Schwab Reports 18% Asset Growth to $12.2 Trillion, New Accounts Up 10%
The Charles Schwab Corp reported January total client assets of $12.2 trillion, up 18% year over year, with core net new assets of $27.8 billion and new brokerage accounts rising 10% to 476,000. Daily average trades climbed to 9.5 million and margin loan balances rose 4% to $116.3 billion.
1. January Asset Milestones
Charles Schwab’s total client assets reached $12.2 trillion in January, marking an 18% year-over-year increase. The firm added core net new assets of $27.8 billion, reflecting robust client inflows and market appreciation.
2. Client Activity and Trading Metrics
New brokerage accounts grew by 10% to 476,000, illustrating strong client acquisition momentum. Meanwhile, daily average trades accelerated to 9.5 million, driven by heightened equity engagement across the platform.
3. Liquidity and Margin Loan Trends
Margin loan balances climbed 4% to $116.3 billion, underscoring increased client leverage. Transactional sweep cash declined by $20.4 billion to $433.3 billion, consistent with seasonal patterns in client cash allocations.