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Investools’ Educational Services Along With Thinkorswim

June 29, 2011 | Author: | Posted in Finance

Thinkorswim along with Investools offer educational services that aim at educating online investors. Through its brokerage subsidiary the company is providing services to over 71,175 trading accounts of both institutional users as well as self-directed option traders. These account holders invest their money in bonds, mutual funds, futures, exchange-traded funds and equities.

In the year 2007 the revenue of this company was 318 million dollars which was a record. This revenue included Thinkorswim operations from the 15th of February of the year 2007. On the 31st of December 2007 the assets of its client’s almost reached 2.6 billion dollars. 45,000 dollars was the average client’s account. This was significantly higher than the industry average. Around 102,800 people actively subscribe to its educational program.

Investools Inc. offers investor education to self-directed investors. They also offer brokerage as well as other related financial services and products. The interactive format in which they provide educational services include asynchronous as wells synchronous online courses that are instructor led. They also offer one-to-many as well as one-to-one coaching programs. In-person workshops as well as support through email, live-chat and telephone. The firm provides brokerage services to self-directed traders who deal with futures, options, and stocks. Customers of this company are offered a wide variety of products that include fixed income, futures, equity securities, options, index products as well as foreign exchange and other derivatives. Their front end trading platforms enable their customers to electronically trade and make use of both analytics and trading tools.

The company is a member of Financial Industry Regulatory Authority or the FINRA which is a self-regulatory body.

Dr. Richard Carlin founded Telescan in the year 1997 and Online Investors Advantage was also founded in the year 1997. Thinkorswim Inc was founded in the year 1999. ZiaSun also bought Online Investors Advantage that same year. ZiaSun and Telescan merged to form Investools in the year 2001. Investools bought Prophet Financial Systems, Inc. in the year 2005 while Thinkorswim bought Arrowhead Solutions in the year 2006. That same year Investools made an announcement that it was merging with Thinkorswim. The merger was completed in the following year. In the year 2009 TD Ameritrade bought the merged company for a price of 606 millions dollars.

Parker is an expert in the field of Finance & Investments. He has reviewed various institutions related to Investment & Stocks and has written many articles on them which include Investools. In this article, Parker has reviewed the educational services provided by Investools.

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