Beginning today, TD Ameritrade will be ending commissions for online trading in U.S. stocks, exchange-traded funds and options.
Most of the ETFs and mutual funds in client accounts were already no-load, but now all ETF and equity trades placed electronically will be traded with zero commissions. We place 99% of all client trades electronically, so this is welcomed news for our clients.
There are already great benefits of consolidating assets to allow us to streamline your financial plan. Now there are cost benefits to consider, as well.
Ryan M. Bayonnet, CFP®, MSF