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.
Robinhood to acquire TradePMR for $300 million to boost advisory business
Retail trading platform Robinhood Markets will acquire portfolio management platform TradePMR in a cash-and-stock deal for about $300 million, the companies said on Tuesday.Robinhood has been pushing to grab market share from traditional brokerages such as Charles Schwab and Fidelity Investments in its effort to become to a full-fledged financial services provider.
Robinhood to Acquire TradePMR for $300M to Expand Wealth Management
Robinhood announces $300 million acquisition of TradePMR to expand its wealth management services, integrating a $40 billion RIA platform.
$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.
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.
How Robinhood's TradePMR acquisition changes the industry
Experts say this acquisition will have far-reaching effects on the entire wealth management industry as a generational shift is underway.
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Robinhood to Buy TradePMR for $300 Million in Wealth Client Push
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