https://finance.yahoo.com/news/robinhood-says-picked-customers-since-155300069.html
Seems merged happened but point of merger is lost?
5 replies (most recent on top)
For those claiming Schwab is still successful - why all the layoffs and forced terminations? PIPs? Seriously - a sign of a deeply troubled company.
I have done some of the underlying analytics. Last time robinhood claimed this it was a drop in the ocean for us, but big for them. Attrition is expected in a merger and most brokerages will have picked up some clients as a result. This is a bunch of nothing
Schwab model is a failure. The only reason any client stay is loyalty to advisor. Now that advisors are gone, so will revenue stream.
I’m sure every brokerage did. It was inevitable.
They can have that segment of TD clients