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

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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 ...

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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 ...

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

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 ...

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

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 ...