Charles Schwab (SCHW) released its monthly activity report. Company highlights for the month of February include: core net new assets brought to the company in February totaled $32.5B. This includes a $17.5B outflow from a planned mutual fund clearing client deconversion. Excluding this one-time item, core net new assets for the month of February equaled $50B. Total client assets equaled $12.22T as of month-end February, up 19% from February 2025 and up 1% compared to January. New brokerage accounts opened during the month totaled 395,000, an increase of 9% versus February 2025.
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