What Does TD Ameritrade Institutional Do?

Total employees268
HeadquartersWestlake
FoundedN/A

TD Ameritrade Institutional was a leading provider of comprehensive brokerage and custody services to over 7,000 independent registered investment advisors (RIAs) and their clients. It offered a suite of solutions including advanced trading technology, research, and practice management tools. In October 2020, Charles Schwab completed its acquisition of TD Ameritrade. The integration of TD Ameritrade Institutional into Schwab Advisor Services was a multi-year process, largely concluding in 2023 and 2024, with client accounts and platforms migrating to Schwab. While the TD Ameritrade Institutional brand may still be referenced, its operations, technology, and services are now part of the broader Schwab Advisor Services ecosystem, aiming to provide RIAs with an enhanced platform and expanded resources.

Where Is TD Ameritrade Institutional's Headquarters?

TD Ameritrade Institutional officeTD Ameritrade Institutional officeTD Ameritrade Institutional officeTD Ameritrade Institutional office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for Charles Schwab's corporate strategy, executive leadership, and overall business operations, including the oversight of Schwab Advisor Services which now incorporates the former TD Ameritrade Institutional business.

Notable Features:

The Westlake campus is a modern, expansive facility designed to foster collaboration and innovation, featuring state-of-the-art technology and employee amenities. It spans over 70 acres and includes multiple buildings.

Work Culture:

Charles Schwab emphasizes a client-first culture ('Through Clients' Eyes'), integrity, innovation, and teamwork. The Westlake campus is designed to support this with open workspaces, collaborative areas, and a focus on employee well-being.

HQ Significance:

Represents the consolidated leadership and strategic direction of the combined company, symbolizing the new era for both Schwab and former TD Ameritrade entities, including its institutional services.

Values Reflected in HQ: The campus design and amenities reflect Schwab's commitment to its employees, technological advancement, sustainability, and its forward-looking approach to financial services.

Location:

While primarily focused on the U.S. market, Charles Schwab provides services to U.S. expatriates and some international clients through Charles Schwab & Co., Inc. Schwab Advisor Services, which now includes the former TD Ameritrade Institutional, primarily serves U.S.-based RIAs. Some of these RIAs may have international clients. The company has limited physical international offices for brokerage services (e.g., Charles Schwab, U.K., Limited in London and Charles Schwab, Hong Kong, Limited). Its core institutional business and the former TD Ameritrade Institutional operations are U.S.-centric. Global functions mainly pertain to supporting U.S. clients abroad and technology operations that may leverage a global talent pool for development and support.

Street Address:

3000 Schwab Way

City:

Westlake

State/Province:

Texas

Country:

USA

Where Else Does TD Ameritrade Institutional Operate Around the World?

Omaha, Nebraska, USA

Address: 200 S 108th Ave, Omaha, NE 68154

Key hub for Midwest operations, leveraging a strong local talent pool in financial services, technology, and customer support. Vital for integrating TD Ameritrade systems and personnel.

Phoenix, Arizona, USA

Address: 2423 E Lincoln Dr, Phoenix, AZ 85016

Strategic location for talent acquisition in a growing metropolitan area, providing extensive support for West Coast and national client base, and ensuring business continuity.

Lone Tree, Colorado, USA

Address: 9800 Schwab Way, Lone Tree, CO 80124

Central U.S. hub located in the Denver metropolitan area, providing access to a skilled workforce and supporting Schwab's national operational footprint and growth initiatives.

Buying Intent Signals for TD Ameritrade Institutional

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
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Corporate Finance
*Example signal, not calculated in real time

Who's Leading TD Ameritrade Institutional? Meet the Executive Team

As of April 2025, TD Ameritrade Institutional' leadership includes:

Walt Bettinger - Co-Chairman and Chief Executive Officer
Charles R. Schwab - Chairman Emeritus and Founder
Rick Wurster - President
Peter Crawford - Managing Director, Chief Financial Officer (announced retirement pending successor)
Bernie Clark - Managing Director, Head of Advisor Services
Joe Martinetto - Managing Director, Chief Operating Officer
Debora (Deb) Alessi - Managing Director, Chief Digital Officer

Who's Investing in TD Ameritrade Institutional?

TD Ameritrade Institutional has been backed by several prominent investors over the years, including:

The Vanguard Group
BlackRock
State Street Corporation
Price (T. Rowe) Associates Inc
Geode Capital Management, LLC
Other major institutional investors, mutual funds, and individual shareholders

What Leadership Changes Has TD Ameritrade Institutional Seen Recently?

Hire1
Exits1

Charles Schwab has experienced key executive movements in the past 12-18 months, including appointments to bolster digital leadership and planned transitions in senior financial roles, reflecting the company's ongoing evolution and strategic focus post-TD Ameritrade integration.

Departures

Peter Crawford, Peter Crawford announced his planned retirement from Charles Schwab. He will remain CFO during the search for his successor and ensure an orderly transition.

New Appointments:

Debora (Deb) Alessi, Debora Alessi joined Charles Schwab as Chief Digital Officer to spearhead the company's digital transformation efforts and oversee its various digital platforms.

What Technology (Tech Stack) Is Used byTD Ameritrade Institutional?

Discover the tools TD Ameritrade Institutional uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

TD Ameritrade Institutional Email Formats and Examples

Following the acquisition of TD Ameritrade by Charles Schwab, email communications adhere to Charles Schwab's corporate email format. The most common structure is based on the employee's first and last name.

[first].[last]@schwab.com

Format

jane.doe@schwab.com

Example

85%

Success rate

What's the Latest News About TD Ameritrade Institutional?

Charles Schwab Newsroom / Financial Press • May 28, 2024

Schwab Completes Final Major Client Transition from TD Ameritrade, Unifying Platforms

Charles Schwab successfully completed the last major phase of TD Ameritrade client account conversions over Memorial Day weekend 2024. This significant milestone integrates millions of client accounts and trillions in assets, marking the culmination of the multi-year plan to combine the two firms, offering a unified platform for investors and RIAs....more

Industry Publications (e.g., InvestmentNews, AdvisorHub) • June 5, 2024

Schwab Advisor Services Pivots to Enhanced Offerings and Growth Post-TD Ameritrade Integration

Following the completion of the TD Ameritrade client transition, Schwab Advisor Services is now directing its efforts towards enriching its platform, technology, and service model for Registered Investment Advisors. The firm aims to capitalize on the combined entity's scale and capabilities to foster RIA growth and deliver advanced solutions....more

Charles Schwab Q4 2023 Earnings Report/Call • February 14, 2024

Schwab Reports Progress on TD Ameritrade Integration Synergies and Client Asset Growth

In its earnings reports and investor updates, Charles Schwab detailed significant progress in realizing cost synergies from the TD Ameritrade acquisition and continued growth in client assets, highlighting the strategic benefits of the merger as integration milestones are met....more

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