Robinhood預計要到明年才能完成其斥資3億美元收購財富管理平臺TradePMR的交易——這是該公司通過拓展全新業(yè)務實現(xiàn)超速增長的努力之一。不過,Robinhood已經(jīng)開始推出合并兩家公司的計劃。
據(jù)四位知情人士透露,Robinhood在周二和周三向TradePMR的約200名員工發(fā)放了錄用通知書,要求他們在周五下班前接受新合同。據(jù)其中一位知情人士透露,僅有兩名TradePMR員工——其建筑維護團隊——未收到加入這家實力增強的金融科技公司的邀約。
據(jù)三位知情人士透露,Robinhood和TradePMR對于不接受工作邀約的員工將如何安排,尚未給出明確說明。一位在職員工說:"我們的理解是,如果你不接受新合同,你就會被解雇。”另一位知情人士說,已有部分TradePMR員工拒絕加入Robinhood并遞交了辭呈,但《財富》雜志無法核實具體人數(shù)。
Robinhood和TradePMR拒絕就此發(fā)表評論。
員工們被告知錄用通知書將在幾周內(nèi)發(fā)放。據(jù)兩名在職員工透露,Robinhood于周一正式向TradePMR員工發(fā)出了關(guān)于錄用通知書的內(nèi)部通知。隨后在周二召開了一次全體員工大會,介紹了Robinhood的健康保險計劃和其他福利待遇。據(jù)這兩名員工所述,再之后便召開了會議,討論股權(quán)分配方案等具體事宜。然后,在周二和周三,TradePMR的員工們分別與Robinhood代表就聘用合同進行了一對一會談,并被要求在本周末前做出決定。
像Robinhood這樣期限緊迫的工作邀約在人力資源圈內(nèi)被稱為“爆炸性邀約”,通常用來迫使?jié)撛趩T工迅速接受。對于員工而言,他們做決定的時間窗口極為有限,尤其是由于Robinhood所提供的薪酬待遇結(jié)構(gòu)與他們以往所熟悉的模式大相徑庭。Robinhood的薪酬計劃包括獎金和股權(quán),由個人和公司業(yè)績決定。相比之下,TradePMR員工的薪酬通常完全由工資或時薪?jīng)Q定。一位員工表示,最新的工作邀約給他們帶來了很大的壓力,尤其是在節(jié)假日期間,原因是他們必須在幾天內(nèi)做出決定。
然而,據(jù)知情人士透露,對于決定簽署合同的TradePMR員工而言,幾乎不存在任何不利因素,因為合同中并未包含禁止員工在簽署合同后離職的條款。這位知情人士還表示,沒有員工向人力資源部門提出延長決策時間的要求。
一名員工對接受擬議的合同持樂觀態(tài)度,他們認為Robinhood提供了更好的醫(yī)療保健和計劃生育福利。“Robinhood提供的許多福利是我以前從未享受過的——因為我從未在硅谷公司工作過,”一位員工說,并指出他們打算接受這份合同,并認為自己最終會獲得更為豐厚的回報。
Robinhood總部位于加利福尼亞州門洛帕克,而TradePMR在佛羅里達州克利爾沃特和蓋恩斯維爾設有辦事處。
Robinhood于11月宣布收購TradePMR,預計該交易將于2025年上半年完成。此次并購將使Robinhood的業(yè)務范圍從零售交易領(lǐng)域擴展到財富管理領(lǐng)域,包括為管理富人投資并據(jù)此收取費用的理財顧問提供服務。TradePMR被稱為托管公司,理財顧問利用其服務管理客戶賬戶和投資組合,并處理轉(zhuǎn)賬和交易。隨著近期的企業(yè)合并,財富管理行業(yè)中的托管公司屈指可數(shù),而TradePMR為大約350家金融咨詢公司提供服務。
在過去的一年里,Robinhood的營收呈現(xiàn)穩(wěn)步增長的態(tài)勢,截至2024年9月的季度營收達到了6.37億美元,相較于去年同期的4.67億美元,實現(xiàn)了顯著提升。盡管Robinhood在此之前已經(jīng)成功收購了包括Say Technologies和X1在內(nèi)的多家企業(yè),但TradePMR是其迄今為止所完成的規(guī)模最大的一筆收購。
然而,Robinhood在爭取TradePMR客戶方面仍需付出諸多努力,因為眾多理財顧問長期以來一直對Robinhood的商業(yè)模式持批評立場。批評者指出,Robinhood的商業(yè)模式有鼓勵客戶進行頻繁且高風險交易的傾向,而這與理財顧問們長期以來致力于引導客戶規(guī)避的行為背道而馳。
然而,就當前階段而言,Robinhood正努力爭取TradePMR員工的加入。據(jù)一位員工回憶,11月下旬,Robinhood首席執(zhí)行官弗拉德·特涅夫和TradePMR首席執(zhí)行官羅伯·鮑德溫(Robb Baldwin)與員工舉行了一次Zoom會議。在這次會議中,他們概述了Robinhood的收購計劃,以及他們將如何把Robinhood的客戶引薦給投資咨詢公司,同時確保這些公司的資產(chǎn)繼續(xù)留在TradePMR進行管理。
一名員工表示:“當我們得知這一消息時,無疑感到非常震驚。我逐漸對此產(chǎn)生了越來越強的興奮感。”(財富中文網(wǎng))
譯者:中慧言-王芳
Robinhood預計要到明年才能完成其斥資3億美元收購財富管理平臺TradePMR的交易——這是該公司通過拓展全新業(yè)務實現(xiàn)超速增長的努力之一。不過,Robinhood已經(jīng)開始推出合并兩家公司的計劃。
據(jù)四位知情人士透露,Robinhood在周二和周三向TradePMR的約200名員工發(fā)放了錄用通知書,要求他們在周五下班前接受新合同。據(jù)其中一位知情人士透露,僅有兩名TradePMR員工——其建筑維護團隊——未收到加入這家實力增強的金融科技公司的邀約。
據(jù)三位知情人士透露,Robinhood和TradePMR對于不接受工作邀約的員工將如何安排,尚未給出明確說明。一位在職員工說:"我們的理解是,如果你不接受新合同,你就會被解雇?!绷硪晃恢槿耸空f,已有部分TradePMR員工拒絕加入Robinhood并遞交了辭呈,但《財富》雜志無法核實具體人數(shù)。
Robinhood和TradePMR拒絕就此發(fā)表評論。
員工們被告知錄用通知書將在幾周內(nèi)發(fā)放。據(jù)兩名在職員工透露,Robinhood于周一正式向TradePMR員工發(fā)出了關(guān)于錄用通知書的內(nèi)部通知。隨后在周二召開了一次全體員工大會,介紹了Robinhood的健康保險計劃和其他福利待遇。據(jù)這兩名員工所述,再之后便召開了會議,討論股權(quán)分配方案等具體事宜。然后,在周二和周三,TradePMR的員工們分別與Robinhood代表就聘用合同進行了一對一會談,并被要求在本周末前做出決定。
像Robinhood這樣期限緊迫的工作邀約在人力資源圈內(nèi)被稱為“爆炸性邀約”,通常用來迫使?jié)撛趩T工迅速接受。對于員工而言,他們做決定的時間窗口極為有限,尤其是由于Robinhood所提供的薪酬待遇結(jié)構(gòu)與他們以往所熟悉的模式大相徑庭。Robinhood的薪酬計劃包括獎金和股權(quán),由個人和公司業(yè)績決定。相比之下,TradePMR員工的薪酬通常完全由工資或時薪?jīng)Q定。一位員工表示,最新的工作邀約給他們帶來了很大的壓力,尤其是在節(jié)假日期間,原因是他們必須在幾天內(nèi)做出決定。
然而,據(jù)知情人士透露,對于決定簽署合同的TradePMR員工而言,幾乎不存在任何不利因素,因為合同中并未包含禁止員工在簽署合同后離職的條款。這位知情人士還表示,沒有員工向人力資源部門提出延長決策時間的要求。
一名員工對接受擬議的合同持樂觀態(tài)度,他們認為Robinhood提供了更好的醫(yī)療保健和計劃生育福利。“Robinhood提供的許多福利是我以前從未享受過的——因為我從未在硅谷公司工作過,”一位員工說,并指出他們打算接受這份合同,并認為自己最終會獲得更為豐厚的回報。
Robinhood總部位于加利福尼亞州門洛帕克,而TradePMR在佛羅里達州克利爾沃特和蓋恩斯維爾設有辦事處。
Robinhood于11月宣布收購TradePMR,預計該交易將于2025年上半年完成。此次并購將使Robinhood的業(yè)務范圍從零售交易領(lǐng)域擴展到財富管理領(lǐng)域,包括為管理富人投資并據(jù)此收取費用的理財顧問提供服務。TradePMR被稱為托管公司,理財顧問利用其服務管理客戶賬戶和投資組合,并處理轉(zhuǎn)賬和交易。隨著近期的企業(yè)合并,財富管理行業(yè)中的托管公司屈指可數(shù),而TradePMR為大約350家金融咨詢公司提供服務。
在過去的一年里,Robinhood的營收呈現(xiàn)穩(wěn)步增長的態(tài)勢,截至2024年9月的季度營收達到了6.37億美元,相較于去年同期的4.67億美元,實現(xiàn)了顯著提升。盡管Robinhood在此之前已經(jīng)成功收購了包括Say Technologies和X1在內(nèi)的多家企業(yè),但TradePMR是其迄今為止所完成的規(guī)模最大的一筆收購。
然而,Robinhood在爭取TradePMR客戶方面仍需付出諸多努力,因為眾多理財顧問長期以來一直對Robinhood的商業(yè)模式持批評立場。批評者指出,Robinhood的商業(yè)模式有鼓勵客戶進行頻繁且高風險交易的傾向,而這與理財顧問們長期以來致力于引導客戶規(guī)避的行為背道而馳。
然而,就當前階段而言,Robinhood正努力爭取TradePMR員工的加入。據(jù)一位員工回憶,11月下旬,Robinhood首席執(zhí)行官弗拉德·特涅夫和TradePMR首席執(zhí)行官羅伯·鮑德溫(Robb Baldwin)與員工舉行了一次Zoom會議。在這次會議中,他們概述了Robinhood的收購計劃,以及他們將如何把Robinhood的客戶引薦給投資咨詢公司,同時確保這些公司的資產(chǎn)繼續(xù)留在TradePMR進行管理。
一名員工表示:“當我們得知這一消息時,無疑感到非常震驚。我逐漸對此產(chǎn)生了越來越強的興奮感?!保ㄘ敻恢形木W(wǎng))
譯者:中慧言-王芳
Robinhood doesn’t expect to close its $300 million acquisition of wealth management platform TradePMR until next year—part of an effort to supercharge growth by expanding into an entirely new business. But Robinhood is already starting to roll out plans for combining the two workforces.
On Tuesday and Wednesday, Robinhood presented offer letters to TradePMR’s approximately 200 employees—giving them until the end of day on Friday to accept their new contracts, according to four people with knowledge of the matter. Only two of TradePMR’s employees—its building maintenance team—didn’t get offers to join the beefed up fintech, according to one of the people.
Robinhood and TradePMR haven’t explained what will happen to employees who don’t accept their offers, according to three of the sources. “The understanding is that you’ll be terminated” if you don’t accept, one current employee said. Some TradePMR employees have already declined to join Robinhood and tendered their resignation, another person said, although Fortune was unable to verify how many.
Robinhood and TradePMR declined to comment on the record.
Employees had been told the job offers were coming for a couple of weeks. Then on Monday Robinhood sent a formal internal message to TradePMR’s employees about the offers, followed by an all-employee meeting on Tuesday to go over Robinhood’s health plan and other benefits, according to two current employees. Meetings to review details like equity packages came after, the employees said. Later, on Tuesday and Wednesday, employees discussed their individual offer letters in one-on-one meetings, then were given until the end of the week to make a decision.
Offers with tight deadlines such as those from Robinhood are referred to within HR circles as “exploding offers” and are typically used to pressure prospective employees into accepting quickly. It’s a fast turnaround for employees to decide, particularly because the pay packages are structured differently from what they’re accustomed to. Robinhood offers bonuses and equity, determined by individual and company performance, as part of its compensation plans. TradePMR employees, in contrast, are generally paid entirely via a salary or hourly pay. One employee said the latest offers created a lot of pressure, especially during the holiday season, because they had to make a decision in a few days.
However, there is little downside for TradePMR employees who sign the contracts—as there is no language barring an employee from signing, then quitting Robinhood later, according to someone with knowledge of the matter. No employees have asked HR for an extension to make a decision, that person said.
One employee is optimistic about accepting the proposed contract, citing what they described as Robinhood’s better health care and family planning benefits. “They offer a lot of stuff that I’ve never been offered before—because I’ve never worked at a Silicon Valley company,” one employee said, noting that they plan to accept the offer and think they will ultimately make more money.
Robinhood is based in Menlo Park, Calif., while TradePMR has offices in Clearwater and Gainesville, Fla.
The TradePMR acquisition, which Robinhood announced in November, is expected to close in the first half of 2025. The deal would expand Robinhood from its retail trading roots into wealth management, including servicing financial advisors who manage the investments of wealthy individuals for fees. TradePMR is known as a custodian, used by financial advisors to help manage their client accounts and portfolios and handle transfers and trades. With recent corporate consolidation, there are only a few custodians in the wealth management industry, and TradePMR services some 350 financial advisory firms.
Robinhood’s revenue has been growing steadily over the past year—at $637 million in the quarter ended September 2024, up from $467 million in the year-ago period. While Robinhood has previously acquired companies including Say Technologies and X1, TradePMR would be its largest acquisition to date when the deal closes.
However, Robinhood has a lot of work ahead to woo TradePMR’s clients, as many financial advisors have long been critical of Robinhood’s business model. Critics say it incentivizes the kind of frequent, risky trading that they spend so much of their time encouraging clients to avoid.
But, as of now, Robinhood is trying to get TradePMR employees on board. In late November, Robinhood CEO Vlad Tenev and TradePMR CEO Robb Baldwin hosted a Zoom call with staff, one employee recalled, in which they outlined Robinhood’s plans for the acquisition and how they will refer Robinhood customers to investment advisory firms that keep assets with TradePMR.
“It was obviously a big shock when we found out about it,” one employee said. “I’m slowly getting more excited about it.”