Ally Financial Buying TradeKing For $275 Million Adding 100 Jobs In Charlotte


ally bank charlotteAlly Financial recently announced the acquisition of a Florida online broker (TradeKing) adding about 100 jobs to its Charlotte workforce.

The purchase is expected to close in the third quarter (regulatory approval is granted) and would include all of TradeKing Group’s offerings: the online broker-dealer service, the company’s robo-advisor platform (TradeKing Advisors), and its educational content, including its popular online trader network, a sort of social media channel for traders.

Ally would purchase TradeKing, including the management of $4.5 billion in client assets, for approximately $275 million.

The acquisition will mean Ally will have about 900 workers in Charlotte.

You can now browse all new job openings around the Charlotte region here.

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