Many fans are curious about Joe Moglia's financial success in April 2026. Our team analyzed the latest data to provide a clear picture of their income.
What Is Joe Moglia's Net Worth and Salary?
In March 2008, Moglia announced he'd step down as CEO in the fall to pursue other interests. The search for his successor lasted well into the summer, at which point Fred Tomczyk, the former COO at TD Bank Financial Group, took over in September. Joe then became chairman, succeeding J. Joseph Ricketts. In 2012 he cofounded Fundamental Global Investors with Kyle Cerminara and has been chairman ever since. Eight years later, in July 2020, they also co-founded FG New America Acquisition Corp, a special purpose acquisition company where he serves as chairman and partner. Moglia would then step down as chairman of TD Ameritrade later in the year when the company merged with Charles Swab Corporation.
Joseph Hugh Moglia was born on April 01, 1949, in New York City. He went to Fordham Preparatory School in the Bronx from 1963 to 1967. He later attended Fordham University, where he earned a bachelor's in economics. Joe also earned a master's degree in secondary education from the University of Delaware.
Joe Moglia is an American entrepreneur, former football coach, and author who has a net worth of $75 million. Joe Moglia is the former chairman and CEO of TD Ameritrade. He was also the head football coach at Coastal Carolina University from 2012 to 2016 and again in 2018, during which the team transitioned from the NCAA Division I Football Championship Subdivision to the NCAA Division I Football Bowl Subdivision and won four Big South Conference Championships. Joe has written the books "The Perimeter Attack Offense" and "Coach Yourself to Success: Winning the Investment Game."
At his peak, Joe Moglia earned $20 million per year in total compensation from TD Ameritrade. He earned over $100 million in salary alone between 2001 and 2009. When he became coach of Coastal Carolina, he opted to be paid just $1, turning down the full $177,000 he was entitled to.
Moglia spent 17 years at Merill Lynch serving on the executive committees for various private client and institutional businesses. He was in charge of the insurance company, investment products, the middle-market business, and the (401) k business before leaving to become CEO of Ameritrade Holding Corp (currently TD Ameritrade) in 2001.
With Moglia at the helm, TD Ameritrade saw client assets soar from $24 billion to over $300 billion and market capitalization jump from $700 million to $12 billion. The company also achieved years of record earnings and capitalized on major acquisition and merger opportunities, including the significant deals with TD Waterhouse in January 2006 and Datek Online Holdings four years earlier.
Moglia spent 16 years coaching football, wrapping up his career as the defensive coordinator of Dartmouth College from 1981 to 1983. He decided to make a big career switch after the 1983 season, joining the Merrill Lynch MBA training program on Wall Street. He was the only football coach among the 26 trainees, all of whom were MBA graduates.
Early Life and Career Beginnings
Ultimately, Joe Moglia's financial journey is a testament to their success.
Disclaimer: All net worth figures are estimates based on public data.