IT 100 Special Report 2006 >

  THE INFOTECH 100 COMPANIES
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22

TD Ameritrade Holding

(NasdaqNM: AMTD)

USA

Sure, healthier financial markets are a boon for online brokerage, TD Ameritrade Holding, the No. 3 player behind Charles Schwab and Fidelity Investments. But the real secret to the Omaha firm's success in recent years has been Chief Executive Officer Joseph Moglia's aggressive acquisition strategy. Since coming on board in 2001, the New York native has made eight deals— capping it off in 2006, when Ameritrade clossed its $1.7 billion purchase of rival TD Waterhouse to form TD Ameritrade. With that deal, revenues have grown more than 50% over the past 12 months, to $1.5 billion. Shareholder sentiment has been mixed, however. The stock was up nearly 69% last year. But with investors skittish about global markets, shares of TD Ameritrade are off 13% so far this year.

Company Info

2005 Rank

Not Ranked

Sales*
($ Millions)

1,500.1

Sales Growth
(over prev. year)

53 %

Profits*
($ Millions)

436.8

Return on Equity

30.2 %

Total Return on Sales (12-mo.)

48.3

Share Price
As of 5/31/06

17.00

CURRENT
MARKET INFO

NasdaqNM: AMTD

No. of Employees

4,230

Industry Internet Companies
COMPANY WEB SITE >
*Trailing 12 months
Stock price data as of 5/31/06
DATA: Standard & Poor's Compustat

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Company Snapshot

Ameritrade Holding, through its wholly owned subsidiaries, provides securities brokerage services and technology-based financial services to retail investors, traders, financial planners, institutions, and business partners in the U.S. and Canada. It offers common and preferred stock, exchange traded funds, option trades, mutual funds, and treasury, corporate, government, and municipal bonds, as well as online advisory services. The company also provides trading execution and clearing services. Ameritrade offers its products and services through Internet, wireless telephone or personal digital assistant, interactive voice response, and registered representatives. The company was founded by J. Joe Ricketts in 1971 and is headquartered in Omaha.


Data provided by Capital IQ
 
Joseph H. Moglia

Joseph H. Moglia, 55

Chief Executive Officer

Total Compensation

$2,170,082

Value of Options

$158,650,195

University of Delaware - MS, Fordham University - BA

Joseph Moglia has been chief executive officer of TD AmeriTrade Holding since March, 2001. Moglia joined TD AmeriTrade Holding from Merrill Lynch, where he served as senior vice-president and head of the investment performance and product group for Merrill's private client division. Moglia joined Merrill Lynch in 1984, and by 1988, was its top institutional sales person. In 1992, he became head of global fixed-income institutional sales, and in 1995, ran the firm's municipal division before moving to the private client division in 1997. He has been a director of TD AmeriTrade Holding since January, 2006. He serves as a director of AXA Financial and of its subsidiary, AXA Equitable Life Insurance. He serves as a director of MONY Life Insurance. Prior to entering the financial services industry, Moglia was defensive coordinator for Dartmouth College's football team. He coached various teams for 16 years, authored a book on football, and wrote 11 articles published in national coaching journals. He received a master's degree in economics from the University of Delaware and a bachelor's degree from Fordham University.



Executive Data provided by Capital IQ