As some of you may have heard, TD Ameritrade and Charles Schwab have officially merged.  Some of you already have your accounts with Schwab, so no impact at all.  For those who have accounts with TD Ameritrade, please see below:

What to Know

•      This will be an easy and painless transition.  Much of the work is being done behind the scenes for months now.
•      If you haven’t already created a login for TD Ameritrade Advisor Client, please reach out and we’ll help you do so.
•      The transfer of accounts is set to occur over Labor Day weekend of 2023.  After that, clients will be able to access their account by login into Charles Schwab.  Account types, holdings, beneficiaries, etc. will all transfer as they are now.
•      You’ll received a new Schwab account numbers as well as routing numbers after the transition.
•      Combining two powerhouses in the industry, we’re excited with the combination of technology and talent of both companies.
•      There will be no changes within Capstone, your advisor or management fees with this transition.

You won’t need to sign paperwork or do any lifting on your end, but as always, if you have questions or concerns, please reach out to your advisor anytime.

Further FAQ:  https://welcome.schwab.com/faqs