Charles Schwab reports May total client assets $10.35T

From Yahoo Finance: 2025-06-14 09:05:00

In May 2025, Charles Schwab reported a record $35B in core net new assets brought by clients, up 13% from May 2024. Total client assets reached $10.35T, a 12% increase from last year. The company opened 336,000 new brokerage accounts, up 7% from May 2024. Trading volume exceeded 7M daily average trades for the 5th consecutive month. Transactional sweep cash fell to $398.1B.



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