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TD Ameritrade, Inc. (“TD Ameritrade”), a broker dealer subsidiary of TD Ameritrade Holding Corporation, will provide self-directed brokerage account (“SDBA”) services to the
ABA Retirement Funds Program (the “Program”), a fully-bundled retirement solution available to law firms and their employees offered by the ABA Retirement Funds, a not-for-profit organization. The 3,700 law firms served by The Program will have access to
TD Ameritrade’s award-winning* brokerage services, a broad range of non-proprietary investment choices and independent third-party research and market analysis. The SDBA is designed to meet the needs of experienced investors who want the option to independently and actively manage their retirement portfolios.
“TD Ameritrade is well-positioned to meet the sophisticated investing needs of attorneys and employees of law firms served by the ABA Retirement Funds Program,” said Gary Major, director of corporate services, TD Ameritrade. “The SDBA is powered by TD Ameritrade’s leading trading technology and provides access to the thousands of investment options available on our platform, including
100 commission free-ETFs and over
13,000 mutual funds.”
Through the new agreement with TD Ameritrade, the SDBA offers several investment options including fixed income products, exchange traded funds (“ETFs”), mutual funds and individual stocks. Not only does the
TD Ameritrade SDBA provide comprehensive investment choices, Program participants have multiple ways to trade including by web, phone or through a broker. Program participants can also authorize an independent registered investment advisor (RIA) to manage the SDBA account for them.
“The Program was created more than 45 years ago to provide members of the legal community access to full service retirement accounts. We understand that no two law firms are the same and wanted to offer our Program participants access to a leading brokerage provider,” said Scarlett Ungurean, executive director, ABA Retirement Funds. “Through the SDBA services, we are confident TD Ameritrade can provide a broad array of investment options and the service level our participants demand.”