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Robinhood, TradePMR
Why Robinhood is spending $300 million to buy a wealth management platform
Robinhood has made its name over the past decade-plus as the investing platform for millennials and Gen Zers interested in trading and exploring alternative investments like crypto. Now those early users are getting older,
Robinhood buys wealth management platform TradePMR
Ahead of what’s projected to be the largest wealth transfer in history, Robinhood is bringing financial advisers directly to its 24 million customers.
Robinhood Dives Into Wealth Management With Acquisition of TradePMR
The brokerage firm will buy TradePMR, which custodies assets on behalf of financial advisors and has more than $40 billion in assets under advisement.
Robinhood to Acquire $40B AUA TradePMR
The deal marks Robinhood’s move into wealth management. The firm says it wants to connect its investors with human advisors.
Robinhood to acquire TradePMR for $300 million to boost advisory business
Retail trading platform Robinhood Markets will acquire portfolio management platform TradePMR in a cash-and-stock deal for about $300 million, the companies said on Tuesday. Robinhood has been pushing to grab market share from traditional brokerages such as Charles Schwab and Fidelity Investments in its effort to become to a full-fledged financial services provider.
Robinhood to acquire TradePMR for $300 million: Here's what the CEOs have to say
Vlad Tenev, Robinhood Chairman & CEO, and Robb Baldwin, TradePMR founder & CEO, join CNBC's 'Halftime Report' to discuss the acquisition and what it means for the fintech landscape.
Robinhood's Acquisition of TradePMR to Transform Wealth Management
Robinhood Markets HOOD has announced a pivotal move in its expansion strategy with the $300 million acquisition of TradePMR, a custodial and portfolio management platform specializing in services for Registered Investment Advisors (RIAs).
Robinhood to buy portfolio management platform TradePMR for $300m
Trading app Robinhood Markets has reached a cash-stock deal worth around $300m to acquire TradePMR, a custodial and portfolio management platform for registered investment advisors (RIAs). TradePMR, with over 25 years of industry experience,
How Robinhood's TradePMR acquisition changes the industry
Experts say this acquisition will have far-reaching effects on the entire wealth management industry as a generational shift is underway.
1d
on MSN
Robinhood’s Dan Gallagher bows out of race for SEC chair — despite being frontrunner
Dan Gallagher, reportedly a top contender to lead the Securities and Exchange Commission, said Friday he is not interested in ...
1d
on MSN
Robinhood's top attorney Gallagher rules out SEC chair role
Robinhood Markets' Chief Legal Officer Dan Gallagher, a former commissioner of the Securities and Exchange Commission who was ...
2d
Robinhood: Big Acquisitions, Strong Upside
Robinhood Markets is expanding into the strategic market of retirement accounts. Click here to find out why HOOD stock has ...
InvestmentNews
4d
Robinhood ventures into the RIA space with $300M TradePMR deal
The transaction, set to complete in the first half of next year, will give the online trading giant access to a platform ...
1d
on MSN
Robinhood's chief legal officer Gallagher rules out becoming SEC chair, CNBC reports
Robinhood Markets' Chief Legal Officer Dan Gallagher, a former commissioner of the Securities and Exchange Commission who was ...
3d
Robinhood Stock Enjoys Gains on Hopes of Trump Deregulation
Robinhood Markets is proving to be a big winner from the post-election rally, as the brokerage that pioneered zero-commission ...
CoinDesk on MSN
3d
Robinhood Is the Top Crypto Deregulation Trade, Bernstein Says
Robinhood (HOOD) is set to be the biggest beneficiary of regulatory tailwinds from a potentially pro-crypto U.S. Securities ...
Benzinga.com
2d
Decoding Robinhood Markets's Options Activity: What's the Big Picture?
Investors with a lot of money to spend have taken a bearish stance on
Robinhood
Markets HOOD. And retail traders should ...
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