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The Uniform Gifts to Minors Act ( UGMA) is an act in some states of the United States that allows assets such as securities, where the donor has given up all possession and control, to be held in the custodian's name for the benefit of the minor without an attorney needing to set up a special trust fund. This allows a minor in the United States ...
Choosing between UTMA/UGMA and 529 plans requires careful consideration of your priorities and long-term goals for your child’s future. UTMA/UGMA accounts offer greater flexibility and broader ...
TD Ameritrade. TD Ameritrade was a stockbroker that offered an electronic trading platform for the trade of financial assets including common stocks, preferred stocks, futures contracts, exchange-traded funds, forex, options, mutual funds, fixed income investments, margin lending, and cash management services.
TD Ameritrade has more than 12 million client accounts and handles some 2.1 million trades per day. It is a full-service brokerage with a complete line of investment products and services.
Thinkorswim, Inc. was founded in 1999 by Tom Sosnoff and Scott Sheridan as an online brokerage specializing in options. [2] [3] It was funded by Technology Crossover Ventures. [4] In February 2007, Investools acquired Thinkorswim. [5] In January 2009, it was acquired by TD Ameritrade in a cash and stock deal valued around $606 million.
These are some of the good and not-so-good things about TD Ameritrade. Pros. $0 minimum to open an account. Offers over 4,100 mutual funds with no transaction fees. Stocks, ETFs and options are ...
Thomas S. Ricketts (brother) Education. Loyola University, Chicago ( BA) University of Chicago. Todd M. Ricketts (born September 23, 1969) is an American businessman and politician who is a co-owner of the Chicago Cubs, a member of the TD Ameritrade board of directors, and a former Republican National Committee Finance Chairman. [1] [2] [3] [4]
Account Trading Fees . Both Vanguard and TD Ameritrade have a $0 account minimum. Additionally, they allow for $0 fees for trading stocks and exchange traded funds (ETF). However, outside of these ...