TD/Schwab Merger – Cash Management

If you currently have any accounts at TD Ameritrade, they are expected to transition to Charles Schwab & Co., Inc. on September 5, 2023. In this video, Holly Bowen walks us through the cash management process and what will be affected before, during, and after the transition. This includes information on standing instructions, debit cards and checkbooks, check deposits, as well as some new features available on the Schwab Alliance portal.

For more information on the transition, please click the link below to visit the Schwab Client Learning Center.

Disclosure: These materials have been independently produced by Focused Wealth Management. Focused Wealth Management is independent of, and has no affiliation with, Charles Schwab & Co., Inc. or any of its affiliates (“Schwab”). Schwab is a registered broker-dealer and member SIPC. Schwab has not created, supplied, licensed, endorsed, or otherwise sanctioned these materials nor has Schwab independently verified any of the information in them. Focused Wealth Management provides you with investment advice, while Schwab maintains custody of your assets in a brokerage account and will effect transactions for your account on our instruction.