posted on April 29, 2011 01:45
TD Ameritrade Holding Corp. (NASDAQ: AMTD) plans to expand its Fort Worth operations with the help of $1.2 million in Texas Enterprise Fund incentives.
Gov. Rick Perry and Fort Worth Chamber of Commerce announced Wednesday that the investment is expected to create 490 jobs over four years.
The expansion is also expected to generate $11 million in capital investment as the Omaha, Neb.-based company adds 47,000 square feet of space to its current lease portfolio.
TD Ameritrade, an investment firm with more than 8 million U.S. client accounts, provides brokerage services and processes trades and other financial transactions. The state incentive will support the company’s technology infrastructure and facility enhancements.
A spokeswoman for TD Ameritrade said the company employs about 1,000 people in Fort Worth. The new jobs will likely be an expansion of the existing positions at the Fort Worth office, including operations and investor services jobs.
4/20/11, Matt Joyce, Dallas Business Journal