Online brokerage TD Ameritrade (AMTD) is buying Scottrade in a $4 billion cash-and ... increasingly large number of investors are choosing index funds over stock-picking. In the two-stage deal ...

NEW YORK (AP) - Online brokerage TD Ameritrade is buying Scottrade in a $4 billion cash ... large number of investors are choosing index funds over stock picking. In the two-stage deal announced ...

Scottrade was formerly a go-to platform for ... Instead retail investors sought the relative safety of index funds and exchange-traded funds (ETFs), which offer exposure to a basket of companies ...

FocusShares' funds were benchmarked to indexes licensed by Chicago-based Morningstar Inc. and offered to Scottrade clients commission-free. For example, its Focus Morningstar US Market Index ETF ...

Conversely, Scottrade said it will institute a $17 transaction fee for trades of certain no-load mutual funds after not charging such fees on any no-load funds for the past four years.

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said the addition is “evidence of Scottrade’s commitment to providing complete mutual fund services to the growing registered investment adviser (RIA) community that we serve through Scottrade Advisor ...

and investors increasingly are moving toward index funds and away from stock trading and active management. TD Ameritrade and Scottrade together have nearly $1 trillion in total client assets and ...

Reporting from NEW YORK — Online brokerage TD Ameritrade is buying Scottrade in a $4-billion ... large number of investors are choosing index funds over stock picking. In the two-stage deal ...