Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

  • msf October 2017
Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

TD Ameritrade Reconsidering Dropping ETFs:

TedTed
edited October 2017 in Fund Discussions
FYI: ETF.Com is reporting that TD Ameritrade is gathering feedback on it plan to drop a number of ETFs from it's platform including some 30 Vanguard ETFs. According to RIABiz.Com this was the result of Michael Kitces taking them to task on his blog.
Regards,
Ted
https://www.kitces.com/blog/etf-market-center-eliminates-vanguard-ishares-core-disrupts-institutional-fiduciary-ria-advisors/

ETF.Com Link:
https://riabiz.com/a/2017/10/20/td-ameritrade-is-gathering-feedback-after-michael-kitcess-blogged-overture-for-ria-collective-bargaining-on-wholesale-etf-line-up-shift
Regards,
Ted

Comments

  • Yes, but Kitces complaint was that advisors were getting blindsided in TDA's move toward retail investors. He asked for more time and/or other advisor business models. In the long run, it doesn't look like any tweaks are going to help the DIY investor (though Kitces did suggest leaving the old ETFs on the NTF list as one possible fix).

    Regarding NTF funds/ETFs in general, one of Kitces pleas says it all:

    "Just stop all these fake, 'You get free ETFs, but you really don’t because we make money on the back-end. And if we can’t make money off on the back-end we’ll change the ETF lineup until we do.'"
Sign In or Register to comment.