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Charles Schwab October Core Net New Assets Up 50% To $66.5B; Total Client Assets Equaled $13.27 Trillion As Of Month-End October
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The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of October 2026 include:

  • Core net new assets brought to the company increased 50% versus October 2025 to reach $66.5 billion – a record for the month of October.
  • Total client assets equaled $13.27 trillion as of month-end October, up 12% from October 2025 and relatively flat compared to September 2026.
  • New brokerage accounts opened during the month totaled 409,000, representing the eighth consecutive month of at least 400,000 new account opens.
  • October daily average trades remained strong at 10.6 million, driven primarily by robust engagement in equities and exchange traded fund products. Additionally, record client margin loan balances were up 75% from year-end to $196.7 billion.
  • Transactional sweep cash balances declined by $7.0 billion to end October at $485.8 billion, reflecting elevated client net purchasing activity and typical seasonality related to advisory fee payments, partially offset by strong net asset gathering and growth in short credits related to certain long/short strategies.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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