Great Moments in Financial Services

Down in Orlando, the guys at Ameritrade who deal with investment advisers must have felt like they should have stayed in bed. Well, actually, one of them did:

TD Ameritrade Institutional dedicated much of the first 90 minutes of its annual conference for advisers in Orlando, Fla. issuing a stream of apologies for the series of blunders in technology and service that beset the firm in 2007.

The task for the Jersey City, N.J.-based asset custodian at Partnership 2008 was made more awkward when Joe Moglia, the chairman and chief executive of TD Ameritrade Holding Corp., overslept and was late to deliver the opening speech.