Robinhood to acquire TradePMR for $300 million

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 to Boost Advisory Business
"Robinhood's client base is the next generation of investors. We believe this acquisition allows us to build a multi-generational platform that will help introduce financial advisers to this next generation," said Robb Baldwin, founder and CEO of TradePMR.
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 $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 $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'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).
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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 ...
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JMP says Robinhood acquisition of TradePMR ‘has strong strategic merits’
JMP Securities notes that Robinhood (HOOD) is entering $7T-plus complementary addressable market with announced acquisition of TradePMR. The firm believes the acquisition has strong strategic ...
Bloomberg L.P.1d
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 ...
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Analyst Upgrades Outperforming Robinhood Stock
The analyst in coverage noted Robinhood could benefit from new crypto-friendly leadership at the U.S. Securities and Exchange ...
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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 $40 billion in assets under ...
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Robinhood to acquire RIA platform operator TradePMR
Robinhood (HOOD) Markets announced it has entered into an agreement to acquire TradePMR, a custodial and portfolio management platform for Registered Investment Advisors, or RIAs. “With over 25 ...
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Robinhood Stock In Focus After Entry Into Wealth Advisory With TradePMR Buy: Retail Stays Upbeat
Shares of Robinhood Markets, Inc. ($HOOD) were attracting investor attention pre-market after the company announced its ...