Bloomberg Opinion columnist Barry Ritholtz interviews Tim Hockey and Tom Nally

Tim Hockey is CEO and President of TD Ameritrade, a company that serves individual investors and independent RIAs (total client assets $1.3 trillion, as of June 30)

Tom Nally is President of TD Ameritrade Institutional, which provides custody and brokerage services to more than 7,000 independent RIAs. (roughly $650 Bln under custody)

TD hosts Elite LINC each year, a more intimate conference for executives leading some of the industry’s largest and most successful RIA firms. Last month, more than 200 advisory firm executives managing more than $300 billion dollars met in Dana Point for the annual event.