09:38 AM EDT, 09/16/2024 (MT Newswires) -- Charles Schwab ( SCHW ) said Monday its total client assets reached $9.74 trillion in August, up 20% from a year earlier and 2% from July.

Core net new assets brought to the company were $32.8 billion in August, up from $4.9 billion in August 2023, the company said.

New brokerage accounts reached 324,000 in August, up 4% from a year earlier, the financial services firm added.

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