Charles Schwab Reports Total Client Assets Of $13.41T At The End Of August, Up 19% YoY
Benzinga·09/15/2026 12:47:45
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- Core net new assets brought to the company increased 46% versus August 2025 to reach $64.8 billion – a record for the month of August.
- Total client assets equaled $13.41 trillion as of month-end August, up 19% from August 2025 and up 3% compared to July 2026.
- New brokerage accounts opened during the month totaled 424,000, an increase of 11% versus August 2025.
- Investors remained engaged in August with margin loan balances up 58% from year-end to $177.6 billion and daily average trades equaling 9.8 million.
- Transactional sweep cash increased $6.5 billion to end August at $483.3 billion, driven by continued client demand for long/short strategies.