• Blog - Charles Schwab

    Charles Schwab Completes Asset Acquisition of USAA Investment Management

    Charles Schwab recently announced the completion of its asset acquisition of USAA Investment Management Company. This major deal between two of the biggest names in banking and investments raises important questions for USAA members and Charles Schwab customers. This article provides key details on the acquisition, outlines what it means for your USAA and Schwab accounts, and gives guidance on next steps. Keep reading to understand this investment management news and how you can take control to optimize your finances. What Did Charles Schwab Acquire From USAA? On July 1st, 2022, Charles Schwab formally completed its acquisition of USAA Investment…