TD to Schwab Transition Resources

TD to Schwab Transition Resources

This page contains information and resources regarding the upcoming TD Ameritrade to Schwab conversion. Please check back regularly for updates

Timeline

Here is a general timeline of what to expect:

  • May 15, 2023: AdvisorEngine will include the required Consent to Transfer letter in all TD Ameritrade account opening envelopes.
  • May 19, 2023: Requirement for the Consent to Transfer letter to be submitted for all new accounts opened at TD Ameritrade.
  • June/July 2023: After you receive your new Schwab master accounts, notify your Relationship Manager at AdvisorEngine that your firm is ready to begin setting up the Schwab integration on the AdvisorEngine Wealth Platform.
  • August 18, 2023: Last day for accounts to be opened at TD Ameritrade.
  • September 1, 2023: Last day for trading, ACH, and fees to be posted to TD Ameritrade accounts.
  • September 2-4, 2023 (Labor Day Weekend): TD Ameritrade accounts will be converted to Schwab accounts.

Tips for a Smooth Transition

  • Select a member of your firm to work with AdvisorEngine during the transition process.
  • Stay in touch with your AdvisorEngine Relationship Manager. Contact support@advisorengine.com to put you in contact with your dedicated Relationship Manager if needed.
  • Make sure you are completing any steps required by TD/Schwab. Check out their Institutional Information Hub for their specific library of transition resources.

Our team is dedicated to your success in this process. For additional questions, please contact your Relationship Manager or our Support Team at support@advisorengine.com.

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