Robinhood's TradePMR acquisition changes the industry

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's Acquisition of TradePMR to Transform Wealth Management
In sync with its strategy to become a one-stop shop for financial services, HOOD announces an agreement to acquire 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.
Robinhood’s $300M TradePMR Acquisition Targets $84 Trillion Wealth Transfer
Robinhood is set to acquire TradePMR for $300 million to enhance its investment advisory services and expand its wealth management capabilities.
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, has more than $40bn in assets under administration.
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.
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.
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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 ...
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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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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 ...
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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 $40 billion in assets under ...
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Robinhood Stock In Focus After Entry Into Wealth Advisory With TradePMR Buy: Retail Stays Upbeat
Shares of Robinhood Markets, Inc. ($HOOD) were attracting investor attention pre-market after the company announced its ...