SCHW · News · 20261022N

Client Asset Growth

SCHWAB CHARLES CORP · 2026-10-22 · Importance 38 · Surprise 24

Charles Schwab reported strong third-quarter results driven by steady core net new client assets and record total client assets. The update highlighted continued strength in Schwab’s asset-gathering engine and changing client cash behavior. Schwab also operates a broad platform serving retail brokerage, workplace-plan, and banking clients, with $13.33 trillion in client assets and 40.3 million active brokerage accounts reported in the digest.

Key facts

• Charles Schwab reported $13.33 trillion in client assets. source
• Charles Schwab currently manages 40.3 million active brokerage accounts. source
• Charles Schwab currently manages 5.9 million workplace plan participant accounts. source
• Charles Schwab currently manages 2.4 million banking accounts. source
• Institutional investors collectively own 84.38% of SCHW. source