Charles Schwab Reports October Total Client Assets Of $11.83T, Up 20% YoY

The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of October 2025 include:

• Core net new assets brought to the company increased 80% versus October 2024 to reach $44.4 billion – a record for the month of October.
• Total client assets equaled $11.83 trillion as of month-end October, up 20% from October 2024 and up 2% compared to September 2025.
• New brokerage accounts opened during the month totaled 429,000, up 30% versus October 2024.
• Investor engagement accelerated in October, with average margin loan balances rising 7% versus September 2025 and daily average trades reaching 8.6 million.
• Transactional sweep cash increased by $3.2 billion to end October at $428.8 billion, reflecting typical seasonality, net asset gathering, and client engagement with the markets.