Is USAA owned by Charles Schwab?

Is USAA owned by Charles Schwab?

The Charles Schwab & Co. is buying USAA’s Investment Management Company for $1.8 billion — a price inflated by a key kicker USAA added to the transaction: Schwab gets a marketing key to the henhouse of 13 million members. Aug 8, 2020

See also  Why do bikers wear skull rings?