This is a reissue of the release originally distributed on 19-Oct-2026. It consists of an updated headline.
NEW YORK, Oct. 19, 2026 /PRNewswire/ -- Market Updates News Commentary - The United States added more than 440,000 millionaires in 2025, an average of more than 1,200 a day, according to the UBS Global Wealth Report 2026. That brings the country to more than 23.6 million people with a net worth of at least $1 million, and the U.S. accounted for almost half of all the new millionaires created worldwide last year. The headline number is real. What it means for an ordinary household, and for the companies that hold, invest and advise on all that money, is a more complicated story. Companies mentioned in this article include: The Charles Schwab Corporation (NYSE: SCHW), BlackRock, Inc. (NYSE: BLK), Robinhood Markets, Inc. (NASDAQ: HOOD), Morgan Stanley (NYSE: MS), LPL Financial Holdings Inc. (NASDAQ: LPLA).
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