Back to Industry News
Fintech
Schwab Eyes Private Company Investments for Retail Clients, CEO Says
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Bloomberg.com
Photo by Markus Winkler on Unsplash
Stay updated on stories like this
Key takeaways
- is reportedly exploring ways to expand private company investment opportunities for its retail clients, according to Bloomberg
- As more companies remain private for extended periods, Schwab aims to provide access to this asset class, historically reserved for institutional investors and high-net-worth individuals
- Specifics regarding the strategy or timeline for offering these investments remain undisclosed
Charles Schwab Corp. is reportedly exploring ways to expand private company investment opportunities for its retail clients, according to Bloomberg.com. As more companies remain private for extended periods, Schwab aims to provide access to this asset class, historically reserved for institutional investors and high-net-worth individuals. Specifics regarding the strategy or timeline for offering these investments remain undisclosed. This potential expansion reflects a broader trend of democratizing access to private markets and could reshape the retail investment landscape.
Related Topics
Charles Schwabprivate equityretail investorsinvestment strategyfinancial services
Never miss stories like this