Trading ETFs: How Custodian Block Desks Can Help Advisors

Jeromey Thornton, CFA

VICE PRESIDENT & SENIOR INVESTMENT DIRECTOR

Tom Generazio

SENIOR TRADER, SCHWAB'S INSTITUTIONAL BLOCK TRADING DESK

Exchange Traded Funds (ETFs) have continued to grow in popularity as more and more investors recognize the potential benefits the ETF vehicle can offer. Advisors aiming to effectively implement ETFs into their practice should know they don’t have to be alone in that journey. Custodian block trading desks offer services that can play a valuable role within a firm’s trading procedures.

On this edition of our Office Hours series, we spoke with Tom Generazio, Senior Trader on TD Ameritrade’s institutional block desk to hear firsthand how they work every day with financial advisors to support them in trading ETFs. We also covered when it makes sense to contact a block trading desk and how to go about that with any of the major custodial platforms.