09:27 AM EST, 11/14/2024 (MT Newswires) -- Charles Schwab ( SCHW ) said Thursday its total client assets reached $9.85 trillion in October, up 29% year-over-year and down 1% sequentially.

Core net new assets brought to the company were $24.6 billion in October, up 118% from a year earlier and down 27% compared with September, the company said.

New brokerage accounts reached 331,000 in October, up 17% year-over-year and 3% higher month-over-month, the company said.

Charles Schwab ( SCHW ) shares were up 4.5% in recent premarket activity.

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