SCHW · News · 20261017N
Wealth Management Growth
SCHWAB CHARLES CORP · 2026-10-17 · Importance 20 · Surprise 24 · In source text
Total client assets reached a record $13.33 trillion in the third quarter of 2026. Schwab opened 1.2 million new brokerage accounts during the quarter. The company also reported record net new assets, indicating continued client and asset growth despite the slight revenue miss.
Key facts
- Total client assets reached $13.33 trillion. source
- Charles Schwab opened 1.2 million new brokerage accounts. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | Total client assets reached $13.33 trillion. |