Joe Moglia is the current head football coach of the Omaha Nighthawks of the United Football League. Moglia is also the current Chairman and former CEO of TD Ameritrade, the largest online discount brokerage firm in the world in terms of the number of retail online equity trades placed each day.
Moglia earned his bachelor's degree in economics from Fordham University, his master's degree in secondary education from the University of Delaware and was a football coach for 16 years, finishing as the defensive coordinator at Dartmouth College from 1981-1983.
After the 1983 football season ended, Moglia decided to start a second career on Wall Street. Moglia joined a training class at Merrill Lynch with twenty-four MBA graduates from Stanford and Harvard.
Moglia spent 17 years at Merrill Lynch, where he was a member of the executive committees for both the institutional business and the private client business. Before leaving to take the role of chief executive officer at Ameritrade Holding Corp (now TD Ameritrade) in 2001, he was responsible for all investment products, the insurance company, the 401(k) business and the middle-market business.
In his seven years at TD Ameritrade, Moglia and his executive management team oversaw the company as its client assets grew from $24 billion to over $300 billion, increased its market capitalization from $700 million to $12 billion and produced five consecutive years of record earnings performance. He has also helped the company capitalize on merger and acquisition opportunities, including two of the largest in the discount brokerage industry: Datek Online Holdings in September 2002 and TD Waterhouse in January 2006.
In March 2008, citing the desire to pursue other interests, Moglia announced he would be vacating the CEO position in the coming fall. A search for his successor took place over the spring and summer. In September 2008, Moglia officially stepped down from his CEO position at TD Ameritrade. Fred Tomczyk, the former COO at TD Bank Financial Group, succeeded him. Not completely leaving the company, Moglia became the new chairman, succeeding J. Joseph Ricketts. It was the first time in the company's history where no member of the Ricketts family was a member of the management team, outside of the few that remain on the board of directors.
Since stepping down as CEO, Moglia has worked as an unpaid voluntary assistant coach/mentor for the University of Nebraska football team. Moglia has stated that he hopes to coach at the collegiate level. On November 10, 2010, Moglia was named as the head coach of the new United Football League franchise, the Virginia Destroyers. On January 12, 2011 he was then named President and head coach of the Omaha Nighthawks. Moglia will coach in TD Ameritrade Park, a stadium that bears the name of a company he still serves on the board for.
He is also the author of two books: The Perimeter Attack Offense and Coach Yourself to Success: Winning the Investment Game.
- Jon Wertheim (September 28, 2010). "Nebraska's billion-dollar assistant". Sports Illustrated. http://sportsillustrated.cnn.com/2010/writers/jon_wertheim/09/28/nebraska.asst/index.html?xid=cnnbin&hpt=Sbin. Retrieved September 29, 2010.
- "Joe Moglia to Assume TD AMERITRADE Chairmanship in Fiscal 2009; Fred Tomczyk Named Next CEO". Business Wire. May 15, 2008. http://findarticles.com/p/articles/mi_m0EIN/is_2008_May_15/ai_n25430393/. Retrieved September 29, 2010.