Robinhood Markets Inc plans to acquire TradePMR for $300 million in cash and stock, expanding into wealth management and catering to affluent clients.

The brokerage firm will buy TradePMR which custodies assets on behalf of financial advisors and has more than $40 billion in ...

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 ...

Robinhood has been pushing to grab market share from traditional brokerages such as Charles Schwab and Fidelity Investments ...

Robinhood Markets Inc. agreed to buy TradePMR, a custodial and portfolio management platform for registered investment ...

Shares of Robinhood Markets, Inc. ($HOOD) were attracting investor attention pre-market after the company announced its ...

Robinhood Markets Inc. agreed to buy TradePMR, a custodial and portfolio management platform for registered investment ...

With the latest halving now about six months behind us, the market could remain in an upward trajectory for another 6 to 12 months if past patterns hold true, according to analysts at Piper Sandler.

The deal marks Robinhood’s move into wealth management. The firm says it wants to connect its investors with human advisors.

Fintel reports that on November 18, 2024, Needham upgraded their outlook for Robinhood Markets (NasdaqGS:HOOD) from Hold to ...

Moreover, Needham’s analyst sees retail-driven market trends, particularly meme stock trading, as beneficial for Robinhood. The company has a proven track record of capitalizing on trends in the ...

Robinhood Markets Inc.'s stock was up nearly 8% on Monday after Needham analyst John Todaro said the online broker is poised to benefit from the incoming Trump administration. Robinhood will likely la ...