The Charles Schwab Corporation reported that core net new assets brought to the company rose 46% versus August 2025 to reach $64.8 billion, a record for the month of August. Total client assets equaled $13.41 trillion as of month-end August, up 19% from August 2025 and up 3% compared to July 2026. New brokerage accounts opened during the month totaled 424,000, an increase of 11% versus August 2025, while margin loan balances climbed 58% from year-end to $177.6 billion and daily average trades equaled 9.8 million. Transactional sweep cash increased $6.5 billion to end August at $483.3 billion, driven by continued client demand for long/short strategies. Schwab reported 40.1 million active brokerage accounts, 5.9 million workplace plan participant accounts and 2.4 million banking accounts as of August 31, 2026.
Charles Schwab CorpRecord $64.8B core net new assets, up 46% YoY, plus 424,000 new brokerage accounts and 58% margin loan growth show strong client demand for Schwab's services.
