- CompanyTD Ameritrade
- TitlePresident and CEO
Echoing the stock market’s remarkable run, the only way for Omaha-based TD Ameritrade seems to be up. Fourth quarter net income at America’s largest discount broker by client trades grew by 5.5% to $211 million. In a world of virtual trading, CEO Fred Tomczyk is still keeping things human. He says that he has no intention to follow Charles Schwab’s strategy to offer a free “robo-advice” service, claiming a combination of automated investing with human advice is the surest way to success. Investors seem to agree: TD Ameritrade shares have gained around 25% in the last 12 months. —J.A.