Please note that this notice only applies to clients on our TD Ameritrade Platform. If you don’t have an account at TD then feel free to disregard this letter. If you are one of our TD clients, please read on.
Schwab acquired TD Ameritrade in 2019. Due to the size of the acquisition, both companies have put a lot of time and effort into making the transition smooth and minimally disruptive to clients. Schwab has taken the strategic approach to migrate TD accounts in batches and it is finally our turn.
While it’s a big deal in the grand scheme of things, we don’t believe this will be a difficult transition for our clients. With all the preparation going into it, we expect there to be very little interference or demand on you. Here is a list of all the things that will remain the same:
- Our practice. Nothing about Winn Partners Financial group, our staff, contact information, or way of doing business will change.
- Our relationship with you. Our service offerings, availability, management fees, and commitment to quality service will remain the same.
- Our affiliated advisory firm/ broker dealer. International Assets Advisory & Global Assets Advisory will remain the same.
- Most account features and standing instructions. Your listed beneficiaries, bank links, payment plans, and account specific features will migrate to Schwab along with your account(s). There may be minor paperwork requirements if you have nonstandard features but it will not apply to the majority of our clients or their accounts.
What will change:
- The way your statements look.
- Your account numbers.
- Your online access portal.
- Incoming ACH Instructions – If you have set up incoming transfers from your bank INTO your account with us, those instructions will change. We will reach out if this applies to you and ask you to pause those transfers with your bank until we provide you with new information.
The transition for our client accounts will happen over Labor Day weekend. September 1st will be the last day you have access to your accounts through the current portal, www.advisorclient.com. If you haven’t already, we encourage you to enroll into Schwab’s client portal: https://schwaballiance.com. Please note, you will not be able to view your account(s) on either portal from the evening of September 1st, to the morning of September 5th as the transition will be underway. Starting on September 5th, you will have access to your account(s) at Schwab.
In an effort to maintain the level of service and responsiveness you’re accustomed to, we plan to be all hands on deck for the weeks ahead of and after the conversion. Everyone involved is doing their best to ensure this goes smoothly, but we know that something can be missed. We will do our best to be available and confirm everything ported over accurately. In doing so, we hope you have patience with us through this and also ask that you review your accounts and notify us if something doesn’t look right.
As always, if you have any questions or concerns about the conversion or anything else, please feel free to reach out!
We are grateful for your business and your patience through this transition,
Jeff, Shelby, & Kristina
Winn Partners Financial Group
All e-mail sent to or from this address will be received or otherwise recorded by the International Assets Advisory, LLC corporate e-mail system and is subject to archival, monitoring or review by, and/or disclosure to, someone other than the recipient. This information is obtained from sources believed to be reliable; however, its accuracy or completeness is not guaranteed. Investing in securities underlying in currencies other than the U.S. dollar involves certain considerations comprising both risk and opportunity not typically associated with investing in U.S. securities. The security may be affected either favorably or unfavorably by fluctuation in the relative rates of exchange between currencies, by exchange control regulations, or by indigenous economic and political developments. As with any investment, there is no guarantee against potential loss. Past performance is not an indication of future performance. International Assets Advisory, LLC and its affiliates, employees and/or directors may have positions in these securities, and may as principal or agent, buy from or sell to customers. All securities are subject to price and yield change and subject to availability. Mutual funds, Unit Investment Trusts and Variable Annuities are sold by prospectus only. Please read the prospectus carefully for important information about fees and risk considerations.
Securities offered through International Assets Advisory LLC Member FINRA/SIPC. The information provided is based on carefully selected sources, believed to be reliable, but whose accuracy or completeness cannot be guaranteed. Any opinion herein reflects our judgment at this date and is subject to change without notice. This should not be construed as an offer or solicitation to buy or sell securities. Investors should consider the investment objective, risks, and charges and expenses before investing in an investment company product. Stocks, options, and mutual funds are subject to market volatility and the chance that they may lose value. Bonds are subject to changes in interest rates, risks of defaults by issuer, and the loss of purchasing power due to inflation, or the risk that an issuer will be unable to make interest or principal payments. Additionally, bonds and short-term investments entail greater inflation risk than stocks. Any fixed-income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.
Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will be either suitable or profitable for a client or prospective client’s wealth management investment portfolio.
This information is not intended to be legal or tax advice. Please consult a tax, legal, or financial professional with questions.
Investing in securities underlying in currencies other than the U.S. dollar involves certain considerations comprising both risk and opportunity not typically associated with investing in U.S. securities. The security may be affected either favorably or unfavorably by fluctuation in the relative rates of exchange between currencies, by exchange control regulations, or by indigenous economic and political developments. As with any investment, there is no guarantee against potential loss. Investments in securities and insurance products are:
NOT FDIC-INSURED/NOT BANK-GUARANTEED/MAY LOSE VALUE