John O’Connell Featured in Financial Planning Magazine: How Robinhood’s TradePMR acquisition changes the industry
John O'Connell2024-11-20T20:50:58+00:00In 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.