Hey, Google, check my TD Ameritrade portfolio

Hey, Google, check my TD Ameritrade portfolio
Investors can now monitor their TD brokerage account hands-free from any device with Google Assistant.
SEP 04, 2019
TD Ameritrade is expanding the ways retail investors can access its brokerage platform using voice commands. TD clients can now use any device with Google Assistant — whether it's a television, smart speakers, Android phone or smartwatch — to get hands-free information and insights on their investments. For example, an investor could simply say, "Hey, Google, check my TD Ameritrade portfolio," and instantly get information about their current holdings. [Video: How advisers can be a gamechanger for women investors] Google Assistant is available on more than 1 billion devices, and Google says active users of the technology quadrupled in 2018. Vijay Sankaran, chief information officer at TD Ameritrade, believes voice-controlled technology is the future and called the Google Assistant functionality "another major piece" in the company's expansion across various voice platforms. In July, TD Ameritrade introduced similar functionality for Google's Android Auto and Amazon.com's Echo Auto, both voice-command systems for automobiles. "Now, nearly any client, on nearly any smart device, has the ability to connect with us seamlessly in a way that feels natural to their lifestyle and doesn't ask them to leave their current platform or routine," Mr. Sankaran said in a statement. The increased convenience comes with new security concerns, but Mr. Sankaran said TD's new functionality is built with data security and privacy in mind. For example, if the client uses a shared device like Google Home, the Assistant will only read percentage changes aloud and not monetary values. TD isn't the only company investing in being available to clients on voice-controlled digital systems. Voice-command technology took center stage at October's T3 Enterprise conference, and Morgan Stanley is partnering with a third-party brand management firm to ensure its advisers are top references from Siri, Alexa and Google. Envestnet Yodlee is also building voice-command functionality, and Envestnet Tamarac executive managing director Andina Anderson recently echoed Mr. Sankaran's opinion that voice is the future of digital user experiences. "It's a level beyond logging into a portal," Ms. Anderson said on a media call hosted by Schwab Advisor Services. "That's what we are working toward."

Latest News

No succession plan? No worries. Just practice in place
No succession plan? No worries. Just practice in place

While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.

Research highlights growing need for personalized retirement solutions as investors age
Research highlights growing need for personalized retirement solutions as investors age

New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.

Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones
Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones

With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.

Insured Retirement Institute urges Labor Department to retain annuity safe harbor
Insured Retirement Institute urges Labor Department to retain annuity safe harbor

A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.

LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors
LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors

"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.