Robinhood Asset Management LLC

Item 5: ​
Additional Compensation

Madeline does not receive any economic benefit for providing advisory services outside the scope of
employment with Robinhood Asset Management, LLC.

Types of Clients
Robinhood Strategies provides investment advisory services to individual clients in taxable and
non-taxable accounts, to custodial accounts (UGMA/UTMA), and to revocable trust accounts. Only
those individuals who currently maintain or first open a self-directed, individual taxable brokerage
account with Robinhood Financial and Robinhood Securities, LLC (“Robinhood Securities”) may open a
Managed Account, whether the Managed Account is for their own benefit, a custodial account for the
benefit of a minor, or a trust account. The minimum amount required to open and maintain an account
with Robinhood Strategies is $50.

To open a trust account, the trustee must be an authorized signatory under the trust instrument with
authority to delegate investment management discretion, and must provide documentation satisfactory
to Robinhood Strategies establishing that authority.

In order for Robinhood Strategies to provide its advisory services, Robinhood Strategies clients must
have access to web-based internet, the Robinhood App on a mobile device, and an email address for
which they can accept electronic communications from Robinhood Strategies and its affiliates. All

Robinhood Form ADV Part 2

Robinhood Strategies managed account communications, materials, and documents will be delivered
electronically. Clients consent and agree to maintain the ability to receive and access these documents
through electronic channels as a requirement in order to open and maintain a managed account
through Robinhood Strategies. Clients who revoke their consent to electronic delivery of documents will
cause the termination of their advisory relationship with Robinhood Strategies.
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Investors evaluating Robinhood Strategies' advisory services should understand that Robinhood
Strategies' relationship with clients won’t involve direct conversations with investment personnel, which
means each client must acknowledge their ability and willingness to conduct their relationship with
Robinhood Strategies primarily on an electronic basis. Robinhood Strategies does make
representatives available to clients for account servicing and other customer support matters.