Charles Schwab October Core Net New Assets Rise 50% to $66.5 Billion
- Charles Schwab's October 2026 core net new assets rose 50% year over year to $66.5 billion, a record for October.
- Total client assets reached $13.27 trillion at month-end, up 12% year over year.
- Client margin loan balances hit a record $196.7 billion, up 75% from year-end.
- Daily average trades totaled 10,577,000, up 23% year over year.
- Transactional sweep cash balances declined $7 billion during the month to $485.8 billion, reflecting elevated client net purchasing activity.
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: 202611130845BIZWIRE_USPR_____20261113_BW478235) on November 13, 2026, and is solely responsible for the information contained therein.