Brokerage bombshell: What advisors, investors could expect from a Schwab-TD Ameritrade merger

Brokerage bombshell: What advisors, investors could expect from a Schwab-TD Ameritrade merger

US News Rank

Pedestrians pass in front of a Charles Schwab bank branch in downtown Chicago, Illinois.

Christopher Dilts | Bloomberg | Getty Images

Financial advisors who hold their clients’ assets at TD Ameritrade are about to face a shake-up.

Charles Schwab is in talks to purchase TD Ameritrade for $25 billion, and a deal could be announced as early as Thursday, a source told CNBC.

The merger would…

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