Robinhood's TradePMR acquisition changes the industry

Robinhood Dives Into Wealth Management With Acquisition of TradePMR
Robinhood Markets made its name with a free stock-trading app. Now, it’s getting into wealth management. Robinhood has struck a deal to buy TradePMR, a financial company that provides custody, technology,
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.
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.
Robinhood to Acquire TradePMR for $300M to Expand Wealth Management
Robinhood announces $300 million acquisition of TradePMR to expand its wealth management services, integrating a $40 billion RIA platform.
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.
$300 Million TradePMR Acquisition Marks Robinhood’s Wealth Shift
Robinhood acquires TradePMR for $300 million, integrating wealth management tools to target RIAs and the generational wealth transfer market.
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.
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Robinhood Acquires RIA TradePMR to Add Real People to its Platform
Robinhood (NASDAQ:HOOD) has acquired TradePMR, a registered investment advisor (RIA) with $40 billion in assets under ...
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Robinhood to Buy TradePMR for $300 Million in Wealth Client Push
Robinhood Markets Inc. agreed to buy TradePMR, a custodial and portfolio management platform for registered investment advisors, as the online brokerage seeks to target a wider swath of wealthier ...
Think Advisor8h
Robinhood to Buy TradePMR for $300M in RIA Push
Robinhood Markets Inc. agreed to buy TradePMR, a custodial and portfolio management platform for registered investment ...
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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 supporting 350 advisory firms managing more than $40 billion in assets.
Business Insider16h
Robinhood to acquire RIA platform operator TradePMR
Robinhood (HOOD) Markets announced it has entered into an agreement to acquire TradePMR, a custodial and portfolio management platform for Registered Investment Advisors, or RIAs. “With over 25 ...
Robinhood Targets Affluent Investors With $300 Million TradePMR Deal
Robinhood Markets Inc plans to acquire TradePMR for $300 million in cash and stock, expanding into wealth management and catering to affluent clients.
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Robinhood Stock In Focus After Entry Into Wealth Advisory With TradePMR Buy: Retail Stays Upbeat
Shares of Robinhood Markets, Inc. ($HOOD) were attracting investor attention pre-market after the company announced its ...