Charles Schwab total January client assets up 14% from year ago, flat from December
SCHWCharles Schwab(SCHW) Market Watch·2024-02-14 21:56

Charles Schwab Corp. SCHW said Wednesday total client assets in January rose 14% from the year-ago period, and remained flat with the previous month. Total core net new assets brought to the company in January by new and existing clients were 17.2billion,or17.2 billion, or 21.4 billion in core net new assets excluding Ameritrade originated brokerage clients. Transactional sweep cash as of Jan. 31 fell 11.3billionto11.3 billion to 406.1 billion compared to the previous month. “This decline was in-line with typical January seasonal ...