John O’Connell Featured in Financial Planning Magazine: How Robinhood’s TradePMR acquisition changes the industry
In this article from Financial Planning Magazine, John O’Connell weighs in on Robinhood’s acquisition of TradePMR, noting that the move should benefit both parties and have a significant impact on the industry: “This may have a huge impact on the wealth management playing field. Advisory firms who want to build their business through a referral network will need to strongly evaluate TradePMR as a custodian option.”
The Oasis Group’s Vantage Point Peaks Research for Custodian Platforms already rated TradePMR as a leading firm for their custody platform. This acquisition gives TradePMR a large infusion of cash for TradePMR to continue to enhance their custodian platform.
