Parisian Family Office CEO. Founder of CHIPPEWA PARTNERS, Native American Advisors, Inc., Registered Investment Advisor. White Earth Chippewa, educated conservative, raised on Indian reservations across Great Plains. Began Wall Street career in 1982. Always been, will always be, an optimist. Pureblood, clot-shot free. In a world on a dopamine binge, this is his take on life. Written at the Ghost Ranch in MT, Pamelot, their TN farm or winter home in San Jose del Cabo, Mexico.

Monday, November 25, 2019

T.D. Ameritrade & SCHWAB Merger

I feel bad.  Disappointed for the great T.D. Ameritrade employees who now have to deal with a partner I wanted no part of.    For about 8 years I had a custodial relationship with the Charles Schwab Corporation.  When I terminated that relationship and opened others I couldn't have found a better Custodian for clients assets than T.D. Ameritrade.

I always believed in having multiple custodians.  It served me very well and was one of the smarter things I done during my investment career.    When I shuttered my firm in the first half of 2019 I think I had 5 different custodians.   All had a bell or whistle better than the rest.

It's a sad day for the friends of Chippewa Partners, Native American Advisors, Inc. who worked at T. D. Ameritrade.

I wish all of you well going forward. 

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