the stock market1,
down from 65 percent in 20072, many Americans today feel cash is
king. Even younger generations are following suit. According to a
recent survey conducted by TD Ameritrade, Inc. (“TD Ameritrade”), a
broker-dealer subsidiary of TD Ameritrade Holding Corporation
(NYSE:AMTD), 47 percent of Generation Z (ages 15-24) believe a
savings account is the best way to save for retirement.
“We understand that after the financial crisis of 2008 there was
a seismic shift in investor psychology. While that period certainly
spooked investors, volatility is likely to be a mainstay going
forward. Investors who avoid the equity markets and sit on the
sidelines could experience weak, long-term investment performance,”
said Lule Demmissie, managing director of retirement at TD
Ameritrade. “That’s a missed opportunity for many Americans,
especially when the secular trend suggests that the individual will
have more of the burden of saving for retirement. The days of
‘someone else’ (e.g. pensions) taking care of the growth of our
nest egg are gone. In 1979, 28 percent of all private-sector
workers were enrolled in defined benefit plans. By 2012, it had
dropped to 3 percent.3”
There now is increased responsibility on the part of the
individual investor to invest for the future. To help with that,
Amerivest Investment Management, LLC (“Amerivest”), an investment
adviser affiliate of TD Ameritrade, has developed a new fee rebate
offer for its managed money, Amerivest® Portfolios service.
The offer is designed to help investors gain confidence to access
the markets for the long run and stick to their plan in times of
short-term volatility.
Constructed based on the recommendations of independent,
third-party experts at Morningstar Associates, the Amerivest
Portfolios service offers investors a broad selection of
non-proprietary investment solutions. For investors who want to
create cost-effective, diversified investment plans, but who
admittedly need support in doing so, the Amerivest service provides
a unique combination of guidance and portfolio management, along
with objective fund and ETF recommendations.
This first-of-its-kind offer is automatically triggered if a
client deposits net new assets of $25,000 or more into an Amerivest
Portfolio during the offer period and maintains that level. Should
the client’s Amerivest Portfolio model experience two consecutive
quarters of negative performance (before advisory fees), Amerivest
will automatically refund the advisory fee for both quarters. (See
below for offer details.)
“We feel this special kind of offer is aligned with our brand
promise to stand on the side of our clients,” continued Demmissie.
“As roughly 10,000 baby boomers enter retirement age every day4 and
the youngest generations become more knowledgeable about their own
financial futures, we see the possibilities among investors who
fall between managing their own portfolios and seeking complete
financial advice. The Amerivest Portfolios are a potential solution
for these types of investors who fall in the middle, and this new
fee rebate offer will allow them to invest in their futures more
confidently.”
Amerivest offers five diversified asset allocation models –
Conservative, Stable, Balanced, Growth and Aggressive Growth – in
the Core Portfolios as well as Managed Risk, Opportunistic and
Supplemental Income Portfolios, each constructed with the
investor’s choice of either mutual funds or ETFs. Clients also
receive access to one-on-one guidance from TD Ameritrade’s
investment consultants and 24/7 customer service, as well as free
educational resources and tools to develop and manage a retirement
strategy that can further help them pursue their unique individual
goals.
For more information on Amerivest Portfolios click here.For more
information on the Amerivest Fee Rebate Offer click here.
12013 Survey of Consumer Finance, Federal Reserve Economic Data
and Research,
http://www.federalreserve.gov/econresdata/scf/scfindex.htm2Gallup,
April 2011,
http://www.gallup.com/poll/147206/stock-market-investments-lowest-1999.aspx3Employee
Benefit Research Institute, 2012,
http://www.ebri.org/publications/benfaq/index.cfm?fa=retfaq144Pew
Research Center, Baby Boomers Retire, 2010,
http://www.pewresearch.org/daily-number/baby-boomers-retire/
About TD Ameritrade Holding CorporationMillions of
investors and independent registered investment advisors (RIAs)
have turned to TD Ameritrade’s (NYSE: AMTD) technology, people and
education to help make investing and trading easier to understand
and do. Online or over the phone. In a branch or with an
independent RIA. First-timer or sophisticated trader. Our clients
want to take control, and we help them decide how - bringing Wall
Street to Main Street for more than 39 years. An official sponsor
of the 2014 and 2016 U.S. Olympic and Paralympic Teams, as well as
an official sponsor of the National Football League for the 2014,
2015 and 2016 seasons, TD Ameritrade has time and again been
recognized as a leader in investment services. Please visit
TD Ameritrade's newsroom or www.amtd.com for more information,
or read our stories at http://freshaccounts.amtd.com.
Brokerage services provided by TD Ameritrade, Inc., member
FINRA (www.FINRA.org) /SIPC (www.SIPC.org)
Source: TD Ameritrade Holding Corporation
About Amerivest Investment Management, LLCAmerivest
Portfolios is an investment advisory service of Amerivest
Investment Management, LLC (Amerivest), a registered investment
advisor. Brokerage services provided by TD Ameritrade, Inc. TD
Ameritrade, Inc. and Amerivest Investment Management, LLC are both
wholly owned subsidiaries of TD Ameritrade Holding Corporation.
Amerivest is a trademark of TD Ameritrade IP Company, Inc.
Amerivest provides non-discretionary and discretionary advisory
services for a fee. Risks applicable to any portfolio are those
associated with its underlying securities. For more information
please see the Amerivest Disclosure Brochure (ADV Part 2).
About Morningstar AssociatesMorningstar Associates, LLC
(“Morningstar Associates”) is a registered investment advisor and
wholly owned subsidiary of Morningstar, Inc. Morningstar Associates
provides consulting services to Amerivest Investment Management,
LLC (“Amerivest”) by providing recommendations to Amerivest
regarding asset allocation targets and selection of securities
appropriate for the Amerivest Portfolios; however, Amerivest
retains the discretion to accept, modify or reject Morningstar
Associates’ recommendations. Morningstar Associates selects
securities for the Amerivest portfolios from the universe of
investments made available through TD Ameritrade. In performing its
services, Morningstar Associates may engage the services of its
affiliate, Morningstar Investment Services, Inc. (“MIS”), a
registered investment advisor and wholly owned subsidiary of
Morningstar, Inc. Neither Morningstar Associates nor MIS is acting
in the capacity of advisor to Amerivest’s clients. Asset Allocation
target allocations are subject to change without notice.
Morningstar Associates establishes the allocations using its
proprietary asset classifications. If alternative classification
methods are used, the allocations may not meet the asset allocation
targets. The Morningstar name and logo are registered marks of
Morningstar, Inc. Morningstar Associates is not affiliated with
Amerivest or TD Ameritrade.
About the Advisory Fee Rebate OfferThe Amerivest advisory
fee rebate offer (the “Offer”) is valid from October 1, 2014 to
September 30, 2015 (the “Offer Period”), for new and existing
Amerivest clients investing at least $25,000 in net new assets to
Amerivest (a “Qualifying Deposit”) in a discretionary Amerivest
Portfolio held in a TD Ameritrade Investing Account. The first
quarter eligible for a rebate will be January-March 2015. To be
eligible for a rebate of the Amerivest advisory fees for applicable
quarters, the account must be funded with a minimum of at least
$25,000 in net new assets and be invested in an existing or new
discretionary Amerivest Portfolio during the Offer Period. If more
than one deposit is made, the one that brings the total deposits to
$25,000 or more of net new assets during the Offer Period will be
the Qualifying Deposit. Once the $25,000 or more in net new assets
is invested, the entire portfolio balance in the client’s account
is eligible for the Offer.
Clients who make a Qualifying Deposit during the Offer Period
and stay fully invested for at least two full, consecutive,
calendar quarters are known as “Eligible Clients”. Eligible Clients
will cease to be eligible for rebates beginning with any quarter in
which they withdraw more than the required minimum Qualifying
Deposit. Eligible Clients will automatically receive Amerivest fee
rebates for quarters with negative performance during their Term
(as defined below) if the Amerivest Portfolio model they are
invested in has negative performance (before deduction of
Amerivest’s advisory fees) for two consecutive, calendar quarters.
Please note that for purposes of the Offer, performance is
calculated based on a composite reflecting the actual composite
performance of all Amerivest clients invested in a particular model
portfolio rather than the performance of an individual client’s
portfolio. Also please note that each calendar quarter’s
performance will be measured independently. No other fees,
commissions, charges, expenses or market losses will be
refunded.
In connection with the Offer, your TD Ameritrade Investing
Account will be billed the standard Amerivest advisory fee on a
quarterly basis. You will receive a rebate (a credit amount to
offset the billed fee for each quarter of negative performance) if
there are two consecutive quarters in which your applicable
Amerivest portfolio model has negative performance (before
deduction of advisory fees). The Offer will be active for each
Eligible Client for twelve months (four quarterly billing cycles)
starting with the first full calendar quarter after their
Qualifying Deposit is made (the “Term”). The Term for each Eligible
Client is twelve months, but the beginning quarter of each client’s
Term depends on when their Qualifying Deposit is made. Rebates of
your quarterly fees for quarters with consecutive negative
performance will be automatically credited to your applicable TD
Ameritrade Investing Account within 30 days after the end of the
second consecutive quarter of negative performance.
The Offer is not transferable. This is not an offer or
solicitation in any jurisdiction where we are not authorized to do
business. Amerivest reserves the right to extend the Offer Period
for additional twelve month periods or to discontinue the Offer
upon 90 days advance written notice to clients. For more
information on the Offer, please see the FAQs at
www.tdameritrade.com/retail-en_us/resources/pdf/TDA799.pdf and the
full Terms and Conditions at
https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA681.pdf
or starting at page 14 of Amerivest’s Form
ADV, Part 2.
TD Ameritrade Holding CorporationFor Media:Brendan
McManus, 201-369-8541Communications & Public
Affairsbrendan.mcmanus@tdameritrade.comorFor Investors:Jeff Goeser,
402-597-8464Investor Relations &
Financejeffrey.goeser@tdameritrade.com
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