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TD Ameritrade Institutional’s
Technology Triple Threat
Bob Mahoney, Director, Technology Solutions
This material is designed for an investment professional audience, primarily Registered Investment Advisors (RIAs).
TD Ameritrade Institutional, Division of TD Ameritrade, Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and
The Toronto-Dominion Bank. © 2015 TD Ameritrade IP Company, Inc. All rights reserved. Used with permission.
Important Disclosures
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Presentations are for informational purposes only. TD Ameritrade, Inc., and all third parties mentioned are separate and
unaffiliated and are not responsible for each other’s services or policies.
All product and service names are property of their respective owners.
Examples presented are provided for illustrative and educational use only and are not a recommendation or solicitation
to purchase or sell any specific security.
TD Ameritrade does not provide legal or tax advice.
Access to Veo Open Access capabilities is provided as a service to independent advisors using the brokerage,
execution and custody services of TD Ameritrade. Veo Open Access is an indication of potential programming
compatibility. It does not imply any TD Ameritrade, Inc. recommendation of, endorsement of, warranty of, or fitness for
use of any third party’s products or services. TD Ameritrade is not responsible for information, opinions or services
provided by a third party. Since TD Ameritrade must ensure that all vendors meet security requirements, integration with
new vendors is not immediate and cannot be guaranteed. Brokerage services provided exclusively by TD Ameritrade,
Inc., member FINRA/SIPC.
The Integration AnalyzerTM is for informational purposes only and is subject to change without notice. None of the
information contained herein constitutes, or intends to constitute, the recommendation of the named services. The
content of the Integration AnalyzerTM is subject to copyright with all rights reserved.
Important Disclosures
Examples are provided for informational purposes only. Additional third-party companies may be available, but are not
listed. TD Ameritrade does not guarantee the accuracy, completeness, or suitability of any third-party product or service
for any purpose, and makes no warranties with respect to the results to be obtained from its use. Listing an example
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and service names are property of their respective owners.
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result in additional revenue coming to TD Ameritrade from such vendors if the recipient acts on recommendations made
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responsibility for any action the recipient may take (or fail to take) based on recommendations made in or information
contained in this questionnaire.
iRebal products and services property of ThinkTech, Inc., an affiliate of TD Ameritrade, Inc.
iRebal offers a flexible tax harvesting feature that allows you to set various loss thresholds for taxable accounts, total
loss targets for portfolios, and choose a replacement security for each harvested security. Once the thresholds have
been set, iRebal identifies eligible losses in taxable accounts, and shows you the securities that fit the criteria that you
have defined.
TD Ameritrade Institutional does not provide tax advice.
About TD Ameritrade Institutional
Source: http://www.amtd.com/investor-relations/by-the-numbers/default.aspx
Top Strategic Initiatives for Growth
Deploying technology to
increase scale
TD Ameritrade Institutional 2014 Advisor Survey
Systematizing client
service and delivery
What Would Prompt You to Consider Changing Your Current
Technology Systems? (Respondents could select up to two)
To improve workflow
62.6%
To expand capacity
44.8%
An increase in AUM
21.7%
An increase in number of clients
18.7%
An increase in revenue
16.5%
0%
6
Source: InvestmentNews 2015 Adviser Technology Study
10%
20%
30%
40%
50%
60%
70%
Year-Over-Year Total Technology Spending
$90,000
$80,000
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
$80,175
$65,499
2013
7
Source: InvestmentNews 2015 Adviser Technology Study
22.4% increase
2014
Tech Spending: Do you expect to adjust your
technology budget in 2015
We will increase spending
38.5%
55.1%
We will decrease spending
We will keep spending the same
6.4%
8
Source: InvestmentNews 2015 Adviser Technology Study
Primary Staffing Resource for Technology Expertise
(Installation, Implementation, Training, and On-going Support)
Consultants or third-parties
33.8%
Knowledgeable staff (Not primary role)
29.9%
Technology outsourcing
21.4%
Dedicated IT staff
10.7%
0%
9
Source: InvestmentNews 2015 Adviser Technology Study
5%
10%
15%
20%
25%
30%
35%
40%
Are Your Integrated Systems Automated?
21.9%
51.7%
No; limited to importing and
downloading files
26.4%
10
Source: InvestmentNews 2015 Adviser Technology Study
Yes; I don't have to do anything
Some are automated, but others
are not
Obstacles Limiting the Integration of Systems
(Respondents could select multiple, except ‘None’)
Insufficient staff time for developing a plan or implementing fully
integrated systems
37.6%
29.4%
Unable to identify an appropriate solution
24.0%
One or more systems that we would like to integrate are currently manual
18.6%
Lack of software vendor support
17.6%
Lack of internal resources for investing in, and maintaining, a solution
Low return on investment
11.8%
None
11.8%
Can't keep up with the pace of new technology
10.9%
Lack of support from our custodian or broker-dealer
10.9%
8.1%
Inability to get real-time data feeds
0%
11
Source: InvestmentNews 2015 Adviser Technology Study
5%
10%
15%
20%
25%
30%
35%
40%
Veo Open Access®
12
Benefits of Veo Open Access®
 choice
 flexibility
 efficiency
CRM Integrations









Available Now:
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Process Improvements
Streamlined Management Fee Billing
Prior
Workflow
Current
Workflow
Run Management Fee Report
Log into Portfolio
Management system
Log into Portfolio
Management system
Export Management Fee Report
Run Management Fee Report
Save Report to computer
Navigate to
Management Fee Import Function
Click button to submit fees
to TD Ameritrade
Click button to submit fees
to TDSystem
Ameritrade
Log into Custodian
Load Saved Management Fee File
Process Improvements
Streamlined Rebalancing
Log into rebalancing
application and create
rebalancing event
and trade file
Export and save
trade order file
Receive alert and log
into rebalancing system
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Log into
Custodian
System
Import trade
order file
Submit orders
to Custodian
Streamlining Workflows
Create rebalancing event
and trade order file
Submit orders
to Veo
Collaborating & Idea Sharing – Tech Summit 2014
17
Building Veo Open AccessSM Together With ThirdParty Technology Providers
8
in 2010
89
in 2015
®
Veo Open Access Integrations
CRM Solutions
Portfolio Management
Financial Planning
Online Advice Solutions
Office Tools
Analytics
Trading & Rebalancing
TD Ameritrade’s Custodial Technology Earns
Top Marks for RIA Satisfaction…
3 Years in a Row!
- Financial Planning Tech Survey, Dec 2012, Dec 2013, and Dec 2014
How Do Your Applications Interact?
http://www.tdainstitutional.com/IntegrationAnalyzer
For illustrative purposes only.
Bringing It All Together with:
Inconsistent Experiences
Compliance
Portfolio
Mgmt
Planning
Document
Mgmt
CRM
Vault
RIA
Multiple Logins
-
Time Dedicated to Process
-
OPS
Unproductive Workflow
-
Disparate Systems
Consistent, Unified Experience
One Experience
RIA
Single Access Point
-
More Time with Clients
OPS
-
Consistent Experience
-
Less Dependency on Others
Also Coming Soon to Veo One™
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
One Glance
TASKS
For illustrative purposes only.
TEST CLIENT
TEST CLIENT 2
Test Client
Test Client 1, 401 (K)
Test Client 1 and Test Client 2, Corporation
Test Client 2, 403 (B)
Test Client 1 and Test Client 2
For illustrative purposes only.
TEST CLIENT
TEST CLIENT 2
For illustrative purposes only.
TEST CLIENT 2
For illustrative purposes only.
Responsive Technology
34
For illustrative purposes only.
Roadmap
Adding more vendor integrations
Delivering business intelligence and analytics
Creating simplified workflows
Onboarding and training advisors
2nd Piece of the Puzzle
iRebal® on Veo®
36
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
Fully Rebalance Securities and Cash
Invest Cash
Generate Cash
Increase Security Positions
Decrease Security Positions
Manage Cash Only
Generate and/or Invest Cash
Invest Cash Only
Generate Cash Only
Directed Trading
Replace Securities
Harvest Tax Losses
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
For illustrative purposes only.
Automated Portfolio Monitoring
•
iRebal® can monitor all portfolios based on an advisor’s settings—
monitoring can even occur daily
•
Through Veo® alerts, advisors can be notified when any portfolio:
needs to raise cash according to your settings
has new cash to invest according to your settings
has drifted beyond your acceptable rebalancing bands
•
51
Orders will be generated by iRebal and will be waiting for review
Giving You Control
With easy-to-use global settings, you do not have to worry about:
– Avoidance of short term gains (or, gains which are close to
transitioning to long-term)
– Avoidance of Early redemption penalties on mutual funds
– Advisors will be reminded 30 days later that the wash sale period has
expired
– How much drift is acceptable and how closely to target each security
– Trade minimums
52
Technology Triple Threat
iRebal® on Veo®
53
thinkpipes®
What is
®
thinkpipes ?
Trading and Market Data System
Streaming market data
Stocks, ETFs, options,
futures
Access to Level II data
Time and sales
Alerts and news, including
streaming CNBC
Options involve risks and are not suitable for all investors
Company fundamental research
Market events calendar
Strategies education help
thinkpipes Learning Center
Video tutorials
TD Ameritrade magazines and
newsletters
Release notes
®
thinkpipes
Advanced Trading Capabilities
Robust position analysis
Pre- and post-trade block
allocations
Algorithmic trading choices
Extensive real-time charting
Complex options functionality
Options involve risks and are not suitable for all investors
Smart Navigational Features
Customizable menus
Personalized dashboards
Point and click trading
Tabbed browsing and windows
®
thinkpipes
Flexible Data Solutions
Easily import orders and allocations
Single equity and options trades
Multiple equity trades
Spread allocations
Quickly export to Excel
One-click access to account views by group, individual, and
household levels
Options involve risks and are not suitable for all investors
Customizable Look and Feel
For illustrative purposes only.
Watch List and Chart
For illustrative purposes only.
Option Chain Quotes and Underlying Stock Information
For illustrative purposes only.
Position Analysis / Creating a Covered Call Trade
20,200
20,200
For illustrative purposes only.
Calendar – Dividends, Earnings and Conference Calls
For illustrative purposes only.
CNBC – News – Fundamental
For illustrative purposes only.
Technology Triple Threat
iRebal® on Veo®
63
thinkpipes®
Questions?
This document contains confidential information for use by TD Ameritrade Holding Corporation and its subsidiaries.
5/13/2015
64