TD Ameritrade CEO on $4 Billion Scottrade Acquisition

The video discusses TD Ameritrade's acquisition of Scottrade, highlighting the strategic benefits of increased scale and technology integration. It addresses market challenges, such as declining customer activity and the rise of passive investing, and explores the cyclical versus structural nature of these issues. The discussion also covers cash management strategies, wealth management opportunities, and the strategic value of acquiring Scottrade's bank. Finally, it touches on potential future industry consolidation and growth opportunities.

What are the anticipated benefits of combining TD Ameritrade and Scottrade's client bases?

How does TD Ameritrade plan to address the issue of lower customer activity?

What is Tim Hockey's perspective on the future of consolidation in the brokerage industry?