Who owns USAA now?
Who owns USAA now?
On July 26, 2019, the Charles Schwab Corporation announced it would acquire USAA’s investment and brokerage accounts for $1.8 billion.
Why did USAA sell to Victory Capital?
Victory Capital has acquired USAA’s Asset Management Company in a deal announced last November. The sale includes USAA’s mutual fund, ETF and 529 college savings businesses. The deal reflects USAA’s unwavering mission to facilitate the financial security of the military community.
When did USAA move to Schwab?
USAA brokerage and USAA Managed Portfolios transitioned to Charles Schwab on Tuesday, May 26, as part of the $1.8 billion deal announced last July. May 26, 2020
