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SCHW Charles Schwab Corporation

73.95
0.00 (0.00%)
Pre Market
Last Updated: 12:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Charles Schwab Corporation NYSE:SCHW NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 73.95 36 12:00:00

Schwab Client Assets Rise 36% in October

12/11/2021 2:30pm

Dow Jones News


Charles Schwab (NYSE:SCHW)
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From May 2021 to May 2024

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By Dave Sebastian

 

Charles Schwab Corp. its client assets were $7.98 trillion at the end of October, up 36% from the same month last year and up 5% from September.

The Westlake, Texas-based financial-services company Friday said core net new assets brought to the company by new and existing clients were $36.8 billion. Excluding mutual fund clearing, net new assets totaled $35.9 billion, the company said.

Schwab said average margin balances were $83.8 billion in October, up 74% from the same month last year and up 3% from September.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

November 12, 2021 09:15 ET (14:15 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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