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Friday, November 01, 2013

ETFs Thrive on TD Platform

News summary by MFWire's editors

Schwab [profile] continues to work out the kinks of its planned ETF-only 401(k) plan, T.D. Ameritrade has seen ETF assets in 401(k) plans increased 74 percent in the 12 months ending September 2013, with the products now accounting for 7.5 percent of all assets, according to IndexUniverse.

TD's retirement planning services head Skip Schweiss outlined to reporter Hung Tran how the B-D addressed all of the tech hurdles related trading ETFs on its platform, including issues related to trust and custody. 

Edited by: Tommy Fernandez


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