Housekeeping: TD Ameritrade to Charles Schwab:
Before we get into the nitty gritty of the financial markets, we want to provide an update about the TD Ameritrade account conversion to Charles Schwab. To highlight something that must be proclaimed, first and foremost, CORDA is your “Go-To” relationship partner. You literally do not need to contact or liaison with Schwab or TD for any reason, at least regarding your accounts under our care. If you need something done on your account, contact us. Certainly, Schwab and TD have provided online web access, 800 numbers, or even physical branch locations to call or visit if you ever wanted to contact them directly, but we hope you have or will continue to utilize our diligent staff should you need service of any kind. For those of you who might have forgotten, Schwab effectively purchased TD Ameritrade a few years ago and we are
finally at the point where they plan to turn off the TD Ameritrade website and the app-based portal over Labor Day weekend in early September. Everything TD Ameritrade-related will finally move to the Schwab umbrella at that time. Believe it or not, Schwab has been running TD for two years now, but you may not have even noticed.