Schwab's core net new assets more than doubled from a year ago

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Charles Schwab (NYSE:SCHW) reported core net new assets of $24.6B in October, down 27% from $33.5B in September but more than double $11.3B in October 2023.

Net client assets ended the month at $9.85T, down 1% M/M and up 29% Y/Y.