TCA By E*TRADE Announces Expansive Custody Relationship With Edelman Financial Engines
New addition comes as RIA commitments have grown to more than $12 billion since last October
Nov 12, 2018, 16:05 ET
DENVER, Nov. 12, 2018 /PRNewswire/ -- TCA by E*TRADE, a provider of integrated technology, custody, and practice management support for Registered Investment Advisors (RIAs), today announced the introduction of an expansive custody relationship with Edelman Financial Engines.
"TCA by E*TRADE is thrilled to welcome Edelman Financial Engines—a premier and highly respected RIA in the industry—to our platform," said TCA by E*TRADE President Josh Pace. "This new relationship comes amid a very exciting time, as we continue to grow our business while adding more services and opportunities to our overall offering. By deploying the full power of the E*TRADE brand, we have been able to showcase our platform to even more advisors."
Edelman Financial Engines will also be a national player in the E*TRADE Advisor Network, a channel for financial professionals to connect with clients in need of higher-touch services on the TCA by E*TRADE platform. The referral network is set to launch in the coming months.
Since last October, TCA by E*TRADE has secured more than $12 billion in commitments to its RIA platform and has added more than $2 billion in net assets under custody. The announcement comes as E*TRADE is expanding its footprint into the RIA segment to broaden its target market and better serve brokerage and stock plan accounts in search of tailored services.
"Edelman Financial Engines is excited to join E*TRADE's national referral program to expand our reach and provide more financial help to American families," said John Bunch, Chief Operating Officer of Edelman Financial Engines.
For more information on TCA by E*TRADE please call 800-955-7808 or email [email protected].
About TCA by E*TRADE and Important Notices
E*TRADE Savings Bank, doing business as "TCA by E*TRADE" and its affiliates ("E*TRADE") do not warrant these products, services, and publications against different interpretations or subsequent changes of laws, regulations, and rulings. E*TRADE does not provide legal, accounting, or tax advice. No information presented constitutes a recommendation by E*TRADE Savings Bank or its affiliates to buy, sell, or hold any security, financial product, or instrument discussed therein or to engage in any specific investment strategy.
E*TRADE Savings Bank and Edelman Financial Engines are separate and unaffiliated companies.
TCA by E*TRADE is a champion of RIAs, dedicated to helping them realize their full potential. TCA by E*TRADE is an RIA custodian offering integrated real-time technology, consultative services, and back office support custom-built for RIAs. TCA by E*TRADE works with advisors to provide them the technology and support they need to manage their practices and their clients' financial futures. Learn more at www.trustamerica.com.
RIA custody solutions are offered by E*TRADE Savings Bank, which is a national federal savings bank (Member FDIC).
E*TRADE Savings Bank, doing business as "TCA by E*TRADE": 7103 South Revere Parkway, Centennial, CO 80112. Member FDIC.
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