TD Ameritrade, a brokerage subsidiary of TD Ameritrade Holding Corporation has launched a new investment services program for AARP members including access to over 100 commission-free exchange traded funds (ETFs).
AARP | Investment Services from TD Ameritrade will provide AARP’s nearly 38 million members with special offers on some of TD Ameritrade’s investment products and services.
AARP members who open a qualifying account and fund it with USD3,000 or more within 60 days of opening, can receive commission-free trades, free investor education and up to USD1,000 in cash or gift cards. For AARP Members who invest over USD25,000 in an Amerivest managed portfolio, management fees will be waived for the first year. TD Ameritrade also offers a USD75 transfer fee rebate when clients transfer USD5,000 or more from another financial institution.
Beyond these exclusive offers for AARP members, TD Ameritrade offers brokerage accounts – including IRA accounts – with no maintenance fees or deposit minimums (service and exception fees still apply), and a commission-free ETF program Enrolment in the program provides access to over 100 commission-free ETFs. Additionally, TD Ameritrade offers access to retirement tools and calculators to help track savings and investing goals, rollover consultants, retirement consultants, fixed income specialists and investment consultants to offer financial support and guidance with over 100 branches nationwide.
In addition, TD Ameritrade is also offering AARP members a special customised list of mutual funds and exchange traded funds (ETFs) screened and selected by the professionals at Morningstar Investment Management, LLC and TD Ameritrade with a focus on income generation and target date goals.
“The idea that retirement is a set date in your early 60s is a thing of the past,” says David Clingman, managing director of retirement and annuities at TD Ameritrade. “People are living longer, working longer and looking to live life to the fullest. We understand that and we want to help the millions of AARP members save and invest for all their financial goals, whether that’s a home improvement or saving for an exotic vacation, and give them the confidence that their financial life is in order.”
“We are delighted to announce this new relationship with TD Ameritrade, which shares our commitment to helping people age 50-plus plan for their retirement,” says Mitch Stevens, Senior Vice President, Financial Products & Services, AARP Services Inc. “The Investment Services program from TD Ameritrade will help AARP members save and invest to achieve their long-term financial goals.”
“We feel a great sense of pride in our ability to combine both an interactive online and mobile experience for our clients with the personalised, one-on-one service they receive with our investment consultants,” says Clingman. “We can meet the needs of this tech-savvy market that still wishes for more human interaction.”