Business Services Industry
TD AMERITRADE Reports Monthly Metrics
Business Wire, March 18, 2008
OMAHA, Neb. -- TD AMERITRADE Holding Corporation (NASDAQ: AMTD) today announced Company metrics for February 2008. Monthly activities include:
* 284,000 client trades per day in February 2008, up 8% from February 2007 and down 18% from January 2008.
* Approximately $310 billion in total client assets as of February 29, 2008, up 11% from February 2007 and up 8% from January 2008.
* Average investable assets amounted to $31.7 billion, up 9% from February 2007 and up 2% from January 2008.
* Average fee-based investment balances amounted to $77.3 billion, up 61% from February 2007 and up 32% from January 2008.
These results include assets acquired through the Company's purchase of Fiserv's Investment Support Services business on February 4, 2008. The acquisition added approximately $25 billion in total client assets, $1.2 billion of average investable assets and $17.2 billion of average fee-based investment balances.
AMTD-G
About TD AMERITRADE Holding Corporation
TD AMERITRADE Holding Corporation, through its brokerage subsidiaries,1 provides a dynamic balance of investment products and services that make it the investment firm of choice for millions of retail investor and independent registered investment advisor (RIA) clients. Listed by Forbes as one of America's best big companies, the Company offers a full spectrum of investment services, including a leading active trader program, intuitive long-term investment solutions and a national branch system, as well as relationships with one of the largest independent RIA networks.2 The Company's common stock trades under the ticker symbol AMTD. For more information, please visit www.amtd.com.
1TD AMERITRADE, Inc., member FINRA (www.FINRA.org) /SIPC (www.SIPC.org), receives clearing and custodial services from TD AMERITRADE Clearing, Inc., member FINRA/SIPC. TD AMERITRADE, Inc. and TD AMERITRADE Clearing, Inc. are subsidiaries of TD AMERITRADE Holding Corporation.
2More information on the Forbes award is available at www.forbes.com/platinum.
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