Schwab Total Client Assets Rise Y/Y in October on Higher NNAs

Key Takeaways Schwab's total client assets reached $11.83T in October, rising year over year and sequentially.Core NNA hit $44.4B, surging from last year despite a slight sequential decline.New brokerage accounts jumped to 429,000, with active accounts and banking accounts also advancing.Charles Schwab (SCHW) released its monthly activity report for October 2025. The company’s total client assets were $11.83 trillion, up 20.1% from October 2024 and 2% sequentially. This was driven by the volatile markets du ...