President,
Chief Executive Officer
Fred Tomczyk is a 20-year veteran of the financial services industry with extensive expertise in wealth management, retail distribution and sales and has been a guiding force in the Company's evolution from brokerage firm to the better investment firm for today's investor. Tomcyzk's vision for TD AMERITRADE is threefold – maintain a leadership position in the trading business, continue to grow as an asset gatherer and capitalize on additional opportunities to strengthen the firm for the benefit of its associates, clients and shareholders.
Tomczyk has served as president and chief executive officer of the Company since October 2008, during which time the firm achieved record organic growth in the midst of one of the most difficult economic environments to hit the United States since the 1930s. In fiscal 2009, TD AMERITRADE produced record average client trades per day, record net new assets and record new accounts – all while maintaining a clean balance sheet and a strong overall financial position.
Tomczyk has been intimately involved with TD AMERITRADE for five years, since the time he helped negotiate and shape the landmark deal that brought Ameritrade and TD Waterhouse together in 2005. From July 2007 until his current appointment he served as chief operating officer and was responsible for all operations, technology, retail sales functions and the registered investment advisor channel. He served as a member of the TD AMERITRADE board of directors from January 2006 until June 2007.
From May 2002 until joining TD AMERITRADE, Tomczyk served as the vice chair of corporate operations for TD Bank Financial Group (TDBFG). From March 2001 until May 2002, he served as executive vice president of retail distribution for TD Canada Trust (a wholly-owned subsidiary of TDBFG), and from September 2000 until March 2001 he served as executive vice president and later as president and chief executive officer of wealth management for TD Canada Trust. Prior to joining TD Canada Trust, he was president and chief executive officer of London Life.
Tomczyk serves on Cornell University's undergraduate business program advisory council. He received a bachelor's degree in applied economic and business management from Cornell University with a Bachelor of Science and subsequently obtained his Chartered Accountant designation. In 2006, he was elected as a Fellow of the Institute of Chartered Accountants of Ontario.