Form CRS
Our Customer Relationship Summary provides you with details of the nature of your relationship with:
Regulation Best Interest Disclosures
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 |
TD Ameritrade makes investment recommendations as to the following
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
- Speak with a Financial Consultant for more information or for a recommendation
FAQ