The capital injection is “a strong sign of confidence from investors that will help us continue to further serve our customers,” a company spokesperson said in a statement.

Robinhood Markets, the trading app that’s popular with investors behind this month’s wildest stock swings, has drawn down some of its credit lines with banks, according to people with knowledge of the matter.

Reddit users helped fuel a blistering rally in GameStop, the video game retailer, burning short sellers and hedge funds.

Companies are betting that pent-up demand for networking and other opportunities will help fill seats at events planned for later this year.

The 2,500-advisor firm is sneaking up on larger rivals by adopting an approach that’s increasingly popular across wealth management.

The firm hopes the software will help firms tap into growing demand for sustainable investing.

"When you ask someone what their goals are for retirement in 10, 20 or 30 years, the truth is most people don’t even know what’s possible in the first place," Michael Kitces says.

Firms affiliated with the broker-dealer can access the software for free through AdviceWorks.

The Internal Revenue Service’s Criminal Investigation Division issued a warning Thursday about a new wave of COVID-19 scams tied to the latest round of stimulus payments, especially targeting taxpayers in the District of Columbia.