The revelation Tuesday that online brokerage Robinhood Markets had agreed to purchase the RIA custodial and portfolio management platform TradePMR sent shockwaves through the industry. Experts say this acquisition will have far-reaching effects as a generational shift begins. TradePMR's advisors will have access to Robinhood's clients, who tend to be young. Robinhood will now compete one-on-one with Schwab, Pershing, Ameriprise, LPL and Fidelity at the institutional level. I hope you'll check out the article, along with the rest of this week's stories. As always, thank you for reading. Talk to you next Thursday! | 