TD Private Client Wealth Account Types and Fees Overview

TD Private Client Wealth offers a range of account types to meet the unique needs of high net worth individuals.

Their Private Client Wealth account is designed for individuals with a minimum net worth of $3 million, and offers access to exclusive investment products, priority service, and dedicated relationship managers.

This account type also comes with a minimum investment requirement of $1 million.

TD Private Client Wealth also offers a Cash Management account, which provides a high-interest rate and flexible investment options.

Their fees for this account type range from 0.20% to 0.50% per annum, depending on the account balance.

TD Private Client Wealth's investment management fees for their Private Client Wealth account range from 0.40% to 0.80% per annum, depending on the investment amount.

Their fees are lower for larger investment amounts, making it a more cost-effective option for high net worth individuals.

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To get started with TD Private Client Wealth, simply visit their website and fill out the contact form, providing your name, phone number, email address, and a brief message about your needs.

You can also reach out directly to the firm by calling (866) 235-1248 for a more direct line of communication.

TD Private Client Wealth is headquartered in New York, New York, at 444 Madison Avenue on the 11th floor, with additional branches in various locations across the US.

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To get started with TD Private Client Wealth, you can visit their website and fill out a contact form with your name, phone number, email address, and a brief message about your needs.

You can also call them directly at (866) 235-1248 for a more personalized conversation.

TD Private Client Wealth is headquartered in New York, New York, at 444 Madison Avenue on the 11th floor.

They have a number of branches located in various states, including Connecticut, Florida, Maine, Massachusetts, New Hampshire, New Jersey, Pennsylvania, North Carolina, South Carolina, Vermont, Virginia, and Washington, D.C.

An advisor located nearby will contact you after you fill out the contact form to guide you through the next steps.

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TD Private Client Wealth offers a range of investment options tailored to meet individual financial objectives and risk tolerances. Their three managed portfolio options, TD Guided Portfolios, TD Premier Guided Portfolios, and TD Managed Portfolios, use a combination of ETFs, SMAs, and mutual funds to achieve long-term financial success.

Each of these portfolio options has its own unique characteristics, but they all share the goal of providing tailored investment strategies for clients. TD Guided Portfolios offers more communication between the client and advisor, while TD Premier Guided Portfolios provides a wider variety of investment strategies.

TD Managed Portfolios is a discretionary account managed by TD itself, allowing clients to select from TD's model portfolios based on their long-term investment planning needs.

The minimum investment required to open an account varies depending on the type of service or portfolio chosen. Here are the account minimums for TD Private Client Wealth's investment options:

Custom Lending Solutions can be a game-changer for investors looking to maximize their returns. You can use eligible securities in your TD investment account as collateral for a loan or line of credit.

This means you can gain accessible liquidity while still working towards your long-term investment strategy. It's like having your cake and eating it too - you can tap into your investments for cash when you need it, without compromising your long-term goals.

The application and approval process is surprisingly streamlined, with limited financial documentation required for qualifying transactions. This makes it a hassle-free experience, allowing you to focus on what matters most - your investments.

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You'll want to take a closer look at our deposit solutions, which can actually help you optimize your investment strategy.

Our Private Tiered Checking and Private Tiered Savings accounts offer tiered interest rates, which increase based on your balances, providing a solid foundation for your financial growth.

Having a dedicated Relationship Manager can make a big difference in managing your accounts effectively, and our concierge service ensures you get the most out of your deposit accounts.

By taking advantage of these benefits, you can free up more money to invest and work towards your long-term financial goals.

TD Private Client Wealth caters to a diverse range of clients, including non-high-net-worth and high-net-worth individuals, as well as institutional clients like charitable organizations and businesses.

The firm manages assets for a wide variety of clients, including those with different financial goals and risk tolerance levels.

TD Private Client Wealth has different account minimum requirements depending on the type of service or portfolio you choose.

The firm's financial planning services have a lower account minimum of $10,000 compared to its pre-built client portfolios.

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TD Managed Portfolios require a minimum investment of $10,000, making it a more accessible option for those just starting out.

TD Guided Portfolios have a higher account minimum of $100,000, which is suitable for those with more substantial financial resources.

TD Premier Guided Portfolios require a significant investment of $500,000, indicating a higher level of wealth and sophistication.

Tax overlay services also have a higher account minimum of $250,000, which may be more suitable for those with more complex financial situations.

TD Private Client Wealth offers financial planning services to its clients without any fees or charges, but for investment management services, they charge a percentage of assets under management.

Their fees range from 0.45% to 1.5% depending on the account type and portfolio size. For example, the maximum annual fee for an equity/balanced account with a portfolio size of over $4MM is 0.65%.

The fees are charged quarterly and in advance, on or about the 10th business day of every January, April, July, and October. If it's the first time the fee is charged, it's prorated based on the date's relation to the next quarter.

Here's a breakdown of the estimated investment management fees for equity/balanced accounts:

TD Private Client Wealth offers a range of services tailored to individual investors, who make up 96% of the firm's clientele.

Their services include wealth and retirement planning, investment management, legacy and philanthropic planning, real estate financing, and private banking.

Wealth and retirement planning is a key area of focus, helping clients achieve their long-term financial goals.

Investment management is also a core service, allowing clients to entrust their investment decisions to experienced professionals.

Legacy and philanthropic planning helps clients make a lasting impact, whether through charitable giving or estate planning.

Real estate financing provides clients with access to capital for property-related investments.

Private banking offers clients a high level of personalized service and tailored financial solutions.

Here are the services offered by TD Private Client Wealth:

Fees can be a confusing aspect of investing, but TD Private Client Wealth makes it relatively straightforward.

Financial planning clients of TD Private Client Wealth don't pay any fees if they're already TD customers.

Investment management services, however, come with fees based on a percentage of assets under management, ranging from 0.45% to 1.5%.

The fees are structured differently depending on the type of account you have, whether it's an Equity/Balanced Account or a Fixed Income Account.

Here's a breakdown of the fees for Equity/Balanced Accounts:

Similarly, here's a breakdown of the fees for Fixed Income Accounts:

Fees are charged quarterly and in advance, typically on the 10th business day of January, April, July, and October. If you're new to TD Private Client Wealth, your first fee will be prorated based on the date of your account activation.

TD Private Client Wealth has 12 disclosures listed on its Form ADV. This is a significant number, indicating that the firm has a complex structure that may impact its services and fees.

The firm's affiliation with TD Bank can create potential conflicts of interest. For example, the bank will receive more compensation if client assets are invested in its affiliated products.

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TD Private Client Wealth is a fee-based firm, meaning it earns revenue from clients' investments. This can create a situation where the firm's interests may not align with those of its clients.

The good news is that the firm is a fiduciary, bound by law to act in its clients' best interests. This means that despite potential conflicts, the firm is obligated to prioritize its clients' needs.

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At TD Private Client Wealth, the investment strategy is tailored to each client's unique goals and risk tolerance. They offer a range of investment options, including individual stocks, bonds, and mutual funds.

TD Private Client Wealth uses a disciplined investment approach, which involves regular portfolio rebalancing to ensure that the client's investments remain aligned with their goals. This approach helps to minimize risk and maximize returns over the long term.

Their investment team has extensive experience and expertise in managing client portfolios, with many years of experience in the industry.

At TD, the investment philosophy is centered around achieving long-term financial success. They focus on using a combination of investment styles to meet clients' financial objectives and liquidity needs.

TD's three managed portfolio options - TD Guided Portfolios, TD Premier Guided Portfolios, and TD Managed Portfolios - all utilize a mix of exchange-traded funds (ETFs), separately managed accounts (SMAs), and mutual funds.

TD Guided Portfolios offer access to portfolio managers who are both affiliated and non-affiliated with the firm, allowing for more communication between the client and advisor. This approach involves an initial asset allocation that's rebalanced as market changes occur.

TD Premier Guided Portfolios provides a wider variety of investment strategies and portfolio managers, but the approach is essentially the same as TD Guided Portfolios. It's a more premium option with added features.

The TD Managed Portfolios Program is a discretionary account managed by TD itself, working with clients to select the right model portfolio for their long-term investment planning needs.

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Direct Owners & Executives play a crucial role in shaping the investment strategy of a company. TD Bank, National Association is the owner of the company, acquiring it in May 2012.

The current CEO, Kenneth Gerard Thompson, has been in his position since October 2012, with a CRD# of 1510315. He has a significant impact on the company's investment decisions.

The Chief Financial Officer and Financial Operations Professional, Richard Seth Rosenthal, has been with the company since August 2016, with a CRD# of 1670035. He is responsible for overseeing the company's financial operations.

The Chief Operating Officer, John Louis Schautz III, also joined the company in August 2016, with a CRD# of 1430568. His role involves overseeing the company's day-to-day operations.

The Chief Credit Officer, Jeffrey Joseph Rodrigues Sundram, has been with the company since October 2019, with a CRD# of 6191294. His role involves overseeing the company's credit operations.

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Here is a list of the current executives and their titles:

The President, James Henry Jr. Beam, has been in his position since December 2021, with a CRD# of 4274924. He plays a key role in shaping the company's investment strategy.

TD Private Client Wealth has custody of approximately $6.45 billion in client funds and manages the financial affairs of 17,824 clients.

The firm is a fee-based financial advisor, meaning clients pay for their services rather than commissions on specific investments.

TD Private Client Wealth offers a range of services, including retirement planning, investment management, and private banking, to help clients achieve their long-term financial goals.

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As we explore the world of data and management, it's essential to consider the role of cloud computing in this context. TD Private Client Wealth, a fee-based financial advisor firm, relies on cloud-based technology to manage their clients' accounts.

The majority of TD Private Client Wealth's accounts belong to individual investors, and the firm's focus on holistic, long-term wealth management requires robust data management systems. These systems must be able to handle large amounts of data and provide real-time insights to inform investment decisions.

TD Private Client Wealth offers a range of services, including retirement planning, investment management, and private banking, all of which require secure and reliable data storage and management.

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Data Sources are crucial for making informed decisions in management.

The company TD PRIVATE CLIENT WEALTH LLC has a significant amount of client funds under its custody, with an approximate total of $6,450,375,507.

It's worth noting that this company does not have custody of client securities.

The firm has a substantial number of clients, with a total of 17,824 clients' funds under its care.

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