SCHW·The Charles Schwab Corporation

Charles Schwab has officially completed its acquisition of Forge Global, a platform that provides investors access to pre-IPO companies. This integration is designed to expand Schwab's alternative investments and private market offerings, aiming to enhance the investor experience across both public and private markets. The move seeks to provide greater access and transparency in private company investing, merging Schwab's public market expertise with Forge's private marketplace services. In related news, Barclays has reiterated its "Buy" rating on Charles Schwab shares with a price target of $120. This follows an analyst's participation in the company's fourth-quarter 2025 earnings call, where management addressed concerns about legacy Ameritrade client transitions and confirmed positive net new assets. January 2026 activity showed significant core net new assets and an increase in total client assets, indicating continued growth momentum. Investors will be watching for how Schwab integrates Forge's capabilities and the ongoing impact of client transitions on its growth trajectory.