Vlad Tenev, Robinhood Chairman & CEO, and Robb Baldwin, TradePMR founder & CEO, join CNBC's 'Halftime Report' to discuss the ...
The brokerage firm will buy TradePMR which custodies assets on behalf of financial advisors and has more than $40 billion in ...
Robinhood has been pushing to grab market share from traditional brokerages such as Charles Schwab and Fidelity Investments ...
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 ...
Robinhood Markets Inc plans to acquire TradePMR for $300 million in cash and stock, expanding into wealth management and catering to affluent clients.
Robinhood acquires TradePMR for $300 million, integrating wealth management tools to target RIAs and the generational wealth transfer market.
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 ...
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.
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 acquisition of TradePMR, which has over $40 billion in assets under administration, sees Robinhood continue its ...