Robinhood Securities is now approved to serve as an underwriter.
Since IPO Access launched in 2021, we've watched retail go from an afterthought to a key part of how companies plan an IPO. The question changed from "why allocate to retail at all?" to "how big can the allocation be?"
Becoming an underwriter, and not just a selling group member, is the natural next step to better serve our customers and our issuers.
We intend to be disruptive in this space.