TD Ameritrade said it brought in $15.6 billion of net new client assets in the quarter ending Dec. 31, up more than 50 percent from the same quarter a year ago and the period ending Sept. 30, when net new clients assets were $10.2 billion and $10.1 billion respectively.
The company also said it had net income of $147 million, or $0.27 per share, versus $152 million, or $0.27 per share, a year ago and $147 million of $0.26 per share, in the prior quarter.
Sales were $651 million in its fiscal first quarter, down from $653 million a year ago but up a bit from $647 million in the prior period.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.