USAA cuts bait on wealth management companies

Since November, USAA has sold both USAA Asset Management and USAA Investment Management in deals totaling $2.65 billion. The divestiture of two of USAA's largest investment subsidiaries represents a rare misstep for the San Antonio-based financial services company and a refocusing on its core strengths.

source https://finance.yahoo.com/m/8d109f3c-8b15-37d0-8d83-745f3db25382/usaa-cuts-bait-on-wealth.html?.tsrc=rss

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