Skip navigation
The Daily Brief
Charles Schwab Smith Collection/Gado/Archive Photos/Getty Images

USAA Transition to Schwab Goes Live

USAA members accessing investment products and services are being directed to Schwab.

The end of Memorial Day weekend means changes for certain USAA members.

USAA brokerage and USAA Managed Portfolios transitioned to Charles Schwab on Tuesday, May 26, as part of the $1.8 billion deal announced last July. For USAA members with USAA Managed Portfolio accounts, “participating in the transition to Schwab is the only way to maintain access to the program at Schwab,” according to materials shared by USAA.

“We chose Schwab because they serve their clients like USAA serves its members—they approach every decision ‘through clients' eyes,’” according to a USAA note to its members. “Existing Wealth Management benefits remain the same today and members will continue to have a dedicated relationship with experienced professionals to meet their financial needs.”

Schwab posted a note acknowledging the USAA members using its site, as well as a link to a “transition hub” to access new user credentials.

Want The Daily Brief delivered directly to your inbox? Sign up for's Morning Memo newsletter.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.