Announced

Robinhood to acquire TradePMR for $300m.

Synopsis

Robinhood, a stock brokerage, agreed to acquire TradePMR, a custodial service and technology company, for $300m. “The TradePMR team has one of the strongest RIA networks in the industry. We’re excited to join forces to build a category-defining advisory platform for the next generation,” Vlad Tenev, Robinhood Chairman and CEO.

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