Schwab Completes Acquisition of Forge Global, Expands Private Markets Capabilities.

Charles Schwab has completed the acquisition of Forge Global, a private marketplace transactions platform. The deal brings together Schwab's public markets expertise with Forge's private markets capabilities, positioning Schwab to offer a best-in-class experience across both markets for individual investors and RIAs. The acquisition will provide eligible investors with access to pre-IPO companies through direct private share purchases, single company funds, and multicompany funds.