Schwab reports May core net new assets rise 43% to $49.9 billion record

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Charles Schwab Corp

SCHW

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  • Schwab posted May activity highlights with core net new assets up 43% year over year to $49.9 billion, a record for May.
  • Total client assets reached $13.14 trillion at May month-end, up 27% year over year; up 4% from April.
  • New brokerage accounts opened rose 37% year over year to 461,000.
  • Client margin loan balances climbed 38% from year-end to $154.6 billion, including $37.4 billion tied to long/short strategies.
  • Daily average trades hit a record 11.8 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Charles Schwab Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260612897792) on June 12, 2026, and is solely responsible for the information contained therein.