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Product updates
Robinhood launches joint investment accounts
Retail Trading Infrastructure
Jul 25, 2024
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Retail Trading Infrastructure

Retail Trading Infrastructure

Jul 25, 2024

Robinhood launches joint investment accounts

Product updates

  • Robinhood, an online trading platform, has launched joint investment accounts that allow users to manage investments together. The new offering allows families and partners to consolidate financial assets into a single account and simplify the investment process.

  • The joint investment account allows users to combine individual accounts into one shared account, share access, manage investments, transfer funds, and easily switch between individual investments and their joint accounts.

  • Robinhood will offer joint investment accounts at no additional cost, including a 1% deposit boost and a 5% APY on uninvested cash, aiming to provide additional financial rewards and growth opportunities for users.

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