The investing landscape is shifting faster than ever — and so are the expectations of investors. At Hood Summit 25, TradePMR got a firsthand look at how Robinhood is building to meet those expectations, and what it could mean for the future of financial advice.
During the conference, Robb Baldwin, Founder and General Manager of TradePMR, sat down with Oliver Renick, host of The Narrative, to unpack how technology, generational change, and investor behavior are redefining what it means to be an advisor.
How do financial advisors connect with investors who’ve grown up trading options, crypto, and meme stocks? When clients already understand volatility and are seeking upside, how can advisors convince them that long-term planning and trusted advice still matter?
Below is an excerpt of Robb’s answers to some of those questions. Click here to check out the full conversation.
Robb Baldwin, Founder and General Manager of TradePMR: “For the last 10 years, the question in the advisor world has been, how are we going to reach the next generation? Everyone’s tried to build the technology to make that connection, but it hasn’t worked.
When Robinhood called, it made perfect sense. This partnership instantly connects us to the next generation — millennials and Gen Z — just as they begin inheriting what’s projected to be $124 trillion over the next 10 to 15 years.1 That’s going to transform this business. It allows Robinhood’s 26 million-plus customers to find advisors, and helps advisors to find them.
The truth is, there’s a shortage of advisors right now. We need tens of thousands more over the next decade. Some of those future advisors may actually come from today’s active traders, the same people who’ve been watching charts, trading options, and chasing upside. Eventually, life gets busier. You start a career, have kids, buy a home, and you realize you need someone to help manage your wealth with discipline and efficiency.
That’s what a financial advisor does. It’s not just investing. It’s building a network around you. It’s connecting you with estate planners, accountants, attorneys, and ensuring everything compounds in your favor over time.
This merger is about building that bridge. It’s about creating a space where the next generation of investors, and the next generation of advisors, can meet, grow, and define the future of independent advice together.”
Watch the full conversation on YouTube.
1 “Cerulli Anticipates $124 Trillion in Wealth Will Transfer Through 2048,” Cerulli Associates; December 5, 2024
About TradePMR
For more than two decades, TradePMR has worked with growth-minded independent registered investment advisors (RIAs), providing innovative technology tools and support designed to transform their businesses. The brokerage and custodian services provider (Member FINRA/SIPC), based in Clearwater, Fla., works to streamline investment advisors' operations through comprehensive custodial, operational, and trading support. For more information, visit www.TradePMR.com.
TradePMR, Inc. is a wholly owned subsidiary of Robinhood Markets, Inc.
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Oliver Renick is not affiliated with TradePMR or Robinhood.
