Robinhood (NASDAQ:HOOD) has acquired TradePMR, a registered investment advisor (RIA) with $40 billion in assets under ...
Robinhood Markets Inc. agreed to buy TradePMR, a custodial and portfolio management platform for registered investment advisors, as the online brokerage seeks to target a wider swath of wealthier ...
Shares of Robinhood Markets, Inc. ($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 ...
Robinhood Markets Inc plans to acquire TradePMR for $300 million in cash and stock, expanding into wealth management and catering to affluent clients.
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.
The acquisition of TradePMR, which has over $40 billion in assets under administration, sees Robinhood continue its ...