Rick Worester, president, CEO, Charles Schwab. Thank you for being with us here at Schwab Impact. Uh, it's huge. It's the biggest ever. >> It is our biggest ever. It's so great to see the enthusiasm here, the spirit of helping clients. Uh, this industry's grown so much and the fact that we've got a record audience here is testament to that. >> It's been incredible. We've had so many great guests and conversations. But I want to start with the big news of Charles Schwab and that is the acquisition of Forge G ...

Welcome back. Charles Schwab announcing this morning it will buy private markets platform Forge Global. It's a $600 million deal that values Forge at $45 a share.Forge's stock skyrocketing of course on the news, up nearly 70% today. The acquisition comes just one week after Morgan Stanley announced it was buying Equity Zen, a private markets trading platform that competes with Forge. We should also note that Forge Global does have a partnership with CNBC to provide private market data.Joining us here first ...