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 ...
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.
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 ...