TD Ameritrade's board suddenly pushes out Tim Hockey after his big misread of RIAs; Tom Bradley name-dropped as successor

The CEO broke the TD promise never to compete with RIAs, took it back and got sent packing

Author Brooke Southall July 23, 2019 at 4:30 AM

Tim Hockey: I don't think we disclose it. No, we don't and even if I knew it, I couldn't tell you. But I don't actually know offhand. We don't disclose it, sorry.

People Moves

Tom Bradley

Tim Hockey

Fidelity

TD Ameritrade

Charles Schwab & Co.

Jeff Spears

July 23, 2019 — 11:04 PM

Merging is a full contact sport. Hopefully the replacement will embrace the power of RIAs and ask how they can help instead of skimming fees.

Peter Giza

July 25, 2019 — 3:06 PM

Eating crow on a GOOD reversal decision is akin to not following the market to the bottom because its too painful to take a loss. If the decision warrants it, get beyond the emotion and eat the bitter pill. You'll win.

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January 6, 2022 at 10:33 PM

Oisín's snippets: Charles Schwab brand goes up on Omaha's TD Ameritrade stadium, home of college baseball world series • Interactive Brokers lands an RIA custody insider, Charlie Latimer, to climb the custodian ladder

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December 27, 2021 at 9:58 PM

Goldman Sachs nabs TD Ameritrade's Darla Sipolt for RIA custody; Kate Healy, Jim Dario and Peter Dorsey are among 1,000 staffers cut by Schwab post TD merger

Included in the wholesale reduction of the Omaha, Neb.-based broker's redundant talent, about 40% of TD Ameritrade's marketing staff also got word today they have no future with their San Francisco-based owner

October 27, 2020 at 1:20 AM

Mark Tibergien sets up Ben Harrison to challenge Schwabitrade with a $150 million cut to Pershing's minimum and millions more to develop Veo-busting technology

The CEO suite hand-off in Jersey City pulls a trigger on a plan to bypass Fidelity's and eventually Schwab's custody units by luring disaffected RIAs.

March 11, 2020 at 7:58 AM

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Mentioned in this article:

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally