Wealth Management / Transition of TD Ameritrade to Charles Schwab
Transition of TD Ameritrade to Charles Schwab

Transition of TD Ameritrade to Charles Schwab

Charles Schwab Client Learning Center

Frequently Asked Questions

Your Nicolet Investment account(s) currently with TD Ameritrade will move to Charles Schwab over the weekend of September 2, 2023. This move to Charles Schwab’s platform is the last phase of the integration of the 2019 announcement of Charles Schwab purchasing TD Ameritrade.

There is no action required by you at this time. Charles Schwab will send multiple communications in the coming months that will discuss the timing and actions required to make this a smooth transition. As always, we are happy to help you with any questions. The proposed timeline of the transition is as follows:

  • Early June (90 days before your transition weekend): Clients who use TD Ameritrade’s AdvisorClient.com and Mobile app will receive personalized information and suggested actions to help prepare for the conversion.
  • Late June (60 days before your transition weekend): You will receive an Account Transition Notice providing details about the transition and your account(s), including timing, what to expect, how to opt out of transferring to Schwab, account agreements and disclosures.
  • Early August (28 days before your transition weekend): Schwab will provide the information you need to set up your new Schwab Alliance login ID and password. Once you receive this information, set up your credentials before the transition on Labor Day so you will have access to Schwab Alliance. On your first day at Schwab, you will find your new account number in your Accounts Summary on Schwab Alliance.

We also want to remind you that the relationship between Nicolet and your financial advisor will remain unchanged. Your account history, including assets, most open orders, move money profiles/instructions, and other information will move over to the Charles Schwab platform.

Please watch for another communication from us in late July and reference Nicolet’s website for more information and frequently asked questions under our Wealth Management page: nicoletbank.com/schwab

As always, don’t hesitate to contact your financial advisor if you have any questions, or feel free to call 1-800-369-0226.

Thank you,
Nicolet Wealth Management

BrokerCheck

Investment and insurance products:

  • Are Not FDIC Insured
  • May Lose Value
  • Are Not Bank Guaranteed
  • Are Not Deposits Are Not Guaranteed by Any Federal Government Entity
  • Are Not a Condition to Any Banking Service or Activity

Nicolet Advisory Services, LLC, is an investment adviser, registered with the U.S. Securities and Exchange Commission, and an affiliate of Nicolet National Bank.

Advisory services offered through Nicolet Advisory Services, LLC, a Registered Investment Advisor. Securities and insurance products offered through Private Client Services ("PCS"), member FINRA/SIPC. PCS is not affiliated with Nicolet National Bank, Nicolet Wealth Management or Nicolet Advisory Services.

Trust services are offered through Nicolet National Bank, a national bank with trust powers.

Past market activity is not indicative of future results, and changes in any assumptions may have a material effect on projected outcomes. Investing in securities entails risk, and the potential for losing money always exists when investing in securities. Asset allocation, rebalancing, and asset diversification will not ensure account protection in a declining market, and cannot be relied upon to enhance gains in a rising market.

Neither Nicolet Advisory Services nor its affiliates offer tax or legal advice. Investors should consult with their legal and tax professionals before making investment decisions.