Equities – Stocks, Bonds, & Mutual Funds

Midland Trust Company serves as the custodian of your retirement account, providing all tax reporting and recordkeeping services. TD Ameritrade serves as the broker, allowing you to buy/sell securities on their platform.

The TD Ameritrade account is held in the name of your Midland account. For example, Midland Trust Company as Custodian FBO Client Name Client Account Number.

Opening a TD Ameritrade brokerage account in the name of your Midland IRA allows you to consolidate all your assets into one IRA versus having multiple IRA accounts with different custodians.

It can also shorten the timeframe for getting cash into your Midland account. While custodial transfers take two weeks, on average, liquidating funds from your Midland-TD Ameritrade brokerage account can typically be done within five business days.

Midland submits your account application within one business day of receipt. From there, account opening typically takes between three to five business days.

Funds will be reflected in your Midland-TD Ameritrade brokerage account within two business days from when we initiate the wire to TD Ameritrade.

Midland will work with TD Ameritrade to get your year-end account value. You can also upload a copy of your TD Ameritrade statement at any time on your Midland360 Client Portal.

Midland and TD Ameritrade can work together to offer these accounts. However, Midland and TD Ameritrade’s systems do not sync with each other. The valuation you see listed in your Midland portal can be different due to one of the following:

1. The year-end value we received from TD Ameritrade
2. The last known value based on the last statement or update received from you as the account owner
3. The amount that initially funded the trading account

Yes! You will only need to complete two Midland-TD Ameritrade brokerage account applications to establish two separate trading accounts.

TD Ameritrade has a dedicated team that will assist you with questions you may have specific to the TD Ameritrade platform. They can be reached at (866) 766-4015. Please contact Midland to set up your brokerage account.

Once your account is open, TD Ameritrade will mail you a confirmation letter to the address on file. This letter will provide you with instructions to log into your TD Ameritrade online account.

Yes, you can download the TD Ameritrade application to be able to trade from your smartphone.

Because your Midland IRA is the Midland-TD Ameritrade brokerage account owner, all funds to and from the account must first flow through Midland. Contact us for further details on this process.

Midland charges the following fees for the Midland-TD Ameritrade brokerage account:

• $50 annual asset fee
• $50 transaction fee to send money to the brokerage account for initial funding (wire fee included)
• $25 transaction fee to send additional funds to or remove funds from the brokerage account (wire fee included)

TD Ameritrade may also charge fees based on transaction activity. Please contact Midland or TD Ameritrade for more information.