Exhibit 99.1

At the Company
Christina Goethe		Jeff Goeser
Manager, Communications		Director, Investor Relations and Finance
(201) 369-8541		(402) 597-8464
christina.goethe@tdameritrade.com		jeffrey.goeser@tdameritrade.com

TD Ameritrade Delivers Record Asset Gathering in Fiscal 2010

Record Net New Assets of $34 Billion
Average Client Trades Per Day of 372,000
Fiscal 2010 Diluted Earnings Per Share of $1.00
Initiates Quarterly Dividend of $0.05 Per Share

OMAHA, Neb., October 26, 2010 — TD Ameritrade Holding Corporation (NASDAQ: AMTD) has released results for fiscal 2010. Despite a continued challenging economic environment, the Company maintained industry-leading daily average revenue trades, grew interest rate sensitive assets to a record $66 billion and, for the third consecutive year, delivered record organic growth in net new client assets.

The Company’s results for the fiscal year ended Sept. 30, 2010 include the following (year-over-year comparisons): ⁽¹⁾

	•		Net income of $592 million, or $1.00 per diluted share
	•		Average client trades per day of approximately 372,000
	•		Record net new assets of approximately $34 billion, or an annualized growth rate of 11 percent on beginning client assets
	•		Gross new accounts of 667,000, a decrease of 9 percent
	•		Record average spread-based balances of approximately $52 billion, an increase of 64 percent
	•		Average fee-based balances of approximately $62 billion, an increase of 4 percent
	•		Net revenues of $2.6 billion, 48 percent of which were asset-based
	•		Operating income of $965 million, or 38 percent of net revenues
	•		Pre-tax income of $912 million, or 36 percent of net revenues
	•		EBITDA of $1.1 billion, or 44 percent of net revenues(2)
	•		Record client assets of approximately $355 billion, including $63 billion in client cash
	•		Record interest rate sensitive assets of $66 billion(3)

“We are proud of how we have executed over the last two years,” said Fred Tomczyk, president and chief executive officer. “I can’t think of another company that has delivered the kind of organic growth we have, and received a credit ratings upgrade, refinanced their debt through a successful public offering, bought back nine percent of their outstanding stock, made an acquisition and introduced a dividend — all within a 24-month period that included the deepest and longest recession since the Great Depression. Continuing to focus on further enhancing the client experience, cross-selling and building out our retail and

institutional channels will allow us to maintain our growth trends and remain opportunistic in 2011 and beyond.”

“Completing our cash management strategy in early 2010 helped us mitigate pressure from the low interest rate environment and increase asset-based revenues by 12 percent year over year. With interest rate-sensitive assets at an all-time high of $66 billion, we believe that we have a significant earnings upside once rates rise” said Bill Gerber, executive vice president and chief financial officer. “Closely managing our extension strategy, prudent expense management and wise use of cash, whether for investments in our growth or returning it to our shareholders, will serve us well as we build our long-term shareholder value.”

Fourth Quarter 2010 Results

In addition, the Company has released its results for the quarter ended Sept. 30, 2010, which include the following (year-over-year comparisons): ⁽¹⁾

	•		Average client trades per day of approximately 318,000
	•		Net new assets of approximately $6.0 billion, an annualized growth rate of 7 percent
	•		Net revenues of $609 million, 53 percent of which were asset-based
	•		Operating income of $197 million, or 32 percent of net revenues
	•		Pre-tax income of $186 million, or 31 percent of net revenues
	•		Net income of $114 million, or $0.20 per diluted share
	•		EBITDA of $237 million, or 39 percent of net revenues(2)

Quarterly Dividend Initiated

The Company also announced that it has declared a $0.05 per share quarterly cash dividend, which is payable on Dec. 15, 2010 to all holders of record of common stock as of Dec. 1, 2010.

“Over the last two years, TD Ameritrade has deployed or returned over 100 percent of our net income to our shareholders,” Gerber continued. “Initiating a quarterly dividend is another effective way for us to continue returning that capital and potentially expand our investor base. Our financial position and cash flow remains healthy, providing us with the continued flexibility to pursue future growth opportunities.”

Fiscal 2011 Outlook

The Company has also released an updated Outlook Statement which reflects expected earnings of $0.90 to $1.20 per share for its 2011 fiscal year.

More information on the fiscal 2011 forecast is available through the Company’s “Outlook Statement,” located in the “Investor” section of its Web site, www.amtd.com.

Company Hosts Conference Call

TD Ameritrade will host its September Quarter conference call this morning, Oct. 26, 2010, at 7:30 a.m. CDT. Participants may listen to the call by dialing 877-881-2595. Interested parties may listen to a replay of the call by dialing 800-642-1687 and the passcode 90691004. The Company will Webcast the conference live at www.amtd.com Questions may be submitted in advance by emailing inquiries to TD Ameritrade Investor Relations.

AMTD-E

About TD Ameritrade Holding Corporation

TD Ameritrade Holding Corporation (NASDAQ: AMTD), through its brokerage subsidiaries,⁽⁴⁾ combines innovative trading technology, easy-to-use-and-understand trading tools, investment services, investor education and superior client service to create a market-leading financial services experience. Now home to the award-winning thinkorswim trading technology⁽⁵⁾ and the Investools investor education program, TD Ameritrade provides millions of retail investors, traders and independent registered investment advisors with the tools, service and support they need to help build confidence in today’s rapidly changing market environment. For more information and resources for journalists, please visit the TD Ameritrade newsroom at www.amtd.com.

Safe Harbor

This document contains forward-looking statements within the meaning of the federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws. In particular, any projections regarding our future revenues, expenses, earnings, capital expenditures, effective tax rates, client trading activity, accounts or stock price, as well as the assumptions on which such expectations are based, are forward-looking statements. These statements reflect only our current expectations and are not guarantees of future performance or results. These statements involve risks, uncertainties and assumptions that could cause actual results or performance to differ materially from those contained in the forward-looking statements. These risks, uncertainties and assumptions include general economic and political conditions, interest rates, market fluctuations and changes in client trading activity, increased competition, systems failures and capacity constraints, ability to service debt obligations, ability to realize the expected benefits from the thinkorswim acquisition, regulatory and legal matters and uncertainties and other risk factors described in our latest Annual Report on Form 10-K, filed with the SEC on Nov. 13, 2009 and our latest Quarterly Report on Form 10-Q filed thereafter. These forward-looking statements speak only as of the date on which the statements were made. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

TD AMERITRADE HOLDING CORPORATION
CONSOLIDATED STATEMENTS OF INCOME
In thousands, except per share amounts
(Unaudited)

		Quarter Ended												Fiscal Year Ended
		Sept. 30, 2010				June 30, 2010				Sept. 30, 2009				Sept. 30, 2010				Sept. 30, 2009
Revenues:
Transaction-based revenues:
Commissions and transaction fees		$	250,021			$	333,081			$	362,149			$	1,193,761			$	1,253,154
Asset-based revenues:
Interest revenue			112,266				112,804				98,116				427,723				362,076
Brokerage interest expense			(1,371	)			(1,422	)			(2,089	)			(6,065	)			(15,165	)
Net interest revenue			110,895				111,382				96,027				421,658				346,911
Insured deposit account fees			176,837				180,075				143,198				682,206				568,084
Investment product fees			36,344				33,194				27,995				129,308				184,341
Total asset-based revenues			324,076				324,651				267,220				1,233,172				1,099,336
Other revenues			34,739				34,072				28,562				133,758				55,436
Net revenues			608,836				691,804				657,931				2,560,691				2,407,926
Operating expenses:
Employee compensation and benefits			154,683				156,251				144,757				622,449				511,170
Clearing and execution costs			21,945				22,387				24,031				90,367				70,877
Communications			30,604				27,030				25,729				106,933				83,121
Occupancy and equipment costs			38,718				35,452				34,682				142,902				124,296
Depreciation and amortization			15,460				14,499				12,592				57,032				45,891
Amortization of acquired intangible assets			24,741				25,119				25,582				100,463				73,870
Professional services			35,048				31,998				34,215				132,218				127,572
Advertising			61,648				51,596				55,951				250,007				197,121
Losses (gains) on money market funds and client guarantees			(1,587	)			(9,209	)			13,829				(12,732	)			13,829
Other			30,331				36,420				23,902				105,679				58,701
Total operating expenses			411,591				391,543				395,270				1,595,318				1,306,448
Operating income			197,245				300,261				262,661				965,373				1,101,478
Other expense:
Interest on borrowings			11,094				11,197				7,824				44,858				40,070
Loss on debt refinancing			—				—				—				8,392				—
Loss on sale of investments			38				—				—				38				2,003
Total other expense			11,132				11,197				7,824				53,288				42,073
Pre-tax income			186,113				289,064				254,837				912,085				1,059,405
Provision for income taxes			72,154				109,625				98,097				319,897				415,700
Net income		$	113,959			$	179,439			$	156,740			$	592,188			$	643,705
Earnings per share — basic		$	0.20			$	0.31			$	0.27			$	1.01			$	1.11
Earnings per share — diluted		$	0.20			$	0.30			$	0.26			$	1.00			$	1.10
Weighted average shares outstanding — basic			576,086				587,086				586,544				585,128				578,972
Weighted average shares outstanding — diluted			582,134				593,647				595,052				591,922				587,252

TD AMERITRADE HOLDING CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
In thousands
(Unaudited)

		Sept. 30, 2010				Sept. 30, 2009
Assets:
Cash and cash equivalents		$	741,492			$	791,211
Short-term investments			3,592				52,071
Segregated cash and investments			994,026				5,813,862
Broker/dealer receivables			1,207,723				1,777,741
Client receivables			7,391,432				5,712,261
Goodwill and intangible assets			3,591,272				3,696,820
Other			797,272				527,844
Total assets		$	14,726,809			$	18,371,810
Liabilities and stockholders’ equity:
Liabilities:
Broker/dealer payables		$	1,934,315			$	2,491,617
Client payables			6,810,391				9,914,823
Long-term debt			1,302,269				1,414,900
Other			908,065				999,187
Total liabilities			10,955,040				14,820,527
Stockholders’ equity			3,771,769				3,551,283
Total liabilities and stockholders’ equity		$	14,726,809			$	18,371,810

TD AMERITRADE HOLDING CORPORATION
SELECTED OPERATING DATA

		Quarter Ended												Fiscal Year Ended
		Sept. 30, 2010				June 30, 2010				Sept. 30, 2009				Sept. 30, 2010				Sept. 30, 2009
Key Metrics:
Net new assets (in billions)		$	6.0			$	8.9			$	5.4			$	33.9			$	26.6
Net new asset growth rate (annualized)			7	%			10	%			8	%			11	%			10	%
Average client trades per day			317,684				413,461				410,576				371,835				371,579
Profitability Metrics:
Operating margin			32.4	%			43.4	%			39.9	%			37.7	%			45.7	%
Pre-tax margin			30.6	%			41.8	%			38.7	%			35.6	%			44.0	%
Return on client assets (annualized)			0.22	%			0.34	%			0.36	%			0.28	%			0.42	%
Return on average stockholders’ equity (annualized)			12.0	%			18.4	%			18.2	%			15.7	%			20.8	%
EBITDA(1) as a percentage of net revenues			39.0	%			49.1	%			45.7	%			43.5	%			50.6	%
Debt and Liquidity Metrics:
Interest on borrowings (in millions)		$	11.1			$	11.2			$	7.8			$	44.9			$	40.1
Average debt outstanding (in billions)		$	1.3			$	1.3			$	1.4			$	1.3			$	1.4
Leverage ratio (average debt/annualized EBITDA(1))			1.3				0.9				1.2				1.2				1.2
Interest coverage ratio (EBITDA(1)/interest on borrowings)			21.4				30.4				38.5				24.8				30.4
Liquid Assets(1) (in billions)		$	1.1			$	1.2			$	1.1			$	1.1			$	1.1
Cash and cash equivalents (in billions)		$	0.7			$	0.7			$	0.8			$	0.7			$	0.8
Transaction-Based Revenue Metrics:
Total trades (in millions)			20.3				26.0				26.3				93.3				93.3
Average commissions and transaction fees per trade(2)		$	12.29			$	12.79			$	13.53			$	12.79			$	13.35
Average client trades per account (annualized)			10.1				13.2				13.7				12.0				12.9
Activity rate — total accounts			4.0	%			5.3	%			5.5	%			4.8	%			5.1	%
Activity rate — funded accounts			5.8	%			7.6	%			7.8	%			6.9	%			7.3	%
Trading days			64.0				63.0				64.0				251.0				251.0
Spread-Based Asset Metrics:
Average interest-earning assets (excluding conduit business) (in billions)		$	12.0			$	12.6			$	14.7			$	13.3			$	9.9
Average insured deposit account balances (in billions)			43.1				41.8				28.3				39.2				22.0
Average spread-based balance (in billions)		$	55.1			$	54.4			$	43.0			$	52.5			$	31.9
Net interest revenue (excluding conduit business) (in millions)		$	110.8			$	111.2			$	95.7			$	420.9			$	342.7
Insured deposit account fee revenue (in millions)			176.8				180.1				143.2				682.2				568.1
Spread-based revenue (in millions)		$	287.6			$	291.3			$	238.9			$	1,103.1			$	910.8
Avg. annualized yield — interest-earning assets (excluding conduit business)			3.60	%			3.50	%			2.54	%			3.13	%			3.41	%
Avg. annualized yield — insured deposit account fees			1.61	%			1.70	%			1.98	%			1.72	%			2.55	%
Net interest margin (NIM)			2.04	%			2.12	%			2.17	%			2.07	%			2.81	%
Interest days			92				91				92				365				365
Fee-Based Investment Metrics:
Money market mutual fund fees:
Average balance (in billions)		$	8.8			$	9.1			$	15.5			$	9.9			$	23.3
Average annualized yield			0.16	%			0.10	%			0.16	%			0.10	%			0.46	%
Fee revenue (in millions)		$	3.5			$	2.3			$	6.5			$	9.9			$	108.5
Other fee-based investment balances:
Average balance (in billions)		$	57.1			$	53.3			$	41.5			$	51.7			$	36.1
Average annualized yield			0.22	%			0.23	%			0.20	%			0.23	%			0.21	%
Fee revenue (in millions)		$	32.8			$	30.9			$	21.5			$	119.4			$	75.8
Average fee-based investment balances (in billions)		$	65.9			$	62.4			$	57.0			$	61.6			$	59.4
Average annualized yield			0.22	%			0.21	%			0.19	%			0.21	%			0.31	%
Investment product fee revenue (in millions)		$	36.3			$	33.2			$	28.0			$	129.3			$	184.3
Client Account and Client Asset Metrics:
Total accounts (beginning of period)			7,890,000				7,788,000				7,491,000				7,563,000				6,895,000
New accounts opened			125,000				175,000				151,000				667,000				737,000
Accounts purchased			—				—				—				—				197,000
Accounts closed			(69,000	)			(73,000	)			(79,000	)			(284,000	)			(266,000	)
Total accounts (end of period)			7,946,000				7,890,000				7,563,000				7,946,000				7,563,000
Percentage change during period			1	%			1	%			1	%			5	%			10	%
Funded accounts (beginning of period)			5,440,000				5,379,000				5,291,000				5,279,000				4,918,000
Funded accounts (end of period)			5,455,000				5,440,000				5,279,000				5,455,000				5,279,000
Percentage change during period			0	%			1	%			(0	%)			3	%			7	%
Client assets (beginning of period, in billions)		$	323.8			$	341.5			$	265.0			$	302.0			$	278.0
Client assets (end of period, in billions)		$	354.8			$	323.8			$	302.0			$	354.8			$	302.0
Percentage change during period			10	%			(5	%)			14	%			17	%			9	%

NOTE: See Glossary of Terms on the Company’s web site at www.amtd.com for definitions of the above metrics.

TD AMERITRADE HOLDING CORPORATION
SELECTED OPERATING DATA

		Quarter Ended												Fiscal Year Ended
		Sept. 30, 2010				June 30, 2010				Sept. 30, 2009				Sept. 30, 2010				Sept. 30, 2009
Net Interest Revenue (excluding Conduit Business):
Segregated cash:
Average balance (in billions)		$	2.9			$	3.4			$	7.8			$	4.7			$	3.9
Average annualized yield			0.16	%			0.13	%			0.14	%			0.13	%			0.17	%
Interest revenue (in millions)		$	1.2			$	1.1			$	2.8			$	6.3			$	6.6
Client margin balances:
Average balance (in billions)		$	7.6			$	7.5			$	5.2			$	7.0			$	4.5
Average annualized yield			4.68	%			4.68	%			4.86	%			4.70	%			5.14	%
Interest revenue (in millions)		$	91.0			$	89.1			$	65.0			$	333.1			$	234.2
Securities borrowing/lending (excluding conduit business):
Average securities borrowing balance (in billions)		$	0.5			$	0.5			$	0.7			$	0.5			$	0.4
Average securities lending balance (in billions)		$	1.5			$	1.8			$	1.4			$	1.6			$	1.2
Interest revenue (in millions)		$	19.3			$	21.7			$	29.2			$	84.9			$	105.4
Interest expense (in millions)			(0.4	)			(0.4	)			(0.4	)			(1.4	)			(2.9	)
Net interest revenue (expense) — securities borrowing/lending (excluding conduit business) (in millions)		$	18.9			$	21.3			$	28.8			$	83.5			$	102.5
Other cash and interest earning investments:
Average balance (in billions)		$	1.0			$	1.2			$	1.0			$	1.1			$	1.1
Average annualized yield			0.09	%			0.09	%			0.10	%			0.09	%			0.33	%
Interest revenue — net (in millions)		$	0.3			$	0.3			$	0.2			$	0.9			$	3.5
Client credit balances:
Average balance (in billions)		$	7.5			$	7.7			$	10.3			$	8.5			$	6.2
Average annualized cost			0.03	%			0.03	%			0.04	%			0.03	%			0.07	%
Interest expense (in millions)			($0.6	)			($0.6	)			($1.1	)			($2.9	)			($4.1	)
Average interest-earning assets (excluding conduit business) (in billions)		$	12.0			$	12.6			$	14.7			$	13.3			$	9.9
Average annualized yield (excluding conduit business)			3.60	%			3.50	%			2.54	%			3.13	%			3.41	%
Net interest revenue (excluding conduit business) (in millions)		$	110.8			$	111.2			$	95.7			$	420.9			$	342.7
Conduit Business:
Average balance (in billions)		$	0.4			$	0.5			$	0.8			$	0.5			$	1.2
Securities borrowing — conduit business:
Average annualized yield			0.34	%			0.35	%			0.37	%			0.34	%			0.86	%
Interest revenue (in millions)		$	0.3			$	0.4			$	0.7			$	1.7			$	10.9
Securities lending — conduit business:
Average annualized cost			0.18	%			0.20	%			0.21	%			0.19	%			0.53	%
Interest expense (in millions)			($0.2	)			($0.2	)			($0.4	)			($0.9	)			($6.7	)
Average interest-earning assets — conduit business (in billions)		$	0.4			$	0.5			$	0.8			$	0.5			$	1.2
Average annualized yield — conduit business			0.16	%			0.16	%			0.16	%			0.15	%			0.33	%
Net interest revenue — conduit business (in millions)		$	0.1			$	0.2			$	0.3			$	0.8			$	4.2
Net Interest Revenue (total):
Average interest-earning assets (excluding conduit business) (in billions)		$	12.0			$	12.6			$	14.7			$	13.3			$	9.9
Average interest-earning assets — conduit business (in billions)			0.4				0.5				0.8				0.5				1.2
Average interest-earning assets — total (in billions)		$	12.4			$	13.1			$	15.5			$	13.8			$	11.1
Average annualized yield — total			3.51	%			3.38	%			2.42	%			3.02	%			3.07	%
Net interest revenue (excluding conduit business) (in millions)		$	110.8			$	111.2			$	95.7			$	420.9			$	342.7
Net interest revenue — conduit business (in millions)			0.1				0.2				0.3				0.8				4.2
Net interest revenue — total (in millions)		$	110.9			$	111.4			$	96.0			$	421.7			$	346.9

NOTE: See Glossary of Terms on the Company’s web site at www.amtd.com for definitions of the above metrics.

TD AMERITRADE HOLDING CORPORATION
RECONCILIATION OF FINANCIAL MEASURES
In thousands, except percentages
(Unaudited)

		Quarter Ended																								Fiscal Year Ended
		Sept. 30, 2010								June 30, 2010								Sept. 30, 2009								Sept. 30, 2010								Sept. 30, 2009
		$				% of Net Rev.				$				% of Net Rev.				$				% of Net Rev.				$				% of Net Rev.				$				% of Net Rev.
EBITDA (1)
EBITDA		$	237,408				39.0	%		$	339,879				49.1	%		$	300,835				45.7	%		$	1,114,438				43.5	%		$	1,219,236				50.6	%
Less:
Depreciation and amortization			(15,460	)			(2.5	%)			(14,499	)			(2.1	%)			(12,592	)			(1.9	%)			(57,032	)			(2.2	%)			(45,891	)			(1.9	%)
Amortization of acquired intangible assets			(24,741	)			(4.1	%)			(25,119	)			(3.6	%)			(25,582	)			(3.9	%)			(100,463	)			(3.9	%)			(73,870	)			(3.1	%)
Interest on borrowings			(11,094	)			(1.8	%)			(11,197	)			(1.6	%)			(7,824	)			(1.2	%)			(44,858	)			(1.8	%)			(40,070	)			(1.7	%)
Provision for income taxes			(72,154	)			(11.9	%)			(109,625	)			(15.8	%)			(98,097	)			(14.9	%)			(319,897	)			(12.5	%)			(415,700	)			(17.3	%)
Net income		$	113,959				18.7	%		$	179,439				25.9	%		$	156,740				23.8	%		$	592,188				23.1	%		$	643,705				26.7	%

										As of
		Sept. 30,				June 30,				Mar. 31,				Dec. 31,				Sept. 30,
		2010				2010				2010				2009				2009
Liquid Assets (2)
Liquid assets		$	1,111,995			$	1,157,356			$	1,197,979			$	1,127,354			$	1,142,127
Plus: Broker-dealer cash and cash equivalents			426,618				510,593				443,329				677,523				473,996
Trust company cash and cash equivalents			50,937				51,488				82,331				34,541				25,143
Investment advisory cash and cash equivalents			28,944				26,946				23,401				20,870				18,935
Less: Corporate short-term investments			—				(739	)			—				(38,237	)			(49,496	)
Excess trust company Tier 1 capital			(12,284	)			(12,637	)			(3,120	)			(3,995	)			(4,658	)
Excess broker-dealer regulatory net capital			(864,718	)			(1,016,544	)			(910,340	)			(914,165	)			(814,836	)
Cash and cash equivalents		$	741,492			$	716,463			$	833,580			$	903,891			$	791,211

Note: The term “GAAP” in the following explanation refers to generally accepted accounting principles in the United States.