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Schwab's Client Assets Up 15.3% Y/Y in August 2025: What's Driving It?
ZACKS· 2025-09-16 21:21
Key Takeaways Charles Schwab's client assets hit $11.23T in August, up 15.3% year over year and 2.4% from July.Core net new assets rose 35.4% year over year to $44.4B, though down 5.3% from the prior month. Schwab opened 382,000 new brokerage accounts in August, up 17.9% from last year and 1.3% sequentially.For August 2025, Charles Schwab (SCHW) recorded an increase in client assets. Total client assets were $11.23 trillion, up 15.3% from August 2024 and 2.4% from July 2025. Client assets receiving ongoing ...