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Dell Family's Trump Accounts Gift Boosts Robinhood's 4Q Net Deposits -- Market Talk

Dell Family's Trump Accounts Gift Boosts Robinhood's 4Q Net Deposits -- Market Talk

Dow JonesDow Jones2026/10/27 20:06

1606 ET - The launch of Trump Accounts has put Robinhood on track for strong net deposit numbers in the fourth quarter. After net deposits rose 17% year-over-year relative to total platform assets to $15.7 billion in the third quarter, CFO Shiv Verma says net deposits to date in October have surpassed $13 billion. That includes a $6 billion contribution from Michael and Susan Dell's donation to the Trump Accounts, for which Robinhood serves as the primary broker. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

October 27, 2026 16:06 ET (20:06 GMT)

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