While most of the work will happen behind the scenes, there will be some impacts to existing client accounts along with new service offerings. Existing Schwab customers will also see some platform changes over the coming months. It’s not just TD Ameritrade customers who will be affected. The process has already begun, with several tranches of TD Ameritrade accounts being migrated in the first half of 2023. As the transition nears completion, all customers at TD Ameritrade will have their accounts moved over to Schwab. This means big changes for customers of TD Ameritrade. At the end of 2020, Charles Schwab completed its acquisition of TD Ameritrade.
