Schwab Reports Monthly Activity Highlights
The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of May 2017 include:
- Net new assets brought to the company by new and existing clients in May 2017 totaled $24.0 billion.
- Total client assets were a record $3.00 trillion as of month-end May, up 15% from May 2016 and up 2% compared to April 2017.
- Client assets receiving ongoing advisory services were also a record $1.52 trillion as of month-end May, up 17% from May 2016 and up 2% compared to April 2017.