NEW YORK, July 10 /PRNewswire-FirstCall/ -- TD Waterhouse, a leading
online financial services firm, ranked first overall among brokerage firms
serving Do-It-Yourself investors by SmartMoney magazine, The Wall Street
Journal's Magazine of Personal Business, in its 2002 survey. The firm also
won the Investment Products category and placed in the top five in four other
categories: Quality of Service, Mutual Funds, Research Tools, and Amenities.
"Winning top honors in SmartMoney's ranking is a wonderful recognition of
the work our Associates do every day to help customers take control of their
investments. We're proud that our industry leadership was confirmed with this
top ranking from SmartMoney," said Frank Petrilli, Chief Executive Officer for
TD Waterhouse. "We look forward to continuing to improve our services for
existing customers and invite all investors to visit our website,
tdwaterhouse.com, or to stop into one of our more than 150 branches nationwide
to learn for themselves why we earned this number one finish."
The SmartMoney ranking, which is based on more than 250 criteria and
appears in the August 2002 issue, ranked 21 U.S. brokerage firms that serve
Do-It-Yourself investors. TD Waterhouse has won top ranking in SmartMoney's
survey of brokerage firms for self-directed investors in four of the last six
years.
According to SmartMoney magazine: "Discount brokers are broadening their
products and expanding services. Our favorite: TD Waterhouse, our winner from
two years ago ... With 2.25 million accounts, the firm has research and
services comparable to standard bearers Schwab and Fidelity but at half the
price, and its ... customer service has dramatically improved."
SmartMoney also had this to say about the breadth of the firm's product
offerings: "If you're a sophisticated trader looking for a full range of
investment products, TD Waterhouse is where you want to be. In addition to
funds, stocks and bonds, the category winner also has products few others do,
such as futures and commodities."
TD Waterhouse Group, Inc. provides investors and financial advisors with a
broad range of brokerage, mutual fund, banking and other consumer financial
products on an integrated basis. Worldwide, TD Waterhouse currently services
3.3 million active customer accounts in the United States, Canada, the United
Kingdom, and Australia. The firm also has joint ventures in Singapore, Japan,
Luxembourg, Hong Kong and India to serve investors in those countries. TD
Waterhouse can be found on the Internet at http://www.tdwaterhouse.com. TD
Waterhouse is a wholly owned subsidiary of TD Bank (NYSE: TD; Toronto) and
part of TD Bank Financial Group. Headquartered in Toronto, Canada, with
offices around the world, TD Bank Financial Group offers a full range of
financial products and services to approximately 13 million customers
worldwide. In the U.S., brokerage services provided by TD Waterhouse Investor
Services, Inc., Member NYSE/SIPC.
SOURCE TD Waterhouse Group, Inc.
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Related links:
http://www.tdwaterhouse.com
CONTACT:
Melissa Gitter, First Vice President, Public
Affairs of TD Waterhouse Group, Inc., +1-212-806-3522,
melissagitter@tdwaterhouse.com
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