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Robinhood Dives Into Wealth Management With Acquisition of TradePMR

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Robinhood Markets made its name with a free stock-trading app. Now, it’s getting into wealth management. Robinhood has struck a deal to buy TradePMR, a financial company that provides custody, technology, and portfolio management tools to registered investment advisory firms, known as RIAs. The deal gives Robinhood a toehold in…

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