Robinhood to Acquire $40B AUA TradePMRThe deal marks Robinhood’s move into wealth management. The firm says it wants to connect its investors with human advisors.
Investment Bankers: Fisher Is a Different BeastFisher Investments’ $12.75 billion valuation does not set a new benchmark for RIAs, but given the size, scope and buyer, it marks an inflection point for the industry overall, observers say.
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