TD Ameritrade Introduces DOL Fiduciary Rule Resource Center to Educate and Empower Retirement Investors
December 08 2016 - 8:30AM
Business Wire
Website will better equip investors to ask
the right questions and make more informed decisions about their
financial futures
TD Ameritrade Holding Corporation (Nasdaq: AMTD) today announced
the new Department of Labor (DOL) Fiduciary Rule Resource Center
website intended to serve as an objective source of information and
education for investors who want to learn more about the fiduciary
rule and what it could mean for their retirement planning.
The rule is scheduled to become applicable on April 10, 2017. At
that time, financial advisors will be required to recommend what is
in the best interest of clients when offering investment advice on
401(k) plan assets (including rollovers), individual retirement
accounts (IRAs) and other qualified retirement funds.
“The 1,000 pages of fiduciary rule text and explanatory material
is exceedingly complex. The average investor likely doesn’t have
the time or inclination to explore how it could impact their
retirement savings,” said Tom Bradley, president of retail
distribution for TD Ameritrade. “We created the resource center to
help investors understand what the rule means for them so they can
have more productive conversations with their financial services
providers.”
TD Ameritrade’s DOL Fiduciary Rule Resource Center breaks down
the financial jargon, provides answers to common questions in a
simple, objective way, and helps investors understand potential
implications for their financial futures. New and updated content,
including articles and links to government resources, will be
frequently added to the website as the applicability date nears and
investors become increasingly aware of the rule.
In addition to the DOL Resource Center website, TD Ameritrade
has introduced more ways for retirement investors to obtain
guidance and advice. They include free goal planning and a new
discretionary investment management service Essential
Portfolios.
“While other financial services firms are making major changes
to the fees, commissions, service and product offerings as a result
of the fiduciary rule, TD Ameritrade has not,” Bradley said. “We’ve
been well positioned to comply with the rule from the start and the
vast majority of our Retail retirement clients won’t see any
significant changes in how they work with us. In fact, rather than
take away services from our clients, we plan to give them more
tools and education and shift our model a bit to provide more
guidance and advice.”
About TD Ameritrade Holding CorporationMillions of
investors and independent registered investment advisors (RIAs)
have turned to TD Ameritrade’s (Nasdaq: 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 40 years. An official sponsor
of the 2016 U.S. Olympic Team, as well as an official sponsor of
the National Football League, 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)
Essential Portfolios is an investment advisory service of
Amerivest Investment Management, LLC (Amerivest), a registered
investment advisor. Amerivest and TD Ameritrade, Inc. are both
wholly owned subsidiaries of TD Ameritrade Holding Corporation.
Amerivest is a trademark of TD Ameritrade IP Company, Inc.
Amerivest provides discretionary advisory services for a fee. Risks
applicable to any portfolio are those associated with its
underlying securities. For more information, please see the
Disclosure Brochure (ADV Part 2)
http://www.tdameritrade.com/forms/TDA4855.pdf
Source: TD Ameritrade Holding Corporation
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version on businesswire.com: http://www.businesswire.com/news/home/20161208005029/en/
TD Ameritrade Holding CorporationFor Media:Rebecca Niiya,
402-574-6652Sr. Manager, Corporate
Communicationsrebecca.niiya@tdameritrade.com@TDAmeritradePRorFor
Investors:Jeff Goeser, 402-597-8464Director, Finance and Investor
RelationsJeffrey.Goeser@tdameritrade.com
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