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What's New In Investments, Funds? - TD Bank

Editorial Staff

19 October 2021

Today, TD Bank, one of the 10 largest banks in the US, has rolled out its first robo-advisor, TD Automated Investing, and hybrid advisor, TD Automated Investing Plus.

The offerings provide clients with access to TD Strategic Portfolios – seven globally diversified portfolios of exchange-traded funds and mutual funds designed by TD Wealth's investment professionals.

"With the introduction of TD Automated Investing and TD Automated Investing Plus, TD will now be able to engage earlier in the customer's wealth journey on their terms, combining the best of digital with an unexpectedly human approach," Peter Mottek, head of US Wealth, said. "The foundation of all of our wealth offerings at TD goes beyond a transparent and thorough conversation. It begins by understanding what matters most to every customer, today and in the future."

TD Automated Investing Plus offers the same features as TD Automated Investing, with additional access to a centralized advisory team to assist with building a personalized financial plan and ongoing advice. It requires a minimum of $25,000 with an annual advisory fee of 0.60 per cent with a $250 minimum.

In addition to its new automated investment portfolio offerings, TD now has more than 100 licensed financial advisors across its US footprint and plans to add 350 additional advisors in the coming years.