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The Company is a provider of securities brokerage services, with retail brokerage representing the vast majority of its business.
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8martini8 (87.30) Submitted: 3/29/07 11:24 PM : Start Price: $15.15 AMTD Score: 24.38
Ameritrade has made investing as easy and fun as eBay. Excellent service and value -- fees are very reaonable, and I believe that for prospective investors with significant assets to manage, a $9.99 per trade fee is actually more reassuring than a "No Fee" approach (would you leave your children at a service that watched them for free?) Not all online brokerage services are going to be here in 5 years, and TD/ Ameritrade's rock-solid presence, if not a moat, is an enormous advantage when it comes to courting new clients, many of whom are not "internet savvy" enough to ferret out the lowest-cost brokers and find the analysis tools at various sites. Finally, the Ameritrade investment seminar I attended was an excellent, useful event, and PACKED.
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