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

Retail trading platform Robinhood Markets will acquire portfolio management platform TradePMR in a cash-and-stock deal for ...

Shares of Robinhood Markets, Inc. ($HOOD) were attracting investor attention pre-market after the company announced its ...

Robinhood is pushing into services for registered investment advisers with the $300mn cash-and-shares purchase of TradePMR, a portfolio management platform that marks the broker’s latest move beyond ...

Robinhood Markets Inc. agreed to buy TradePMR, a custodial and portfolio management platform for registered investment ...

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 acquisition of TradePMR, which has over $40 billion in assets under administration, sees Robinhood continue 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.

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, 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 ...