Great News! Charles Schwab and TD Ameritrade made the move to $0 commissions

Written by Jeff Schlotterbeck, CFP® on 02 October 2019.

You may have seen the news… 

Charles Schwab and TD Ameritrade are eliminating base commissions for online exchange-listed stock, ETF (domestic and Canadian), and options trades. 

 

Charles Schwab and TD Ameritrade Institutional have been valued strategic partners to Water Street Wealth and we’re thrilled by their move to lower the cost of investing and trading for you. The change goes into effect on October 3, 2019 for TD Ameritrade and on October 7th for Charles Schwab. That’s when you should start to see lower commissions on qualifying trades in your account(s). 

 

Please see the company press release for additional details on this milestone announcement: 

 

In Conjunction With Chuck Schwab’s New Book “Invested,” Schwab Removes the Final Pricing Barrier to Investing Online by Eliminating U.S. Stock, ETF and Options Commissions

 

The Best Just Got Better: TD Ameritrade Introduces $0 Commissions for Online Stock, ETF and Options Trades 

 

As always, we’re here for you if you have any questions about these exciting changes.

 

Jeff Schlotterbeck, CFP®

 

813.484.7877

 

Water Street Wealth Management, Charles Schwab and TD Ameritrade are separate and unaffiliated, and each is not responsible for the products or services of the other.