Robinhood Markets (HOOD) has announced a pivotal move in its expansion strategy with the $300 million acquisition of TradePMR, a custodial and portfolio management platform specializing in services for Registered Investment Advisors (RIAs). With this stock and cash deal expected to close in the first half of 2025, HOOD is signaling a significant shift from a retail trading platform to a diversified financial services provider. The deal got support from investors and the company shares touched a three-year h ...