Firm offers retail investors and independent registered investment
advisors access to new issue municipal market through M.R. Beal
OMAHA, Neb.--(BUSINESS WIRE)--
TD Ameritrade, Inc., a brokerage subsidiary of TD Ameritrade Holding
Corporation (NASDAQ:AMTD) is expanding its offering of fixed income
securities to include new issue municipal bonds underwritten by M. R.
Beal, a leading municipal underwriter and one of the nation's oldest
minority-owned investment banks. Through this strategic alliance, retail
investors and independent registered investment advisors (RIAs) on the
TD Ameritrade platform, will now have access to hundreds of new issue
municipal bond deals M.R. Beal brings to market each year.
"Fixed income is a growing and important market as aging Americans look
for a steady income stream, portfolio diversification and tax
efficiency," said Peter Sidebottom, executive vice president, product
and marketing, TD Ameritrade. "The agreement with M.R. Beal marks a
significant expansion of our new issue municipal bond offering and
solidifies our commitment to offer investors, RIAs and their clients a
broad range of fixed income securities."
"Working with TD Ameritrade, we can provide a mutual benefit to
municipal issuers and TD Ameritrade clients," said Bernard B. Beal,
chief executive officer, M. R. Beal. "Municipalities gain access to a
national network of retail investors and RIAs, while investors and
independent advisors can benefit from the potential cost-savings of
buying bonds directly from municipal issuers."
TD Ameritrade's comprehensive fixed income platform offers investors and
RIAs access to FDIC insured Certificates of Deposit (CDs), Treasury,
Agency, Corporate and Municipal bonds, Structured Products and Unit
Investment Trusts. Investors have access to powerful online tools and
calculators for researching thousands of bonds and CDs offered from more
than 200 dealers.
Whether they prefer to go online, visit a branch or call, TD
Ameritrade clients have any-time, any-how access to a variety of fixed
income resources, including:
Fixed Income Specialists - For one-on-one guidance with bonds,
CDs and investment strategies such as bond laddering, clients can
consult directly with dedicated, experienced professionals who
understand the fixed income markets and each clients' unique needs.
Tools & Calculators - Bond
Equivalent Yield Calculator, and Quick Search help
investors and advisors easily search for bonds and CDs, find readymade
bond ladders, build their own bond ladder, calculate taxable
equivalent yields, and more. Additionally, third-party research is
available to help clients understand the fixed income markets and
evaluate investment options.
New Issue Center - TD Ameritrade retail clients can view
offerings available for sale, including M.R. Beal new issue municipal
bonds, through TD Ameritrade's online New Issue Center. RIAs can
contact a Fixed Income Specialist at 800-355-2297 to access new issues.
For more information:
Clients can consult with a Fixed Income Specialist at 800-454-9272
or log on to their account at www.tdameritrade.com.
RIAs can call 800-355-2297 to speak to a Fixed Income Specialist
on the TD Ameritrade Institutional Fixed Income Desk.
Fixed-income investments are subject to various risks including
changes in interest rates, credit quality, market valuations, liquidity,
prepayments, early redemption, corporate events, tax ramifications and
Investments in municipal bonds are subject to market risk and
interest rate risk. May also be subject to special tax liabilities such
and state and local taxes and/or the Alternative Minimum Tax.
Diversification does not guarantee against loss.
TD Ameritrade does not provide tax advice. We suggest that you seek
the advice of a tax-planning professional with regard to your personal
About TD Ameritrade Holding Corporation
TD Ameritrade Holding Corporation (NASDAQ:AMTD), through its brokerage
subsidiaries,(1) combines innovative trading technology,
tools, investment services, investor education and superior client
service to create a market-leading financial services experience. Now
home to the award-winning thinkorswim trading technology(2)
and the Investools investor education program, TD Ameritrade provides
millions of retail investors, traders and independent registered
investment advisors with the tools, service and support they need to
help build confidence in today's rapidly changing market environment.
For more information and resources for journalists, please visit the TD
Ameritrade newsroom at www.amtd.com.
(1)TD Ameritrade, Inc., member FINRA (www.FINRA.org)/SIPC
and TD Ameritrade Clearing, Inc., member FINRA/SIPC.
(2)thinkorswim, prior to joining TD Ameritrade, earned 4.9
stars, the top score, in the category "Trading Technology", and was
rated #1 overall online broker in Barron's ranking of online brokers,
3/15/2010. thinkorswim was evaluated versus others in eight total
categories, including trade experience, trading technology, usability,
range of offerings, research amenities, portfolio analysis and
reporting, customer service and education and costs. thinkorswim topped
the list in 2006, 2007, 2009, and 2010 with the highest weighted-average
score. Barron's is a registered trademark of Dow Jones & Company ©
About M.R. Beal
Founded in 1988, M.R. Beal is a leading investment bank specializing in
municipal and corporate finance, taxable and tax-exempt fixed income
sales and trading, and equity sales and trading. Based in New York, the
firm participated in $45.4 billion of municipal underwritings in 2009
and continues to rank among the top 20 underwriters of municipal
M. R. Beal & Company is one of the nation's oldest and most established
minority-owned investment banking firms. The firm has participated in
nine of the 11 largest IPO's in history, representing an equity volume
exceeding $21 billion to date. M.R. Beal's institutional clients include
a wide array of leading U.S. corporations, as well as state and local
government and not-for-profit entities. In addition to its New York
headquarters, M.R. Beal also has offices in Chicago, Sacramento and
TD Ameritrade, Inc.
Kristin Petrick, 402-574-6569 (Media)
& Public Affairs
Source: TD Ameritrade, Inc.
News Provided by Acquire Media