09:10 AM EDT, 03/13/2026 (MT Newswires) -- Charles Schwab ( SCHW ) said Friday its core net new assets totaled $32.5 billion in February, including a $17.5 billion outflow tied to a planned mutual fund clearing client deconversion.

Excluding that one-time item, core net new assets were $50 billion for the month, the company said.

Meanwhile, total client assets reached $12.22 trillion at the end of February, up 19% from a year earlier.

Schwab said it opened 395,000 new brokerage accounts during the month, a 9% increase year over year.