Form CRS

Our Customer Relationship Summary provides you with details of the nature of your relationship with:

Form CRS TDA Inc.
Form CRS TDAIM


SEC Reg BI, Form CRS & Department of Labor (DOL) Fiduciary Rule

Understanding our relationship with you

As a TD Ameritrade client, you are at the center of everything we do. That's why it's so important to us that you have a clear understanding of our services, how we operate, and the latest industry rules. So that when we make a recommendation, you can feel confident knowing we're always putting your interests ahead of our own.

How we act in your best interest

Several standards and rules have been put in place to ensure that when our Financial Consultants make recommendations, they are indeed putting your needs first.

Regulation Best Interest (Reg BI):

As of June 30, 2020, a common standard was established that any brokerage firm or Registered Investment Advisor making an investment recommendation to you must be acting in your best interest at the time the recommendation is made.

Form CRS:

The SEC requires broker-dealers and investment advisors to provide you with a Form CRS to help you make more-informed decisions about choosing or continuing to work with them.

2020 Department of Labor (DOL) Advice Exemption (the Exemption):

When we provide investment advice to you regarding your retirement plan account or Individual Retirement Account (IRA), we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interests ahead of yours. This applies to the following Covered Account types:

• IRAs (including SEP and SIMPLE IRAs)

• 401(k) plans

• Individual 401(k)

• Qualified Retirement Plan (QRP) and Company Retirement Account (CRA)

Learn how TD Ameritrade works to help investors

Resource

Description

Form

Form CRS

Description

Designed as a simple, easy-to-understand Customer Relationship Summary, providing you with details of the nature of our relationship.

Form

Regulation BI Disclosures

Description

Regulation Best Interest Disclosure: Designed to give you a better understanding of how
TD Ameritrade works with you in making investment recommendations.

Form

Solutions Continuum

Description

An overview of how we can help you invest in the way that makes the most sense for you.

Form

TD Ameritrade makes investment recommendations as to the following

TD Ameritrade Investment Management, LLC

  • Offers discretionary investment advisory services, including asset allocation and fund selection
  • Provides a range of managed portfolios for existing clients, known as the Selective Portfolios and the Personalized Portfolios
  • Allows you to select the level of ongoing support that suits you best

AdvisorDirect® referral program from TD Ameritrade Institutional

  • Offers a free consultation to identify your financial goals and investment needs
  • Identifies a curated list of independent Registered Investment Advisors that may be appropriate for you
  • Allows for customized investment strategies aligned with your goals

Fixed income products

  • Consultation with our Fixed Income Sales (FIS) team to understand your income goals and needs. Customized recommendations as to:

    • Specific fixed income securities or investment vehicles
    • Fixed income investment strategies, such as bond ladders

Retirement accounts and rollovers

  •  Get help deciding about a rollover from your 401(k) or other retirement plan to an IRA
  • Or use the following resources to help you decide on your own:

        Considering a 401(k) Rollover?
        Rollover IRA
        Your Rollover Pocket Guide
        IRA Guide

  • Speak with a Financial Consultant for more information or for a recommendation

FAQ

Do I need to do anything when I receive Form CRS?

Has TD Ameritrade put its interests ahead of my own?

What is Regulation Best Interest (Reg BI)?

Why was Reg BI implemented?

Are all brokerage firms required to follow Reg BI?

When did Reg BI go into effect?

What types of accounts does Reg BI address?

Does Reg BI apply differently to brokerage services versus investment advisory services?

Does Reg BI apply just to new customers or to existing clients as well?

Who is considered a retail customer, according to Reg BI?

How is Reg BI enforced?

What is the Best Interest Disclosure (BID)?

When is the BID required to be sent?

Why is a BID required?

What is the Form CRS (Customer Relationship Summary) rule?

What is the goal of Form CRS?

Why did I receive both a BID and a Form CRS?

How does this impact the way I work with TD Ameritrade?

Where can I get additional information about Reg BI?

Form CRS

Our Customer Relationship Summary provides you with details of the nature of your relationship with:

Form CRS TDA Inc.
Form CRS TDAIM


Check the background of TD Ameritrade on FINRA's BrokerCheck