Exhibit 99.1

At the Company Kim Hillyer Senior Manager, Communications (402) 574-6523 kim.hillyer@tdameritrade.com		Jeff Goeser Director, Investor Relations and Finance (402) 597-8464 jeffrey.goeser@tdameritrade.com

TD AMERITRADE Continues to Deliver Strong Organic Growth and Solid Financial Results

Net New Client Assets of $8.7 Billion
Gross New Accounts of 180,000
First Quarter Earnings Per Share of $0.23

OMAHA, Neb., January 19, 2010 — TD AMERITRADE Holding Corporation (NASDAQ: AMTD) has released results for the first quarter of fiscal 2010. The Company continues to deliver strong client asset and account growth. Client trading volumes, while healthy, have decreased some from record highs, but the Company is encouraged by the increase in retail investor engagement it has experienced so far in January 2010. Management remains focused on executing its long-term growth strategy and positioning the firm for an improving economic environment.

The Company’s results for the quarter ended Dec. 31, 2009 include the following (year-over-year comparisons): ⁽¹⁾

	•		Net income of $136 million, or $0.23 per diluted share
	•		Net new client assets of $8.7 billion, or an annualized growth rate of 12 percent on beginning client assets
	•		Average client trades per day of approximately 379,000, an increase of 6 percent
	•		Gross new accounts of approximately 180,000, a decrease of 17 percent
	•		Net revenues of $625 million, 45 percent of which were asset-based
	•		Operating income of $240 million, or 38 percent of net revenues
	•		Pre-tax income of $220 million, or 35 percent of net revenues
	•		EBITDA of $271 million, or 43 percent of net revenues(2)
	•		Liquid assets of $1.1 billion(2)
	•		Client assets of approximately $319 billion, including a record $58 billion in client cash

“We have taken a number of steps over the last year to mitigate the impact of the near-zero interest rate environment, all while continually delivering strong organic growth and business fundamentals,” said Fred Tomczyk, president and chief executive officer. “Everything we did this quarter, from investing in client account and asset acquisition to improving the flexibility of our capital structure, was done with a view towards our long-term growth. We remain committed to taking advantage of opportunities to grow our organization and are well-positioned for an improving economic environment.”

“Despite the ongoing low interest rate environment, we have actually increased our asset-based revenues quarter-over-quarter, largely due to our strong organic growth and the implementation of our new cash management strategy,” said Bill Gerber, executive vice president and chief financial officer. “We also entered the capital markets and refinanced our long-term debt on attractive terms. These efforts, combined with vigilant expense management, strengthen our earnings potential over the balance of the year and beyond.”

Company Hosts Conference Call

TD AMERITRADE will host its December Quarter conference call this morning, Jan. 19, 2010, at 7:30 a.m. CST. Participants may listen to the call by dialing 877-741-4249. Interested parties may listen to a replay of the call by dialing 888-203-1112 and the passcode 8440394. The Company will Webcast the conference live at www.amtd.com and will make all accompanying materials available for participants to print prior to the call.

AMTD-E

About TD AMERITRADE Holding Corporation

TD AMERITRADE Holding Corporation (NASDAQ: AMTD), through its brokerage subsidiaries,⁽³⁾ 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 brokerage and dynamic trading platform⁽⁴⁾ 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. 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
		Dec. 31, 2009				Sept. 30, 2009				Dec. 31, 2008
Revenues:
Transaction-based revenues:
Commissions and transaction fees		$	309,388			$	362,149			$	287,113
Asset-based revenues:
Interest revenue			101,240				98,116				92,514
Brokerage interest expense			(1,827	)			(2,089	)			(7,675	)
Net interest revenue			99,413				96,027				84,839
Insured deposit account fees			155,331				143,198				163,230
Investment product fees			29,421				27,995				69,166
Total asset-based revenues			284,165				267,220				317,235
Other revenues			31,065				28,562				6,381
Net revenues			624,618				657,931				610,729
Operating expenses:
Employee compensation and benefits			146,639				144,757				117,390
Clearing and execution costs			21,905				24,031				15,628
Communications			24,659				25,729				18,744
Occupancy and equipment costs			34,889				34,682				30,127
Depreciation and amortization			13,610				12,592				11,503
Amortization of acquired intangible assets			25,580				25,582				15,538
Professional services			33,707				34,215				27,339
Advertising			65,193				55,951				46,697
Other			18,036				23,902				11,564
Losses on client guarantees			—				13,829				—
Total operating expenses			384,218				395,270				294,530
Operating income			240,400				262,661				316,199
Other expense:
Interest on borrowings			11,629				7,824				15,637
Loss on debt refinancing			8,392				—				—
Total other expense			20,021				7,824				15,637
Pre-tax income			220,379				254,837				300,562
Provision for income taxes			84,142				98,097				116,164
Net income		$	136,237			$	156,740			$	184,398
Earnings per share — basic		$	0.23			$	0.27			$	0.31
Earnings per share — diluted		$	0.23			$	0.26			$	0.31
Weighted average shares outstanding — basic			587,843				586,544				591,748
Weighted average shares outstanding — diluted			595,634				595,052				600,601

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

		Dec. 31, 2009				Sept. 30, 2009
Assets:
Cash and cash equivalents		$	903,891			$	791,211
Short-term investments			40,477				52,071
Segregated cash and investments			5,570,850				5,813,862
Broker/dealer receivables			1,158,994				1,777,741
Client receivables			6,329,011				5,712,261
Goodwill and intangible assets			3,668,017				3,696,820
Other			775,944				527,844
Total assets		$	18,447,184			$	18,371,810
Liabilities and stockholders’ equity:
Liabilities:
Broker/dealer payables		$	2,004,163			$	2,491,617
Client payables			10,546,040				9,914,823
Long-term debt			1,256,983				1,414,900
Other			935,353				999,187
Total liabilities			14,742,539				14,820,527
Stockholders’ equity			3,704,645				3,551,283
Total liabilities and stockholders’ equity		$	18,447,184			$	18,371,810

TD AMERITRADE HOLDING CORPORATION
SELECTED OPERATING DATA

		Quarter Ended
		Dec. 31, 2009				Sept. 30, 2009				Dec. 31, 2008
Key Metrics:
Net new assets (in billions)		$	8.7			$	5.4			$	7.8
Average client trades per day			378,561				410,576				357,294
Profitability Metrics:
Operating margin			38.5	%			39.9	%			51.8	%
Pre-tax margin			35.3	%			38.7	%			49.2	%
Return on client assets (annualized)			0.29	%			0.36	%			0.49	%
Return on average stockholders’ equity (annualized)			15.0	%			18.2	%			24.5	%
EBITDA as a percentage of net revenues			43.4	%			45.7	%			56.2	%
Debt Metrics:
Interest on borrowings (in millions)		$	11.6			$	7.8			$	15.6
Average debt outstanding (in billions)		$	1.4			$	1.4			$	1.5
Leverage ratio (average debt/annualized EBITDA)			1.3				1.2				1.1
Interest coverage ratio (EBITDA/interest on borrowings)			23.3				38.5				22.0
Transaction-Based Revenue Metrics:
Total trades (in millions)			23.8				26.3				22.5
Average commissions and transaction fees per trade(1)		$	12.98			$	13.53			$	12.76
Average client trades per account (annualized)			12.5				13.7				12.8
Activity rate — total accounts			5.0	%			5.5	%			5.1	%
Activity rate — funded accounts			7.1	%			7.8	%			7.2	%
Trading days			63.0				64.0				63.0
Spread-Based Asset Metrics:
Average interest-earning assets (excluding conduit business) (in billions)		$	15.5			$	14.7			$	7.5
Average insured deposit account balances (in billions)			32.6				28.3				17.9
Average spread-based balance (in billions)		$	48.1			$	43.0			$	25.4
Net interest revenue (excluding conduit business) (in millions)		$	99.2			$	95.7			$	82.1
Insured deposit account fee revenue (in millions)			155.3				143.2				163.2
Spread-based revenue (in millions)		$	254.5			$	238.9			$	245.3
Avg. annualized yield — interest-earning assets (excluding conduit business)			2.50	%			2.54	%			4.27	%
Avg. annualized yield — insured deposit account fees			1.87	%			1.98	%			3.57	%
Net interest margin (NIM)			2.07	%			2.17	%			3.78	%
Interest days			92				92				92
Fee-Based Investment Metrics:
Average balance (in billions)		$	58.5			$	57.0			$	62.8
Investment product fee revenue (in millions)		$	29.4			$	28.0			$	69.2
Average annualized yield			0.20	%			0.19	%			0.43	%
Client Account and Client Asset Metrics:
Total accounts (beginning of period)			7,563,000				7,491,000				6,895,000
New accounts opened			180,000				151,000				217,000
Accounts closed			(68,000	)			(79,000	)			(60,000	)
Total accounts (end of period)			7,675,000				7,563,000				7,052,000
Percentage change during period			1	%			1	%			2	%
Funded accounts (beginning of period)			5,279,000				5,291,000				4,918,000
Funded accounts (end of period)			5,327,000				5,279,000				5,013,000
Percentage change during period			1	%			(0	%)			2	%
Client assets (beginning of period, in billions)		$	302.0			$	265.0			$	278.0
Client assets (end of period, in billions)		$	318.6			$	302.0			$	233.8
Percentage change during period			5	%			14	%			(16	%)

TD AMERITRADE HOLDING CORPORATION
SELECTED OPERATING DATA

		Quarter Ended
		Dec. 31, 2009				Sept. 30, 2009				Dec. 31, 2008
Net Interest Revenue (excluding Conduit Business):
Segregated cash:
Average balance (in billions)		$	7.8			$	7.8			$	1.7
Average annualized yield			0.13	%			0.14	%			0.38	%
Interest revenue (in millions)		$	2.6			$	2.8			$	1.6
Client margin balances:
Average balance (in billions)		$	6.1			$	5.2			$	4.5
Average annualized yield			4.81	%			4.86	%			5.64	%
Interest revenue (in millions)		$	74.7			$	65.0			$	64.8
Securities borrowing/lending (excluding conduit business):
Average securities borrowing balance (in billions)		$	0.7			$	0.7			$	0.2
Average securities lending balance (in billions)		$	1.6			$	1.4			$	1.3
Interest revenue (in millions)		$	23.0			$	29.2			$	17.2
Interest expense (in millions)			(0.3	)			(0.4	)			(1.6	)
Net interest revenue (expense) — securities borrowing/lending (excluding conduit business) (in millions)		$	22.7			$	28.8			$	15.6
Other cash and interest earning investments:
Average balance (in billions)		$	0.9			$	1.0			$	1.1
Average annualized yield			0.12	%			0.10	%			0.63	%
Interest revenue — net (in millions)		$	0.3			$	0.2			$	1.7
Client credit balances:
Average balance (in billions)		$	10.9			$	10.3			$	4.2
Average annualized cost			0.04	%			0.04	%			0.15	%
Interest expense (in millions)		$	(1.1	)		$	(1.1	)		$	(1.6	)
Average interest-earning assets (excluding conduit business) (in billions)		$	15.5			$	14.7			$	7.5
Average annualized yield (excluding conduit business)			2.50	%			2.54	%			4.27	%
Net interest revenue (excluding conduit business) (in millions)		$	99.2			$	95.7			$	82.1
Conduit Business:
Average balance (in billions)		$	0.6			$	0.8			$	1.6
Securities borrowing — conduit business:
Average annualized yield			0.35	%			0.37	%			1.56	%
Interest revenue (in millions)		$	0.5			$	0.7			$	6.4
Securities lending — conduit business:
Average annualized cost			0.22	%			0.21	%			0.90	%
Interest expense (in millions)		$	(0.3	)		$	(0.4	)		$	(3.7	)
Average interest-earning assets — conduit business (in billions)		$	0.6			$	0.8			$	1.6
Average annualized yield — conduit business			0.13	%			0.16	%			0.65	%
Net interest revenue — conduit business (in millions)		$	0.2			$	0.3			$	2.7
Net Interest Revenue (total):
Average interest-earning assets (excluding conduit business) (in billions)		$	15.5			$	14.7			$	7.5
Average interest-earning assets — conduit business (in billions)			0.6				0.8				1.6
Average interest-earning assets — total (in billions)		$	16.1			$	15.5			$	9.1
Average annualized yield — total			2.42	%			2.42	%			3.63	%
Net interest revenue (excluding conduit business) (in millions)		$	99.2			$	95.7			$	82.1
Net interest revenue — conduit business (in millions)			0.2				0.3				2.7
Net interest revenue — total (in millions)		$	99.4			$	96.0			$	84.8

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
		Dec. 31, 2009								Sept. 30, 2009								Dec. 31, 2008
		$				% of Rev.				$				% of Rev.				$				% of Rev.
EBITDA (1)
EBITDA		$	271,198				43.4	%		$	300,835				45.7	%		$	343,240				56.2	%
Less:
Depreciation and amortization			(13,610	)			(2.2	%)			(12,592	)			(1.9	%)			(11,503	)			(1.9	%)
Amortization of acquired intangible assets			(25,580	)			(4.1	%)			(25,582	)			(3.9	%)			(15,538	)			(2.5	%)
Interest on borrowings			(11,629	)			(1.9	%)			(7,824	)			(1.2	%)			(15,637	)			(2.6	%)
Pre-tax income		$	220,379				35.3	%		$	254,837				38.7	%		$	300,562				49.2	%

		As of
		Dec. 31,				Sept. 30,				June 30,				Mar. 31,				Dec. 31,
		2009				2009				2009				2009				2008
Liquid Assets (2)
Liquid assets		$	1,124,418			$	1,142,127			$	1,054,084			$	1,151,346			$	1,308,015
Plus: Broker-dealer cash and cash equivalents			677,523				473,996				858,350				565,493				838,061
Trust company cash and cash equivalents			34,541				25,143				65,805				38,203				99,173
Investment advisory cash and cash equivalents			20,870				18,935				15,989				14,273				13,038
Less: Corporate short-term investments			(38,237	)			(49,496	)			(49,496	)			(75,392	)			(83,560	)
Excess trust Tier 1 capital			(3,995	)			(4,658	)			(6,213	)			(7,637	)			(101,253	)
Excess broker-dealer regulatory net capital			(911,229	)			(814,836	)			(818,695	)			(613,644	)			(919,319	)
Cash and cash equivalents		$	903,891			$	791,211			$	1,119,824			$	1,072,642			$	1,154,155

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