Robinhood agrees to buy TradePMR, a custodial and portfolio management platform for registered investment advisors, in a $300M deal expected to close in H1 2025 (Paige Smith/Bloomberg)

Paige Smith / Bloomberg:
Robinhood agrees to buy TradePMR, a custodial and portfolio management platform for registered investment advisors, in a $300M deal expected to close in H1 2025  —  The deal — for about $300 million in cash and stock — is expected to close in the first half of next year, Robinhood said in a statement.

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