💨 Abstract

Robinhood Markets, a retail trading platform, is set to acquire TradePMR, a portfolio management platform, for approximately $300 million. The move aims to help Robinhood's customers connect with registered investment advisers (RIAs), as Robinhood seeks to expand its financial services offerings and compete with traditional brokerages like Charles Schwab and Fidelity Investments.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖