OMAHA, Neb.--(EON: Enhanced Online News)--TD Ameritrade Investment Management, LLC, a registered investment advisor subsidiary of TD Ameritrade Holding Corporation (Nasdaq: AMTD), today announced the soft launch of its first mobile app for long-term investors with managed accounts. The new mobile capability is the latest development as TD Ameritrade continues to enhance and expand its line-up of advice and guidance solutions.
“We are a forerunner in the industry when it comes to mobile capabilities. With the most mobile users and trades per day placed through a mobile device, we continue to see year-over-year growth in the number of average daily users – the largest in the industry”
The TD Ameritrade Portfolios app, now in a pilot preceding its official launch in January 2017, supports client accounts utilizing Essential Portfolios, an automated, low-cost advisory service for digital-first investors that launched Nov. 1, 2016, as well as an existing managed account offering, Selective Portfolios (formerly known as Amerivest Portfolios).
“We are a forerunner in the industry when it comes to mobile capabilities. With the most mobile users and trades per day placed through a mobile device, we continue to see year-over-year growth in the number of average daily users – the largest in the industry,” says Lule Demmissie, managing director of investment products and guidance at TD Ameritrade, Inc. “We continue to build off our learnings in mobile and provide managed portfolio long-term investor clients a hands-on mobile experience to monitor and interact with their portfolios. We employed the same philosophy of simplicity, easy-to-engage with design and goal-oriented progress tracking that responds to the needs of our clients.”
Through the app, clients can view their goals, target amount and progress toward their long-term goal(s), probability of reaching their targets, as well as gains and losses. Plus, the app is customized to display charts that provide insight into the historical performance and hypothetical projections of their account.
The first version of the app is currently available for Apple iPhone devices, with the launch of the Android app and additional upgrades and features planned for the first half of 2017. The app is available free of charge.
To learn more about Essential Portfolios, Selective Portfolios and other solutions for investors of all ages and experience levels at TD Ameritrade, visit https://www.tdameritrade.com/investment-products.page.
Note: Mobile leadership claim based on analysis of publicly available competitor data concerning number of mobile users and daily average revenue trade levels.
About TD Ameritrade Holding Corporation
Millions of investors and independent registered investment advisors (RIAs) have turned to TD Ameritrade’s (Nasdaq: AMTD) technology, people and education to help make investing and trading easier to understand and do. Online or over the phone. In a branch or with an independent RIA. First-timer or sophisticated trader. Our clients want to take control, and we help them decide how - bringing Wall Street to Main Street for more than 40 years. An official sponsor of the 2016 U.S. Olympic Team, as well as an official sponsor of the National Football League, TD Ameritrade has time and again been recognized as a leader in investment services. Please visit TD Ameritrade's newsroom or www.amtd.com for more information, or read our stories at http://freshaccounts.amtd.com.
Advisory services provided by TD Ameritrade Investment Management, LLC (formerly Amerivest Investment Management, LLC), a registered investment advisor. TD Ameritrade Investment Management, LLC and TD Ameritrade, Inc. are subsidiaries of TD Ameritrade Holding Corporation.
Source: TD Ameritrade Holding Corporation