TD Waterhouse is the brand used for a Canadian brokerage within Toronto-Dominion Bank. It was also formerly used for TD's American and British brokerages.

TD's original brokerage, Greenline Investor Services, was established in Greenline Investor Services merged with Gardiner Group Stockholders in , becoming the first Canadian bank to purchase seats on the Toronto, Montreal, Vancouver and Alberta stock exchanges. In , Greenline Investor Services acquired operations of Marathon Brokerage Canadian discount brokerage.

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The brand originated as a United States brand for discount brokerage when TD purchased Waterhouse Securities. The name TD Waterhouse was formed and was used for TD's British, Canadian and U. In Canada, TD Waterhouse thus replaced the brand Greenline.

In June , TD spun off 42 million shares or The acquisition was conditional on TD owning at least 90 percent of Waterhouse's outstanding common shares, and it owned almost 89 percent when the privatization was announced. As part of the deal, Ameritrade sold its Canadian operations to TD Bank who merged them with TD Waterhouse Canada. TDBFG's Waterhouse and Ameritrade holdings, along with TD Mutual Funds, are now organized under a division known as TD Wealth.

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When TD merged its U. The Chairman and Chief Executive Officer of TD Wealth Management was Bill Hatanaka, a former Royal Bank of Canada executive.

Before beginning his career in financial services, Hatanaka was educated at York University and played the position of running back for the Ottawa Rough Riders. Mike Pederson is the current Group Head for Wealth Management, Insurance, and Corporate Shared Services. From Wikipedia, the free encyclopedia.

TD Waterhouse Trading name. Retrieved from " https: Toronto-Dominion Bank Stock brokerages and investment banks of Canada.

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Toronto , Ontario , Canada.