Schwab reports USD 32.5 billion in February core net new assets and USD 12.22 trillion in client assets

Reuters03-13 20:45
Schwab reports USD 32.5 billion in February core net new assets and USD 12.22 trillion in client assets

Schwab said core net new assets in February were USD 32.5 billion, including a USD 17.5 billion outflow tied to a planned mutual fund clearing client deconversion. Total client assets were USD 12.22 trillion at the end of February, up 19% from February 2025. Schwab reported 395,000 new brokerage accounts opened in February, up 9% year over year. February daily average trades reached 9.9 million, up 33% from the prior year. Client margin loan balances were USD 120.6 billion at month-end, up 39% from year-end.

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: 20260313252514) on March 13, 2026, and is solely responsible for the information contained therein.

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