Tag: hood
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Robinhood Q3 2024 earnings report, revenue up 36% yoy to $637M, net income $150M and acquisition of TradePMR
Robinhood on November 19, 2024 announced the acquisition of TradePMR. TradePMR is a portfolio management platform for Registered Investment Advisors (RIAs). They have 25 years of experience and have over $40B in assets under administration. With this $300M acquisition, Robinhood expands their offering for financial advisors to their customers. https://www.tradepmr.com/home Robinhood presented their Q3 2024…