Schwab's January Core Net New Assets Rise Significantly Y/Y

Charles Schwab (SCHW) released its monthly activity report for January 2025. The company’s core net new assets of $30.6 billion declined from the previous month’s$61.4 billion but surged substantially from $17.2 billion recorded in the year-ago month.SCHW’s January Performance BreakdownSCHW’s total client assets in January 2025 were$10.33 trillion, up 2.3% from December 2024 and 20.7% from the January 2024 level. Client assets receiving ongoing advisory services were $5.20 trillion, up 2.6% from the prior ...