Schwab moves giant step closer to taking proprietary private-market investments mainstream, today, by closing Forge deal; experts caution spending $660 million was the easy part

Charles Schwab has completed its acquisition of Forge, moving closer to making proprietary private-market investments mainstream. Experts suggest that while spending $660 million on the deal was straightforward, integrating these investments into the mainstream financial system will present further challenges. The article alludes to the strategic importance of this acquisition for Schwab’s future offerings.