TD Ameritrade Launches Its First Mobile App for Long-Term Investors
21 December 2016 - 12:30AM
Business Wire
TD Ameritrade Portfolios app helps clients
track managed accounts with ease
TD Ameritrade Investment Management, LLC, a registered
investment advisor subsidiary of TD Ameritrade Holding Corporation
(Nasdaq: AMTD), today announced the soft launch of its first mobile
app for long-term investors with managed accounts. The new mobile
capability is the latest development as TD Ameritrade continues to
enhance and expand its line-up of advice and guidance
solutions.
The TD Ameritrade Portfolios app, now in a pilot preceding its
official launch in January 2017, supports client accounts utilizing
Essential Portfolios, an automated, low-cost advisory service for
digital-first investors that launched Nov. 1, 2016, as well as an
existing managed account offering, Selective Portfolios (formerly
known as Amerivest Portfolios).
“We are a forerunner in the industry when it comes to mobile
capabilities. With the most mobile users and trades per day placed
through a mobile device, we continue to see year-over-year growth
in the number of average daily users – the largest in the
industry,” says Lule Demmissie, managing director of investment
products and guidance at TD Ameritrade, Inc. “We continue to build
off our learnings in mobile and provide managed portfolio long-term
investor clients a hands-on mobile experience to monitor and
interact with their portfolios. We employed the same philosophy of
simplicity, easy-to-engage with design and goal-oriented progress
tracking that responds to the needs of our clients.”
Through the app, clients can view their goals, target amount and
progress toward their long-term goal(s), probability of reaching
their targets, as well as gains and losses. Plus, the app is
customized to display charts that provide insight into the
historical performance and hypothetical projections of their
account.
The first version of the app is currently available for Apple
iPhone devices, with the launch of the Android app and additional
upgrades and features planned for the first half of 2017. The app
is available free of charge.
To learn more about Essential Portfolios, Selective Portfolios
and other solutions for investors of all ages and experience levels
at TD Ameritrade, visit
https://www.tdameritrade.com/investment-products.page.
Note: Mobile leadership claim based on analysis of publicly
available competitor data concerning number of mobile users and
daily average revenue trade levels.
About TD Ameritrade Holding CorporationMillions of
investors and independent registered investment advisors (RIAs)
have turned to TD Ameritrade’s (Nasdaq: AMTD) technology, people
and education to help make investing and trading easier to
understand and do. Online or over the phone. In a branch or with an
independent RIA. First-timer or sophisticated trader. Our clients
want to take control, and we help them decide how - bringing Wall
Street to Main Street for more than 40 years. An official sponsor
of the 2016 U.S. Olympic Team, as well as an official sponsor of
the National Football League, TD Ameritrade has time and again
been recognized as a leader in investment services. Please visit
TD Ameritrade's newsroom or www.amtd.com for more information,
or read our stories at http://freshaccounts.amtd.com.
Brokerage services provided by TD Ameritrade, Inc., member
FINRA (www.FINRA.org)/SIPC (www.SIPC.org)
Advisory services provided by TD Ameritrade Investment
Management, LLC (formerly Amerivest Investment Management, LLC), a
registered investment advisor. TD Ameritrade Investment Management,
LLC and TD Ameritrade, Inc. are subsidiaries of TD Ameritrade
Holding Corporation.
Source: TD Ameritrade Holding Corporation
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version on businesswire.com: http://www.businesswire.com/news/home/20161220005086/en/
TD Ameritrade Holding CorporationFor Media:Rebecca Niiya,
402-574-6652Sr. Manager, Corporate
Communicationsrebecca.niiya@tdameritrade.com@TDAmeritradePRorFor
Investors:Jeff Goeser, 402-597-8464Director, Finance and Investor
RelationsJeffrey.Goeser@tdameritrade.com
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