Company Description:
TD Ameritrade is an online broker platform that allows consumers to place electronic trades, focusing on a wide variety of products: from stocks, futures, EFS and options to mutual funds, cryptocurrency, and various fixed income investments. In addition to making money on transaction fees, the company earns revenue on margin lending and cash management services.
Valuation:
When it comes to valuing TD Ameritrade, the comps group can be tricky, since it could range from direct competitors (e.g., ETFC) to a wide (but still relevant) group of various financial services companies. We are taking