What do you do as a football coach when the sheriff serves divorce papers on you?
if you are Joe Moglia, you join the MBA Training Program at Merrill Lynch. He then spent the next 17 years there honing his skills until he become Merrill Lynch’s top producer in the World. In 2001, he became CEO of TD Ameritrade, the largest online discount brokerage firm by daily retail online equity trades. Eventually, he became chairman of TD Ameritrade.
Moglia had begun his career as a football coach before moving into finance out of necessity. But he found he liked it, and had a real knack for understanding the industry. Currently, he is chairman of Fundamental Global Investors, which he also co-founded and chairman of Capital Wealth Advisors. He is also chair of athletics at Coastal Carolina University, where he was previously head football coach and recipient of multiple Coach of the Year honors. He is best known for his years as CEO and chairman of TD Ameritrade.
You can stream and download our full conversation, including the podcast extras on iTunes, Spotify, Stitcher, Google, Bloomberg, and Acast. All of our earlier podcasts on your favorite pod hosts can be found here.
Be sure to check out our Masters in Business next week with Steve Romick, Managing Partner of FPA, which manages $26 billion in equity, fixed income, and alternative strategies. Romick manages the $11 billion FPA Crescent Fund since its 1993 inception. He was named Morningstar’s U.S. Allocation Fund Manager of the Year in 2013.