Robinhood Targets Affluent Investors With $300 Million TradePMR Deal
Robinhood Targets Affluent Investors With $300 Million TradePMR Deal
This strategic move will allow TradePMR's RIAs to seamlessly access Robinhood's growing client network while offering existing Robinhood users enhanced advisory services.On Tuesday, Robinhood Markets Inc (NASDAQ:HOOD) said it plans to acquire TradePMR, a custodial and portfolio management platform specializing in registered investment advisors (RIAs).
週二，Robinhood Markets Inc（納斯達克：HOOD）表示計劃收購TradePMR，這是一家專注於註冊投資顧問（RIA）的保管和投資組合管理平台。
The deal, valued at approximately $300 million in cash and stock, is set to close in the first half of 2025. It is expected to expand Robinhood's reach into wealth management and cater to a more affluent client base.
這項交易的現金和股票價值約爲30000萬美元，預計將於2025年上半年完成。它預計將擴大Robinhood在财富管理領域的影響力，併爲更富裕的客戶群體提供服務。
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This strategic move will allow TradePMR's RIAs to seamlessly access Robinhood's growing client network while offering existing Robinhood users enhanced advisory services.
這一戰略舉措將使TradePMR的RIA能夠無縫訪問Robinhood不斷增長的客戶網絡，同時爲現有的Robinhood用戶提供增強的顧問服務。
Based in Gainesville, Florida, TradePMR oversees more than $40 billion in assets under administration. As part of the deal, the TradePMR team will integrate with Robinhood to streamline operations and bolster its service offerings.
TradePMR總部位於佛羅里達州的蓋恩斯維爾，管理着超過400億美元的資產。作爲交易的一部分，TradePMR團隊將與Robinhood整合，以簡化運營並加強其服務提供。
Robinhood has steadily diversified its portfolio to compete with established players such as Charles Schwab Corp (NYSE:SCHW) and Fidelity Investments, Bloomberg reports.
據彭博社報道，Robinhood已經穩定地多元化其投資組合，以與諸如嘉信理財（花旗集團）（紐交所：SCHW）和富達投資等成熟機構競爭。
The company has rolled out new features, including cryptocurrency trading, a credit card, and election betting.
公司推出了新功能，包括數字貨幣交易、信用卡和選舉博彩。
Chief Brokerage Officer Steve Quirk highlighted to Bloomberg the importance of addressing the imminent generational wealth transfer, which will likely redefine advisory services as younger investors inherit substantial assets.
首席券商官史蒂夫·奎克向彭博社強調了應對即將到來的代際財富轉移的重要性，這可能會重新定義顧問服務，因爲年輕投資者將繼承大量資產。
TradePMR's CEO, Robb Baldwin, emphasized to Bloomberg the synergy between Robinhood's younger investor demographic and TradePMR's advisory expertise.
TradePMR的首席執行官Robb Baldwin在接受彭博社採訪時強調了Robinhood年輕投資者群體與TradePMR顧問專業知識之間的協同作用。
The partnership aims to mitigate challenges traditionally faced by advisors, such as losing clients during asset transfers to heirs or spouses. Citigroup acted as Robinhood's financial advisor, while Lazard advised TradePMR on the transaction.
該合作關係旨在緩解顧問面臨的傳統挑戰，例如在資產轉移給繼承人或配偶時失去客戶。花旗集團擔任Robinhood的財務顧問，而lazard則爲TradePMR提供交易諮詢。
Robinhood Markets stock surged 183% year-to-date.
Robinhood Markets的股票今年迄今上漲了183%。
Robinhood reported a third-quarter revenue of $637 million, which was up by 36.4%, but it missed the analyst consensus of $651 million.
Robinhood報告了第三季度營業收入爲63700萬，同比增長36.4%，但未能達到分析師共識的65100萬。
Needham upgraded Robinhood to Buy, projecting gains from pro-crypto policies under a potential Donald Trump administration.
Needham將Robinhood評級上調至買入，預計在潛在的特朗普概念政府下會受益於支持數字貨幣的政策。
Analyst John Todaro highlighted Robinhood's expanded crypto offerings, expecting further additions and market share growth. Todaro noted that Robinhood's diverse services, including equities and crypto, position it for stable revenue amid market shifts. A $40 price target reflects expectations for growth driven by crypto leverage and one-stop financial service appeal.
分析師John Todaro強調了Robinhood擴大的數字貨幣產品，預計會有進一步的產品增加和市場份額增長。Todaro指出，Robinhood多樣化的服務，包括股票和數字貨幣，使其在市場變化中能夠實現穩定的營業收入。40美元的價格目標反映了對依靠數字貨幣槓桿和一站式金融服務吸引力推動增長的預期。
Price Action: HOOD stock is up 3.22% at $36.13 at last check Tuesday.
價格走勢：HOOD股票在週二最後檢查時上漲了3.22%，報36.13美元。
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譯文內容由第三人軟體翻譯。
