09:32 AM EDT, 06/14/2024 (MT Newswires) -- Charles Schwab ( SCHW ) said Friday that its total client assets reached $9.21 trillion in May, up 20% from a year earlier and 4% from April.

Core net new assets brought to the company by clients were $31.1 billion last month, the company added.

New brokerage accounts in May stood at 314,000, unchanged from a year earlier, and down 13% from April, the financial services firm said.

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