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词条 Rodger O. Riney
释义

  1. Early life

  2. Career

  3. Personal life

     Philanthropy 

  4. References

{{Infobox person
| name = Rodger O. Riney
| birth_date = {{birth year and age|1946}}
| nationality = American
| alma_mater = University of Missouri
| known_for = Founder of Scottrade
| net worth = $3.5 billion
| footnotes = [1][2]
}}

Rodger O. Riney (born 1946) is a billionaire and the founder of Scottrade, a stockbrokerage that was acquired by TD Ameritrade in 2017.

Early life

Riney was born in 1946 and was introduced to the stock market by his grandparents after giving him 10 shares of a stock. Riney earned a Bachelor of Science in civil engineering and a Master of Business Administration from the University of Missouri. He interned at Edward Jones Investments.[3]

Career

After the deregulation of the brokerage industry in 1975, Riney saw an opportunity to provide lower commission trades. In 1980, he founded Scottsdale Securities in Scottsdale, Arizona.

In 1981, Riney moved to St. Louis and opened a second branch.[4]

In 1996, the company launched its website and electronic trading platform. The number of trades increased by 15% per month, compounded monthly, for 39 months.[5]

Riney's management methods are described as conservative.[2] Scottrade was regularly featured on the list of 100 best companies to work for by Fortune.[6]

In September 2017, TD Ameritrade acquired Scottrade.[7]

Personal life

Riney and his wife, Paula, are members of Kirkwood Baptist Church in St. Louis County, Missouri.

Philanthropy

In the year after selling Scottrade, Riney donated $131 million to various causes.[1]

Riney actively supports non-profit organizations, including the Alzheimer's Association, the Humane Society of the United States, and the Salvation Army.[1]

Riney suffers from multiple myeloma and in 2017, he donated $5 million to fund research on the disease.[8]

In 2018, he donated $20 million to the Washington University School of Medicine.[9]

References

1. ^{{cite news | url=https://www.insidephilanthropy.com/wall-street-donors/rodger-and-paula-riney | title=Rodger & Paula Riney | work=Inside Philanthropy | subscription=yes}}
2. ^{{cite news | url=https://www.bloomberg.com/news/articles/2005-07-31/scottrade-not-the-marrying-kind | title=Scottrade: Not The Marrying Kind | work=Bloomberg News | date=August 1, 2005}}
3. ^{{cite news | url=https://www.reuters.com/article/us-scottrade/scottrade-ceos-secret-sauce-cheap-good-idUSTRE75855F20110609 | title=Scottrade CEO's secret sauce: Cheap & good | last=Reerink | first=Jack | work=Reuters | date=June 9, 2011}}
4. ^{{cite news | url=https://www.bizjournals.com/stlouis/news/2017/09/18/td-ameritrade-closes-on-acquisition-of-scottrade.html | title=TD Ameritrade closes on acquisition of Scottrade | first=Greg | last=Edwards | work=American City Business Journals | date=September 18, 2017}}
5. ^{{cite news | url=https://www.bizjournals.com/stlouis/stories/2000/06/19/focus9.html | title=Rodger Riney, Scottrade Inc. | first=Gil | last=Stuenkel | work=American City Business Journals | date=June 18, 2000}}
6. ^{{cite press release | url=https://www.businesswire.com/news/home/20120119005986/en/Scottrade-Named-FORTUNE-%E2%80%9C100-Companies-Work-For%E2%80%9D | title=Scottrade Named to the FORTUNE “100 Best Companies to Work For” List for Fifth Consecutive Year | publisher=Business Wire | date=January 19, 2012}}
7. ^{{cite press release | url=https://www.businesswire.com/news/home/20170918006375/en/TD-Ameritrade-Closes-Acquisition-Scottrade-Financial-Services | title=TD Ameritrade Closes Acquisition of Scottrade Financial Services, Inc. | publisher=Business Wire | date=September 18, 2017}}
8. ^{{cite news | url=https://together.wustl.edu/Pages/riney-myeloma.aspx | title=Rineys Contribute $5 Million for Multiple Myeloma Research and Treatment | work=Washington University in St. Louis | date=Fall 2017}}
9. ^{{cite news | url=https://www.bizjournals.com/stlouis/news/2018/11/30/washington-university-gets-20-million-gift.html | title=Washington University gets $20 million gift | first=Veneta | last=Rizvic | work=American City Business Journals | date=November 30, 2018}}
{{DEFAULTSORT:Riney, Rodger O.}}

4 : Living people|University of Missouri alumni|People from Scottsdale, Arizona|1946 births

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