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Schwab Shares Gain 1.1% as Total Client Assets Rise in April
SCHWCharles Schwab(SCHW) ZACKS·2025-05-15 13:56

Shares of Charles Schwab (SCHW) gained 1.1% following the release of its monthly activity report for April 2025. The company’s total client assets were 9.89trillion,up129.89 trillion, up 12% from April 2024 and stable sequentially. This was driven by the volatile markets during the month.Client assets receiving ongoing advisory services were 5.04 trillion, growing 12% from the year-ago period and relatively stable with the prior month.SCHW’s April Performance BreakdownSCHW’s core net new assets of $2.7 billion in April 20 ...