| Business Summary | | TD
Waterhouse
Group,
Inc.
is
a
global
online
financial
services
company.
Leveraging
its
investment
in
technology,
the
Company
has
become
a
major
global
online
broker
and
provider
of
online
investing
services
and
related
financial
products.
The
Company
is
a
broker
to
the
self-directed
investor
with
approximately
4.4
million
customer
accounts.
At
October
31,
2000,
the
Company
had
approximately
3.1
million
active
accounts
and
approximately
$159
billion
in
customer
assets.
The
Company
has
a
significant
international
presence
with
operations
in
the
United
States,
Canada,
Australia,
the
United
Kingdom
and
Hong
Kong.
In
addition,
TD
Waterhouse
services
customers
in
Japan
and
India
through
joint
ventures
in
those
countries.
The
Company
has
a
global
branch
network
of
over
230
branches. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TD
Waterhouse
Group,
Inc.
is
a
provider
of
online
investing
services
and
related
financial
products
to
individual
retail
investors
with
operations
in
the
United
States,
Canada,
Australia,
the
United
Kingdom
and
Hong
Kong.
For
the
six
months
ended
4/30/01,
total
revenues
fell
28%
to
$630
million.
Net
income
fell
67%
to
$43.6
million.
Results
reflect
lower
commissions
earned
due
to
reduced
trading
volumes,
and
increased
occupancy
and
equipment
expenses. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
256,600;
after
tax
earnings
were
-21,800. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| A. Charles Baillie, 61 Chairman | -- | Stephen McDonald, 44 CEO,
Director and Deputy Chairman | $4.4M | Frank Petrilli, 50 Pres
and COO | 2.0M | Richard Rzasa, 41 Vice
Chairman, CIO | 950K | John See, 43 Vice
Chairman | 824K | Dollar amounts are as of 31-Oct-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|