TradePMR, Robinhood

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 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 Buy TradePMR for $300M in RIA 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 investors. The deal — for about $300 million in cash and stock — is expected to close in the first half of next year, Robinhood said in a statement.
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 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.
Robinhood Markets Acquires TradePMR For $300M
TradePMR has more than $40 billion in assets under management, according to Robinhood's press release. The deal gives advisors affiliated with TradePMR access to Robinhood's client base of younger millennial and Gen Z investors.
Bloomberg L.P.3h
Robinhood to Buy TradePMR for $300 Million in Wealth Client Push
Robinhood Markets Inc. agreed to buy TradePMR, a custodial and portfolio management platform for registered investment advisors, as the online brokerage seeks to target a wider swath of wealthier ...
Stocktwits on MSN1h
Robinhood Stock In Focus After Entry Into Wealth Advisory With TradePMR Buy: Retail Stays Upbeat
Shares of Robinhood Markets, Inc. ($HOOD) were attracting investor attention pre-market after the company announced its ...
Financial Advisor IQ35m
Robinhood to Buy $40B RIA Platform TradePMR
The deal, which will further engrain Robinhood into traditional wealth management, is valued at around $300 million. Zero-commission pioneer Robinhood Markets is taking a big swing at the registered ...
Yahoo Finance1mon
TradePMR Enhances New Account Opening Capabilities to Support Advisor Growth
As independent advisors continue to add new clients and grow share of wallet, automated custodial solution helps streamline onboarding processes The updates to TradePMR’s platform include ...