The deal is expected to close in the first half of 2025 and marks the online brokerage's first attempt to win the business of financial advisors.
“The TradePMR team has one of the strongest RIA networks in the industry,” said Vlad Tenev, Chairman and CEO at Robinhood. “We’re excited to join forces to build a category-defining advisory platform for the next generation.”
https://www.streetinsider.com/Corporate+News/Robinhood+%28HOOD%29+To+Acquire+TradePMR/24001653.html