The No Name That's Shadowing Schwab

Canadian-backed discount broker TD Waterhouse is gaining on the industry leader

Frank J. Petrilli doesn't let much stand in the way of promoting discount broker TD Waterhouse Group Inc. to investors. When the firm's $1 billion initial public offering in June conflicted with his long-planned wedding at New York's Windows on the World restaurant, the Waterhouse president knew what to do. "I flew in Saturday morning, got married Saturday night, and flew out Sunday morning," says Petrilli. "Couldn't take a honeymoon."

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