TD Ameritrade Holding Corporation (Nasdaq: AMTD) recently announced that its U.S. brokerage firm will eliminate commissions for its online exchange-listed stock, and ETF trades (domestic and Canadian), moving from $6.95 to $0.00.

Rates will be effective for independent registered investment advisors, such as Bagby Wealth Management, that utilizes TD Ameritrade Institutional as a custodian.

This is great news for our clients, and thanks to the diversity of our business model, we're able to make it a reality," said Steve Boyle, chief financial officer, TD Ameritrade.

Bagby Wealth Management is proud to have the opportunity to pass these savings on to their clients.