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Robinhood to acquire TradePMR for $300 million

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.

Reuters on MSN · 6h

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.

Barron's · 4h

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.

WealthManagement.com · 8h

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.

https//beincrypto.com · 4h

$300 Million TradePMR Acquisition Marks Robinhood’s Wealth Shift

Robinhood acquires TradePMR for $300 million, integrating wealth management tools to target RIAs and the generational wealth transfer market.

Stocktwits on MSN6h

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 ...

Crowdfund Insider3h

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 ...

Bloomberg L.P.8h

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 ...

Think Advisor6h

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 ...

Business Insider14h

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 ...

InvestmentNews6h

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 Targets Affluent Investors With $300 Million TradePMR Deal

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

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