Trading app Robinhood Markets has reached a cash-stock deal worth around $300m to acquire TradePMR, a custodial and portfolio ...
Robinhood Markets made its name with a free stock-trading app. Now, it’s getting into wealth management. Robinhood has struck ...
The firm known for stock trading will connect users to financial advisers, expanding further into financial services after ...
Experts say this acquisition will have far-reaching effects on the entire wealth management industry as a generational shift ...
Robinhood has achieved significant growth, with a 65% stock increase since October 5th. Check out why I remain bullish on ...
The deal marks Robinhood’s move into wealth management. The firm says it wants to connect its investors with human advisors.
(Reuters) - Retail trading platform Robinhood Markets will acquire portfolio management platform TradePMR in a cash-and-stock ...
Robinhood Markets Inc. agreed to buy TradePMR, a custodial and portfolio management platform for registered investment ...
Robinhood announces $300 million acquisition of TradePMR to expand its wealth management services, integrating a $40 billion ...
The transaction, set to complete in the first half of next year, will give the online trading giant access to a platform ...
While results of the deal won’t be seen for years, RIAs remain optimistic about the opportunities it presents for the space.
While TradePMR was launched 25 years ago, the firm has become increasingly aggressive in the custodian landscape over the last three years following Charles Schwab's acquitision of TD Ameritrade.