SCHW · News · 20260917N
Client Asset Growth
SCHWAB CHARLES CORP · 2026-09-17 · Importance 32 · Surprise 24 · In source text
Charles Schwab reported record August core net new assets of $64.8 billion, indicating strong client acquisition and asset-gathering momentum. Total client assets reached $13.41 trillion during the month across the company’s brokerage and wealth-management platform. The reported growth suggests continued demand from retail and institutional clients for Schwab’s investment and custody services.
Key facts
- Schwab's core net new assets in August 2026: $64.8 billion. source
- Charles Schwab will hold a Fall Business Update for institutional investors on October 15, 2026, as a live public webcast featuring President and CEO Rick Wurster and CFO Mike Verdeschi. source
- Schwab's total client assets as of August 2026: $13.41 trillion. source
- The Fall Business Update will report the company's client assets and accounts as of August 31, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | Schwab's core net new assets in August 2026: $64.8 billion. |
| assets | unclear | realized | — | Schwab's total client assets as of August 2026: $13.41 trillion. |