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Charles Schwab's Total Client Assets Rise 16% in February
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Charles Schwab's Total Client Assets Rise 16% in February
Mar 14, 2025 7:11 AM

09:47 AM EDT, 03/14/2025 (MT Newswires) -- Charles Schwab ( SCHW ) said Friday that its total client assets reached $10.28 trillion in February, up 16% year-over-year and down 1% compared with January.

Core net new assets brought into the company were $48 billion in February, up 44% from a year earlier and up 57% from January, the company said.

New brokerage accounts totaled 362,000 in February, up 5% from a year earlier and down 16% from the prior month, the company said.

Shares were up almost 5% in early trading.

Price: 77.08, Change: +3.57, Percent Change: +4.86

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